DTC - Datatec Limited - Completion of NetStar acquisition and issue of shares
18 January 2010 9:00
DTC
DTC                                                                             
DTC - Datatec Limited - Completion of NetStar acquisition and issue of shares   
Datatec Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
Completion of NetStar acquisition and issue of shares                           
18 January 2010                                                                 
Datatec, ("Datatec" or the "Group", JSE and LSE: DTC), the international        
Information and Communications Technology (ICT) group, announces that the       
acquisition of NetStar Group Holding Limited ("NetStar"), announced on 8        
December, completed on 15 January 2010.                                         
The consideration for the acquisition of NetStar will be settled by the         
allotment of 5,454,080 new ordinary ZAR0.01 shares as approved by shareholders  
at the general meeting held on 23 December 2009. Application has been made to   
the London Stock Exchange for the admission of these shares to the Alternative  
Investment Market, and to the JSE Limited for the listing of these shares.      
Listing on both exchanges is expected to become effective on 21 January 2010.   
ENDS                                                                            
Enquiries:                                                                      
Datatec Limited  (www.datatec.co.za)                                            
Ivan Dittrich - Chief Financial Officer                     +27 11 233 1221     
                                                                                
Jefferies International Limited                                                 
Chris Snoxall / Rupert Mitchell                        +44 (0) 20 7029 8000     
                                                                                
College Hill                                                                    
Adrian Duffield/Jon Davies (UK)                      +  44 (0) 20 7457 2020     
Fred Cornet / Hayley Crane (SA)                         +27 (0) 11 447 3030     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Limited)                            
Date: 18/01/2010 09:00:04 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.