Telkom SA Limited - Resignation of Director
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN ZAE000044897
JSE and NYSE Share Code TKG
(`Telkom`)
Telkom SA Limited: Resignation of Director
Telkom has been informed that as of June 28, 2005, the Public Investment
Corporation (`PIC`) has retained 8.4% of the 15.1% of Telkom`s issued ordinary
shares and the class B share that it acquired from Thintana Communications LLC.
In terms of the articles of association, the PIC has the right to appoint only
one director to the Telkom Board based on the PIC`s current shareholding
relating to the Class B share. Therefore, Telkom announces the resignation of Ms
Albertina Ngwezi, who was one of the two PIC appointed directors, as a director
with immediate effect.
Johannesburg
5 July 2005
Date: 05/07/2005 05:15:01 PM
Produced by the JSE SENS Department
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