DTC - Datatec Limited - Pre-close year end statement
10 March 2011 9:00
DTC
DTC                                                                             
DTC - Datatec Limited - Pre-close year end statement                            
DATATEC LIMITED                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
PRE-CLOSE YEAR END STATEMENT                                                    
Datatec, ("Datatec" or the "Group", JSE and LSE: DTC), the international        
Information and Communications Technology (ICT) group, is today publishing a    
year-end trading update for the financial year ended 28 February 2011.          
The Group`s profitability and earnings are now expected to be better than set   
out in the Interim Management Statement on 13 January 2011.                     
The Board expects revenues of approximately $4.3 billion, profit after tax* of  
approximately $61 million, underlying** earnings per share of approximately 37  
US cents and both earnings* and headline* earnings per share of approximately   
32 US cents.                                                                    
The Group expects to pay a dividend/capital distribution in line with its       
policy, which is to have cover of at least three times, relative to underlying  
earnings.                                                                       
As anticipated, the Group`s year end net debt/cash position has improved since  
the end of the first half of the financial year.                                
The Group expects to release its preliminary results for the year ended 28      
February 2011 on Wednesday 11 May 2011.                                         
The financial information on which this statement is based has not been         
reviewed and reported on by Datatec`s external auditors.                        
*The forecasts for profit after tax, earnings per share and headline earnings   
per share do not take into account any fair value gains or losses on            
acquisition related financial instruments (including put option liabilities),   
which are required under IFRS and are currently being assessed.                 
**Underlying earnings per share excludes goodwill and intangibles impairment,   
amortisation of intangible assets, profit or loss on sale of assets and         
businesses, fair value movements on acquisition related financial instruments   
and unrealised foreign exchange movements.                                      
Enquiries:                                                                      
Datatec Limited                                                                 
(www.datatec.co.za)                                                             
Ivan Dittrich, Chief Financial  +27 11 233 1221                                 
Officer                                                                         
Wilna de Villiers, Group        +27 11 233 1013                                 
Marketing Manager                                                               
                                                                                
Jefferies International Limited                                                 
Chris Snoxall                    +44 (0) 20 7029 8000                           

College Hill                                                                    
Adrian Duffield/Jon Davies (UK) + 44 (0) 20 7457 2020                           
Fred Cornet (SA)                +27 (0) 11 447 3030                             
Sandton                                                                         
10 March 2011                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 10/03/2011 09:00:02 Produced by the JSE SENS Department.                  
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