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Sale of Tiscali Cellular Division signed

Johannesburg, 19 Oct 2004

Tiscali South Africa has reached an agreement in the sale of its cellular business to Vodacom Service Provider Company Pty Ltd. Further to earlier announcements of the agreed sale of Tiscali SA, the cellular division has been sold as a separate business.

The transaction is subject to final approval from the competition authority.

The company believes that Vodacom Service Provider Company is a logical home for its cellular business, and one that will ensure continued delivery of a high level of service and support to the existing cellular customer base.

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