Telkom CEO Papi Molotsane leaves after 18 Months

5 April, 2007

Telkom CEO Papi Molotsane has left the company after just 18 months. In a Stock Exchange News Service (SENS) announcement today Telkom said Molotsane would leave the company with immediate effect. The announcement gave no idication of wether Molotsane had been fired or had elected to resign. "Telkom wishes to announce that Mr. LRR (Papi) Molotsane, the Chief Executive Officer, has left it`s employ with effect from 5 April 2007.

The company wishes to thank Mr Molotsane for the services he rendered in the last eighteen months and wish him well in his future endeavors."Chief operating officer Reuben September has been appointed as the acting chief executive officer. Molotsane is the third senior executive to leave Telkom in the past month, following Wally Beelders (sales and marketing) and chief technical officer Thami Msimango

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Reuben September is in Charge

Reuben September was appointed chief operating officer in September 2005. Prior to this appointment, he served as chief technical officer from May 2002 and as managing executive of technology and network services from March 2000. He has worked in various engineering and commercial positions in Telkom since 1977. He is a member of the Professional Institute of Engineers of South Africa (ECSA) and holds a Bachelor of Science degree in Electrical and Electronic Engineering from the University of Cape Town. Mr September is also a director of Vodacom

from the Telkom Website