In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, South Africa, we hereby advise the following dealing by a director in Telkom securities:
| Name of director | : RJ September | |||||||||||||||||||
| Category of director | : Executive | |||||||||||||||||||
| Name of company | : Telkom SA Limited | |||||||||||||||||||
| Shares allocated in terms of the Telkom Conditional Share Plan | ||||||||||||||||||||
| Allocation of securities | : Pursuant to the entering into a service agreement | |||||||||||||||||||
| Securities granted | : 42 212 ordinary shares | |||||||||||||||||||
| Class of securities | : Ordinary shares | |||||||||||||||||||
| Securities consideration | : Nil | |||||||||||||||||||
| Option vesting dates | : 22 181 ordinary shares during June 2009 20 031 ordinary shares during June 2010 | |||||||||||||||||||
| Date of transaction | : 5 December 2008 | |||||||||||||||||||
| Price of securities | : Nil | |||||||||||||||||||
| Number of securities | : 5 450 | |||||||||||||||||||
| Total value of securities | : Nil | |||||||||||||||||||
| Class of securities | : Ordinary shares | |||||||||||||||||||
| Nature of transaction | : Acquisition of ordinary shares | |||||||||||||||||||
| Interest | : Direct beneficial | |||||||||||||||||||
| Clearance to deal received | : Yes | |||||||||||||||||||
PRETORIA
28 January 2009
Sponsor to Telkom SA Limited
UBS South Africa (Pty) Ltd