DTC - Datatec Limited - Further Announcement regarding Promon-Logicalis Latin
18 August 2011 8:00
DTC
DTC                                                                             
DTC - Datatec Limited - Further Announcement regarding Promon-Logicalis Latin   
America                                                                         
Datatec Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
FURTHER ANNOUNCEMENT REGARDING PROMON-LOGICALIS LATIN AMERICA                   
On 11 August 2011, Datatec Limited, "Datatec" or the "Group", (JSE and AIM:     
DTC), the international Information and Communications Technology (ICT) group,  
announced on SENS that its subsidiary Logicalis Group and its partner in Latin  
America, Promon SA ("Promon") had agreed some changes to the ownership structure
of their subsidiary Promon Logicalis Latin America Limited ("PLLAL"), the       
regional holding company which represents the business of Logicalis in Latin    
America ("the Transaction").                                                    
In this regard, shareholders are further advised that BDO Corporate Finance     
(Pty) Ltd who was appointed and approved by the JSE as the independent          
professional expert to provide a fairness opinion, has confirmed that the       
Transaction is fair and their fairness opinion is available for inspection at   
Datatec`s registered office until 30 September 2011.                            
Enquiries:                                                                      
Datatec Limited  (www.datatec.co.za)                                            
Ivan Dittrich - Chief Financial       +27 (0) 11 233 1221                       
Officer                                                                         
Wilna de Villiers - Group Marketing   +27 (0) 11 233 1013                       
Manager                                                                         
                                                                                
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                       
Sandton                                                                         
18 August 2011                                                                  
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 18/08/2011 08:00:04 Produced by the JSE SENS Department.                  
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