DATATEC LIMITED - Dealing in securities by the company secretary
22 July 2013 17:00
DTC 201307220053A
Dealing in securities by the company secretary

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 THE COMPANY SECRETARY

The Company Secretary of Datatec has exercised some of the Datatec
share appreciation rights (“SARs”) which he was granted in May
2009 under the terms of the Company’s Share Appreciation Rights
Scheme 2005 (“SAR Scheme”), as announced on 18 May 2009.

In compliance with the Listings Requirements of the JSE Limited
(“JSE”), the following information is disclosed:

Company Secretary          :   S P Morris
Company                    :   Datatec Limited
Nature of transaction      :   Off market exercise of Datatec SARs
Class of security          :   2009 SARs
Date of transaction        :   18 July 2013
Number of SARs             :   30 245
Exercise price per SAR     :   R 58,69
Grant price per SAR        :   R 15,59
Share appreciation per     :   R 43,10
SAR
Total share appreciation   :   R 1 303 559,50

Nature of transaction      :   Off market settlement of Datatec
                               shares received in terms of the above
                               exercise of SARs
Class of security          :   Datatec ordinary shares
Date of transaction        :   22 July 2013
Number of Datatec shares   :   22 211
Deemed price per share     :   R 58,69
Total transaction value    :   R 1 303 563,59
Nature of interest         :   Direct beneficial
Clearance obtained         :   Yes

TRANSFER OF SHARES FROM TREASURY

In compliance with the AIM Rules, Datatec announces the transfer
of 29,151 Treasury Shares on 22 July 2013 from the Datatec Ltd
Share Incentive Trust 2005 (the "Trust") to settle the exercise of
share appreciation rights by participants in the SAR Scheme
including the Company Secretary as disclosed above.

Following this transfer from the Trust, Datatec will have an
issued share capital of 196 531 984 ordinary ZAR0.01 shares of
which 209 315 are Treasury Shares held by the Trust.

Sandton
22 July 2013

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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