Telkom - Telkom SA Limited change in shareholder
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN: ZAE000044897
JSE and NYSE Share Code TKG
(`Telkom`)
Telkom SA Limited change in shareholder
Further to the Telkom announcement on 9 November 2004, Telkom was yesterday
informed by the Public Investment Commissioner (`PIC`) that it has acquired the
remaining 15.1% interest held by Thintana Communications LLC in Telkom.
Johannesburg
17 November 2004
Special note regarding forward-looking statements
All statements contained herein, as well as oral statements that may be made by
us or by officers, directors or employees acting on behalf of the Telkom Group,
that are not statements of historical fact constitute `forward-looking
statements` within the meaning of the US
Private Securities Litigation Reform Act of 1995, specifically Section 21E of
the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking
statements involve known and unknown risks, uncertainties and other factors that
could cause our actual results to be materially different from historical
results or from any future results expressed or implied by such forward-looking
statements. Among the factors that could cause our actual results or outcomes to
differ materially from our expectations are those risks identified under the
caption `Risk Factors` contained in item 3 of Telkom`s most recent annual report
on Form 20-F filed with the U.S. Securities Exchange Commission (SEC) and our
other filings with the SEC, available on Telkom`s website at
www.telkom.co.za/ir, including, but not limited
to, increased competition in the South African fixed-line and mobile
communications markets; developments in the regulatory environment; Telkom`s
ability to reduce expenditure, customer non-payments, theft and bad debt, the
outcome of arbitration or litigation proceedings with Telcordia Technologies
Incorporated and others; general economic, political, social and legal
conditions in South Africa and in other countries where Vodacom invests;
fluctuations in the value of the Rand and inflation rates, our ability to retain
key personnel; and other matters not yet known to us or not currently considered
material by us. You should not place undue reliance on these forward-looking
statements. All written and oral forward-looking statements, attributable to us,
or persons acting on our behalf, are qualified in their entirety by these
cautionary statements. Moreover, unless we are required by law to update these
statements, we will not necessarily update any of these statements after the
date hereof either to conform them to actual results or to changes in our
expectations.
Date: 17/11/2004 11:05:04 AM
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