Enhanced Investments - Financial Portal

Renewal of cautionary announcement in relation to MTN Group Limited

Published: 2022-10-04 10:32:42 ET

Telkom SA SOC Limited
 Registration number 1991/005476/30)
 JSE share code: TKG
 JSE bond code: BITEL
 ISIN: ZAE000044897

 ("Telkom" or “the Group”)


 Renewal of cautionary announcement in relation to MTN Group Limited ("MTN")

 Shareholders are referred to the cautionary announcements issued by Telkom, with the latest being 22 August
 2022, in relation to discussions between Telkom and MTN regarding MTN acquiring the entire issued share capital
 of Telkom in return for shares or a combination of cash and shares in MTN (the "MTN Proposal"). The MTN
 Proposal is still under consideration by both parties.

 The MTN Proposal, if concluded, may have a material effect on the price of the Company’s securities. Accordingly,
 shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a further
 announcement is made.

 The Telkom board of directors accepts responsibility for the information contained in this announcement and, to
 the best of their knowledge and belief, such information is true and this announcement does not omit anything
 likely to affect the importance of such information included.



 Centurion

 04 October 2022

 Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.