(The following statement was released by the rating agency)

Dec 04 -

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Ratings -- Telkom S.A. Ltd. --------------------------------------- 04-Dec-2012

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CREDIT RATING: BBB-/Stable/-- Country: South Africa

Primary SIC: Communications

services, nec

Mult. CUSIP6: 879603

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Credit Rating History:

Local currency Foreign currency

04-Dec-2012 BBB-/-- BBB-/--

18-Jun-2008 BBB/-- BBB/--

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Issues:

Rating Rating Date

ZAR3.28 bil var rate term ln bank ln due

12/17/2013 BBB- 04-Dec-2012

(Bangalore Ratings Team, Hotline: +91 80 4135 5898, Bhanu.priya@thomsonreuters.com, Group id: BangaloreRatings@thomsonreuters.com, Reuters Messaging: Bhanu.Priya.reuters.com@reuters.net)

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