DTC - Datatec Limited - Dealing in securities by a director and further issue of
28 July 2010 17:00
DTC
DTC                                                                             
DTC - Datatec Limited - Dealing in securities by a director and further issue of
shares                                                                          
DATATEC LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
("Datatec" or "the Company")                                                    
DEALING IN SECURITIES BY A DIRECTOR AND FURTHER ISSUE OF SHARES                 
In compliance with the JSE Listings Requirements and the AIM Rules, the         
following information is disclosed:                                             
Director                     J P Montanana                                      
Company                      Datatec Limited                                    
Date of transaction          28 July 2010                                       
Nature of transaction        Off market exercise of Share                       
Appreciation Rights                                 
Class of security            Datatec ordinary shares                            
Number of securities         206,691                                            
Purchase price per share     ZAR 36.70                                          
Total transaction value      ZAR 7,585,547                                      
Nature of interest           Indirect beneficial                                
Clearance obtained           Yes                                                
In accordance with the rules of the Datatec Share Appreciation Rights Scheme    
2005, Mr Montanana has exercised 330,669 Share Appreciation Rights ("SARs")     
granted to him in 2005, which vested in May 2008, at a grant price of ZAR 13.76 
per share.  The exercise has been settled using Datatec shares which have been  
transferred from the Datatec Limited Share Incentive Trust 2005 ("the Trust")   
which had been holding the shares as treasury shares.                           
Following this exercise of SARs, Mr Montanana has a beneficial interest in      
13,152,626 Datatec Shares representing approximately 7.1 per cent of the total  
voting rights in the Company.                                                   
Following the transfer of shares in settlement of the SARs exercise, the number 
of Datatec shares held by the Trust as treasury shares is 608,772.              
Datatec also announces the allotment of 7,200 ordinary ZAR0.01 shares following 
the exercise of share options.  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 3 August 2010.                     
Sandown                                                                         
28 July 2010                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 28/07/2010 17:00:09 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.