JSE TKGDWHTKGDWW
DEUT
Telkom SA Limited - Waves Notice
Telkom SA Limited
(Incorporated in the Republic of South Africa)
(Registration number 1991/005476/06)
Share code: TKG & ISIN: ZAE000044897
("Telkom")
TELKOM SA LTD WAVES NOTICE
Holders of the WAVEs below are referred to the notice to shareholders of Telkom
SA Ltd, regarding the payment of a special dividend.
Deutsche Bank AG will make the following adjustments to the terms and conditions
of the WAVEs below:
WAVES
Code ISIN Code Type Expiry Previous Adjusted Previous Adjusted
Strike Strike Cover Cover
Price Price Ratio Ratio
TKGDWH ZAE000075297 EC 27/10/06 120.00 116.2202 10 9.685015
TKGDWW ZAE000081105 EP 22/02/07 160.00 154.9602 40 38.74006
The above adjustments will be made from the start of trading on 3 July 2006.
The effects of the adjustments will place the holders in the same position, had
the corporate action not taken place.
For further information contact Deutsche Securities (Pty) Limited, 3 Exchange
Square, 87 Maude Street, Sandton: (Farhan Qureshi - Tel (011) 775-7824 or e-mail
farhan.qureshi@db.com)
Date: 03/07/2006 09:50:57 AM Produced by the JSE SENS Department
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