An ADR is a negotiable U.S. certificate representing ownership of shares in a non-U.S. corporation. ADRs are quoted and traded in U.S. dollars in the U.S. securities market. Dividend payments (if declared by the Board of Directors) are also paid in U.S. dollars. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by U.S. investors and to provide a corporate finance vehicle for non-U.S. companies.

U.S. investors generally prefer to purchase ADRs rather than ordinary shares in the issuer's home market because ADRs trade, clear and settle according to U.S. market conventions. One of the main advantages is the facilitation of diversification into foreign securities. ADRs allow easy comparison to securities of similar companies, as well as access to price and trading information. ADR holders also appreciate U.S. dollar dividend payments (if declared) and receiving corporate action notifications.

For dividend and corporate action information, please visit:

Please search the name Vodacom and then select the Corporate Actions tab.  Alternatively, you may contact Deutsche Bank Trust Company Americas Shareholder Services at the following toll-free number: +1 (800) 937 5449 or Direct Dial: +1 (718) 921-8124

Dividends, when declared by Vodacom’s Board of Directors, are generally payable to ADR holders in U.S. dollars seven to ten days after dividend payments are paid on Vodacom’s ordinary shares, to accommodate the payment process established by the company and the depositary.

Vodacom ADRs are traded on the U.S. over-the-counter (OTC) markets:

A registered holder is one whose name appears on the books of the depositary bank, as registrar; the registered holder is considered the owner of record. A beneficial holder is one whose holdings are held in another name, such as a broker, bank or nominee.