DTC 201806050007A
New Westcon Europe banking facilities

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
(“Datatec” or “the Group”)

NEW WESTCON EUROPE BANKING FACILITIES

Datatec, the international Information and Communications Technology (ICT) company,
announces the successful renewal of banking facilities for Westcon Europe.

In the Group’s FY18 Results Announcement on 17 May 2018, it was noted that the syndicated
banking facility for Westcon Europe would expire in July 2018 and that the Group was in an
advanced stage of negotiation of a replacement facility.

Datatec confirms that the replacement facility of $280 million has now been agreed with existing
and new banks in a syndicate led by HSBC.

The new committed facility will expire on 4 June 2020 and is considered adequate for Westcon
Europe’s current working capital needs. The facility will bear interest at 2.95% above the USD,
Euro or Sterling base rate and contains certain affirmative and negative covenants. Advances
under this arrangement are available up to 75% of the eligible accounts receivable.


Johannesburg
5 June 2018

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

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