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Telkom SA Limited (TKG) Departure of Acting Group CEO

The Board of Telkom confirms that Mr Jeffrey Hedberg has indicated his desire not to extend his contract as Acting Group Chief Executive Officer beyond the current termination date of 31 March 2011.

Mr Hedberg has committed to working with all Telkom stakeholders and the Telkom team until the expiry of his contract.

Pretoria
14 January 2011
Sponsor: UBS