DTC - Datatec Limited - Further Investment in Consulting Services
13 December 2010 9:00
DTC
DTC                                                                             
DTC - Datatec Limited - Further Investment in Consulting Services               
Datatec Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
Registration number 1994/005004/06                                              
ISIN: ZAE000017745                                                              
JSE and LSE share code: DTC                                                     
FURTHER INVESTMENT IN CONSULTING SERVICES                                       
Datatec Limited ("Datatec", JSE/AIM: DTC), the international Information and    
Communications Technology (ICT) group, announces two further investments in its 
Consulting Services division, with the allotment of 174,912 ordinary ZAR0.01    
shares at an issue price of R34.14 as consideration.                            
The investments are:                                                            
1)   The acquisition of a 30% equity stake in Cornwall Energy Associates Ltd, a 
    UK-based research and consulting business focusing on the areas of          
    electricity generation and distribution, including renewable energy, and    
smart grids (intelligent networked distribution).  This investment will     
    provide the Group with insight and early access to an industry which could  
    be fundamentally transformed by advances in technology.                     
2)   The acquisition of 11,215 further shares in Analysys Mason Limited ("AML") 
(being 0.56% of the equity of AML) from a management shareholder.  After    
    this transaction Datatec`s interest in AML will be 92.1%.                   
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 or about 14 December 2010.                                         
Enquiries:                                                                      
Datatec Limited  (www.datatec.co.za)                                            
Ivan Dittrich - Chief Financial Officer        +27 (0) 11 233 1221              
Wilna de Villiers - Group Marketing Manager    +27 (0) 11 233 1013              
                                                                                
Jefferies International Limited                                                 
Chris Snoxall                                  +44 (0) 20 7029 8000             
                                                                                
College Hill                                                                    
Adrian Duffield/Rozi Morris (UK)               +44 (0) 20 7457 2020             
Frederic Cornet (SA)                           +27 (0) 11 447 3030              
13 December 2010                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 13/12/2010 09:00:01 Produced by the JSE SENS Department.                  
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