In accordance with paragraph 4.25 of the JSE Debt Listings Requirements, noteholders are advised that S&P has lowered its long-term corporate credit rating on Telkom S A SOC Limited to 'BBB-' from 'BBB'. The outlook is stable.
For further information contact:
Lizette Lamb (Telkom SA SOC Limited)
Tel: +27 12 311 5351
05 December 2012
Rating Agency: Standard & Poor's Ratings Services ("S&P")
Sponsor to Telkom:
UBS South Africa (Pty) Ltd