Allocation of Vodacom Siyanda Employee Trust units Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005461/06) (ISIN: ZAE000132577 Share code: VOD) (ISIN: US92858D2009 ADR code: VDMCY) ("Vodacom Group" or “the company”) Allocation of Vodacom Siyanda Employee Trust units In accordance with paragraph 3.64 of the JSE Listings Requirements, shareholders are advised that the following executive director and company secretary of Vodacom Group and directors of a major subsidiary were awarded units in terms of the Vodacom Siyanda Employee Trust, the salient details of which are set out below. The Vodacom Siyanda Employee Trust holds 20% of YeboYethu (RF) Limited, which in turn holds 6.25% of Vodacom Group. Vodacom contributed R1 050 billion to the Siyanda Employee Trust formed for the benefit of eligible employees, which the Vodacom Siyanda Employee Trust used to subscribe for and / or acquire shares in YeboYethu (RF) Limited. Each unit ranks at the same rate to a YeboYethu (RF) Limited share. Name of executive director: MS Aziz Joosub Designation: Chief Executive Officer Number of units awarded: 35 604 Vodacom Siyanda Employee Trust units Price at which units were awarded: R20.50 Value: R729 882.00 Date of allocation: 25 March 2019 Vesting period: 34% in 6th year, 33% in 7th year and 33% in 8th year from award date Nature of transaction: Direct beneficial Clearance: Yes 1 Name of company secretary: SF Linford Designation: Group Company Secretary Number of units awarded: 2 131 Vodacom Siyanda Employee Trust units Price at which units were awarded: R20.50 Value: R43 685.50 Date of allocation: 25 March 2019 Vesting period: 34% in 6th year, 33% in 7th year and 33% in 8th year from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary N Bhettay Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Strategy and business development Number of units awarded: 15 480 Vodacom Siyanda Employee Trust units Price at which units were awarded: R20.50 Value: R317 340.00 Date of allocation: 25 March 2019 Vesting period: 34% in 6th year 33% in 7th year and 33% in 8th year from award date Nature of transaction: Direct beneficial Clearance: Yes 2 Name of director of major subsidiary S Mdlalose Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Finance Number of units awarded: 2 794 Vodacom Siyanda Employee Trust units Price at which units were awarded: R20.50 Value: R57 277.00 Date of allocation: 25 March 2019 Vesting period: 34% in 6th year, 33% in 7th year and 33% in 8th year from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary T Netshitenzhe Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Corporate Affairs Number of units awarded: 12 384 Vodacom Siyanda Employee Trust units Price at which units were awarded: R20.50 Value: R253 872.00 Date of allocation: 25 March 2019 Vesting period: 34% in 6th year, 33% in 7th year and 33% in 8th year from award date Nature of transaction: Direct beneficial Clearance: Yes All shares acquired for purposes of the above unit allocation were acquired on market. Midrand 28 March 2019 Sponsor: UBS South Africa (Pty) Limited 3 Date: 28/03/2019 03:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.