Telkom AR front.qxp

40. DIRECTORS’ INTEREST (continued)
Directors’ emoluments (continued)
Performance Fringe and
Telkom Annual Report 2009 231
Notes to the consolidated annual financial statements (continued)
for the three years ended March 31, 2009
Fees Remuneration bonus other benefits Total
R R R R R
2007
Emoluments per director:
Non-executive 2,641,168 – – – 2,641,168
NE Mtshotshisa 463,050 – – – 463,050
ST Arnold 353,719 – – – 353,719
TCP Chikane 32,670 – – – 32,670
B du Plessis 213,367 – – – 213,367
PSC Luthuli 205,417 – – – 205,417
TD Mahloele 166,667 – – – 166,667
KST Matthews 109,643 – – – 109,643
TF Mosololi 214,417 – – – 214,417
M Mostert 232,417 – – – 232,417
DD Tabata 175,367 – – – 175,367
YR Tenza 321,767 – – – 321,767
PL Zim 152,667 – – – 152,667
Executive – 2,272,785 – 1,653,202 3,925,987
LRR Molotsane* – 2,272,785 – 1,653,202 3,925,987
Total emoluments – paid by Telkom 2,641,168 2,272,785 – 1,653,202 6,567,155
*Included in fringe and other benefits is a pension contribution for LRR Molotsane of RNil (2008: R4,690; 2007: R295,462), RJ September of R462,254
(2008: R280,261; 2007: RNil) and PG Nelson of R125,765 (2008: RNil; 2007: RNil) at March 31, 2009 paid to the Telkom Retirement Fund.
** Foreign directors.
*** In the absence of an internal corporate finance division, and pending the structuring and staffing thereof, the Telkom Board resolved that it was in the
best interest of the Company and shareholders to deploy the highest quality skills currently resident in Telkom, to evaluate, structure and make
recommendations to the Board on major transactions. During 2008, Dr Mostert led all efforts in this regard and was remunerated accordingly. Moreover,
in compliance with the principles of good governance, the Board took legal advice and established that there was no conflict of interest arising out of
this involvement in the transaction evaluated.