Telkom AR front.qxp

40. DIRECTORS’ INTERESTS
Telkom Annual Report 2009 229
Notes to the consolidated annual financial statements (continued)
for the three years ended March 31, 2009
ST Arnold, RJ Huntley, E Spio-Garbrah, KST Matthews and VB Lawrence, five of Telkom’s Board members, are the South African
Government’s representatives on Telkom’s Board of directors. At March 31, 2009, the Government held 39.76% (2008: 39.42%; 2007:
38.83%) of Telkom’s shares.
B Molefe is a Public Investment Corporation (PIC) representative on Telkom’s Board of directors. As at March 31, 2009 the PIC held
15.63% (2008: 15.23%, 2007: 15.27%) of Telkom’s shares.
Beneficial Non-beneficial
Direct Indirect Direct Indirect
Directors’ shareholding (Number of shares)
2009
Executive
RJ September 90,815 1,820 – –
PG Nelson 19,182 –
Total 109,997 1,820 – –
Non-executive
PG Joubert – 15,000 – –
D Barber – 1,200 – –
– 16,200 – –
2008
Executive
RJ September 7,155 – – –
Total 7,155 – – –
Non-executive
At March 31, 2008 there were no non-executive directors’ shareholdings.
2007
Non-executive
TF Mosololi 455 – – –
Total 455 – – –
The directors’ shareholding changed between the balance sheet date and the date of issue of the financial statements and this has been
reflected in the above information.
2007 2008 2009
Rm Rm Rm
Directors’ emoluments 7 36 20
Executive
For services as directors
Non-executive
4 31 15
For services as directors 3 5 5