Publication of B-BBEE annual compliance report and dealing in securities by a director Telkom SA SOC Limited (Registration number 1991/005476/30) JSE share code: TKG JSE Bond code: BITEL ISIN: ZAE000044897 (“Telkom” or “the company”) PUBLICATION OF B-BBEE ANNUAL COMPLIANCE REPORT AND DEALING IN SECURITIES BY A DIRECTOR Shareholders are advised that Telkom and BCX B-BBEE certification rating improved to level 2 and level 1 respectively, attributable to improved ownership, skills development and enterprise development elements compared to last year. In accordance with section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act, No. 46 of 2013, the Company’s annual compliance report is available on the Company’s website link http://www.telkom.co.za/about_us/index.shtml. DEALING 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 shareholders of the following dealings by a director. Name of director: Sipho Nkosinathi Maseko Company: Telkom SA SOC Ltd Nature of transaction: Disposal of shares Date of transaction: 8 July 2019 Number of shares: 41 500 Highest price per share: R89.80 Lowest price per share: R88.00 Volume weighted average price per share: R88.42436 Total value: R3 669 611.00 Date of transaction: 9 July 2019 Number of shares: 49 541 Highest price per share: R88.60 Lowest price per share: R86.49 Volume weighted average price per share: R86.74234 Total value: R4 297 302.09 Class of securities: Ordinary shares Nature and extent of director’s interest: Direct beneficial The above transactions were done on market. Clearance to deal was received in terms of paragraph 3.66 of the Listings Requirements. Centurion 11 July 2019 Sponsor Nedbank Corporate and Investment Banking Date: 11/07/2019 04:39:00 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.