financial statements

		chief financial officer’s report
		directors’ responsibility for the financial statements
		declaration by company secretary
		independent auditors’ report
		directors’ report
		group balance sheet
		group income statement
		group statement of changes in equity
		group cash flow statement
		notes to the group annual financial statements
		company balance sheet
		company income statement
		company statement of changes in equity
		company statement of changes in equity
		company statement of changes in equity
		company cash flow statement
		notes to the company annual financial statements
		annexure 1

declaration by company secretary

In terms of section 268G(d) of the South African Companies Act, 1973, as amended (Act), I certify that Blue Label Telecoms Limited has lodged with the Registrar of Companies all such returns as are required of a public company in terms of the Act. Further, that such returns are true, correct and up to date.

E Viljoen

E Viljoen
Company secretary

Sandton
25 August 2008