CWU strike at Vodacom

Issued by Vodacom

Johannesburg, 06 Jul 2007

Vodacom can confirm that out of its 4 302 employees, fewer than 3% participated in the strike, which commenced on 2 July 2007.

Vodacom was compelled to seek an urgent interdict from the Labour Court of South Africa today against the striking members of the CWU, for its blocking of the entrance to Vodaworld in Midrand, which was in clear breach of the agreed upon picketing rules.

The interdict restrains the CWU striking Vodacom employees from entering or being on Vodacom's premises - and from interfering with or obstructing access to Vodacom's premises in any way.

Vodacom will continue to exercise its right to lock-out Vodacom employees who are members of the Union, and who are participating in the strike in order to compel such members to adhere to the terms of the 1999 Collective Agreement on organisational rights.

It must again be noted that the working conditions* of the staff at Vodacom are acknowledged as some of the best in South Africa.

Summary of some employee benefits

1. Remuneration and benefits * Minimum wage of R90 000 per annum Company contributions to Pension Fund Medical Aid - choice of two schemes .Annual salary review and remuneration progression process to ensure that salaries are in relation to the economic environment .Maternity six months' paid leave

2. Pension fund * Death benefits: spouse/beneficiary receives lump sum together with monthly pension * Disability benefits: lump sum as well as monthly income 3. Employees have access to a micro housing loan scheme, which is guaranteed by the Pension Fund to provide staff the ability to purchase their own home 4. Variable remuneration - short term incentives * Profit-based performance incentive which recognises exceptional performance * Customer care bonus scheme which recognises exceptional performance Variable remuneration - long-term incentives * Phantom Share Option Scheme available to all permanent employees to create ownership and recognise loyalty

5. All employees and their family members have free access to Netcare 911 emergency services

6. All permanent employees receive a discounted cellphone benefit

7. All permanent Vodacom staff members have access to an insurance scheme which provides them with cost-effective short-term insurance

8. Vodacom Employees receive numerous well-being benefits, including onsite therapeutic treatments, personal grooming and ad hoc services.

9. ICAS confidential 24-hour personal support and counselling service to assist employees and their families with everyday situations and more serious concerns.

10. Vodacom bears the full cost of Direct Aids intervention

11. Vodacom offers an aesthetically beautiful, comfortable and caring working environment

12. Vodacom offers training and development programmes to develop staff to their full potential

13. Vodacom has an internal bursary scheme to provide financial assistance to permanent employees to further their education, called the Yebo Bursary scheme

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