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Dealings in securities by a Director

In compliance with section 3.63 to 3.65 of the Listings Requirements of the JSE Limited ("Listings Requirements"), we hereby advise of the following transactions by directors in the company's securities:

Name of director: Deon Jeftha Fredericks
Company: Telkom
Date of transaction: (1) 11 September 2015
(2) 14 September 2015
Nature of Transaction: Purchase of shares
Number of shares: (1) 1,750
(2) 2,890
Average purchase price: (1) 6486.00 cents per share
(2) 6351.00 cents per share
Highest price: (1) 6678.00 cents per share
Lowest price: (1) 6200.00 cents per share
Total value: (1) R113 505.00
(2) R183 543.90
Class of securities: Ordinary shares
Nature and extent of director's interest: Direct Beneficial

The above transaction was done on market. Clearance to deal was received in terms of paragraph 3.66 of the Listings Requirements.


16 September 2015

The Standard Bank of South Africa Limited