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Thu 14 Jun 2007, 9:44 TKGIHB - Investec Warrants - Declared ordinary and
JSE   TKGIHB
 INVS                                                                            
    TKGIHB - Investec Warrants - Declared ordinary and special dividend         
                                 announcement on Telkom SA Limited hot          
                                 enhanced dividend securities                   
INVESTEC WARRANTS                                                           
    JSE SHARE CODE: TKGIHB                                                      
    JSE ISIN CODE: ZAE000092292                                                 
                                                                                
DECLARED ORDINARY AND SPECIAL DIVIDEND ANNOUNCEMENT ON TELKOM SA LIMITED    
    HOT ENHANCED DIVIDEND SECURITIES - ("TKGIHB")                               
                                                                                
    With reference to the dividend announcement, the Directors of Telkom SA     
Limited have declared an ordinary dividend of 600 cents per ordinary share  
    and a special dividend of 500 cents per ordinary share payable on Monday, 9 
    July 2007, to ordinary shareholders recorded in the books of the company at 
    the close of business on Friday, 6 July 2007.                               

    Accordingly, the warrant holders of the Hot Enhanced Dividend Securities,   
    TKGIHB, will receive a Telkom SA Limited ordinary dividend of 600 cents per 
    ordinary share and a special dividend of 500 cents per ordinary share       
payable simultaneously on Monday, 9 July 2007, in terms of the Cession      
    clause incorporated in the Supplement between the holders and Investec Bank 
    Limited.  The last day to trade ("cum" the ordinary dividend and special    
    dividend) in order to participate in the ordinary dividend and special      
dividend will be Friday, 29 June 2007.                                      
                                                                                
    TKGIHB Hot Enhanced Dividend Securities will commence trading "ex" the      
    ordinary dividend and special dividend from the commencement of business on 
Monday, 2 July 2007 and the record date will be Friday, 6 July 2007.        
                                                                                
    Copies of the offering circular may be obtained from:                       
    Investec Bank Limited                                                       
100 Grayston Drive                                                          
    Sandown                                                                     
    Sandton                                                                     
    2196                                                                        

    For further information contact:                                            
    Investec Warrants                                                           
    Tel.: 0860 103 343                                                          
E-mail: warrants@investec.co.za                                             
    Internet: www.investecwarrants.com                                          
                                                                                
    Sponsor                                                                     
Investec Securities Limited                                                 
    Member of the JSE                                                           
    Registration number. 1972/008905/06)                                        
Date: 14/06/2007 09:44:04 Produced by the JSE SENS Department.
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