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Correction announcement: Director's dealings in Telkom securities

Telkom shareholders are referred to a director's dealings announcement released by Telkom at 07:05 on Friday, 12 July and are advised that the number of shares and the transaction value in the aforementioned announcement were incorrect and have thus been corrected as follows:

In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of JSE Limited, the following information is disclosed.

Name: Sipho N Maseko
Designation: Group Chief Executive Officer - Executive Director
Date of transaction: 11 July 2013
Number of shares: 52, 520
Average Price per share: 1904 cents
Highest price per share: 1905 cents
Lowest price per share: 1903 cents
Nature of Transaction: Purchase
Class of securities: Ordinary shares
Value of transaction: R 999 980.80
Nature of Interest: Direct Beneficial

Clearance has been obtained in respect of this dealing in securities on the open market.

Johannesburg

12 July 2013

Sponsor to Telkom:
The Standard Bank of South Africa Limited