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Joint Announcement of Telkom Board and GCEO

In compliance with section 3.59 of the JSE Limited Listings requirements, shareholders are advised that Telkom SA Limited and the Group Chief Executive Officer have today announced that Mr September will retire from his position and resign his directorship at the expiry of his contract in November 2010.

Mr September served Telkom for more than 33 years and was Group Chief Executive Officer of Telkom from 1 November 2007. During this period Mr September led the disposal of the 50% interest in Vodacom, the restructure of the Group, launch of its Data Centre Operations branded as Cybernest and the decision to take the Company into the mobile sector later this year. The Company wishes to record its appreciation and thanks to Mr September for his leadership and valuable contribution over all these years.

A successor to Mr September will be announced in due course.

Johannesburg

4 June 2010

Sponsor: UBS