DTC - Datatec Limited - Acquisition New Zealand Distributor

DTC - Datatec Limited - Acquisition New Zealand Distributor                     
Datatec Limited                                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1994/005004/06)                                           
ISIN: ZAE000017745                                                              
Share Code: DTC                                                                 
ACQUISITION OF NEW ZEALAND DISTRIBUTOR                                          
Datatec ("Datatec" or the "Group", JSE and LSE: DTC), the international         
Information and Communications Technology (ICT) group, is pleased to announce   
the acquisition of Datastor (NZ) Limited ("Datastor"), a New Zealand ICT        
distribution business.                                                          
The acquisition provides Datatec`s subsidiary Westcon Group with the opportunity
to add an additional operation in New Zealand to help consolidate its existing  
business and create a market leading position that is complementary to Westcon  
Group`s Asia Pacific distribution business.  The cash consideration has been    
funded from Westcon Group`s resources.                                          
Datastor is a value-added distributor focusing on technology enablement and     
distribution of storage and virtualisation products, solutions and services.    
Datastor has alliances with more than 20 global technology vendors including    
VMware, EMC, Seagate, APC, IBM and Juniper. The investment will also provide    
Westcon Group with a platform to extend existing global and regional vendor     
relationships through an increased customer footprint and market presence.  For 
the year ending 31 March 2010 Datastor has budgeted revenues of NZ$ 96 million  
(approximately US$ 69 million).                                                 
Jens Montanana, CEO of Datatec commented:                                       
"The Asia Pacific market has been the source of significant growth for Datatec  
over the past decade. This acquisition allows Westcon Group to extend its reach 
in the region and to service vendor demand by providing consolidated            
distribution channels and cross border transactional capability for partners in 
Asia Pacific."                                                                  
Dave Rosenberg, CEO of Datastor commented:                                      
"Westcon Group`s global reputation is very well regarded in the region and we   
are confident that this transaction will result in substantially increased      
support and solutions availability for Datastor`s customer base. Access to      
Westcon`s global best practices in value added distribution gives Datastor      
greater ability to grow our market share and to make alliances with new         
technology vendors."                                                            
Sandton                                                                         
01 October 2009                                                                 
Enquiries:                                                                      
Datatec Limited  (www.datatec.co.za)                                            
Ivan Dittrich - Group Finance          +27 11 233 1221                          
Director                                                                        
Wilna de Villiers - Group Marketing    +27 11 233 1013                          
Manager                                                                         
Jefferies International Limited                                                 
Chris Snoxall / Rupert Mitchell        +44 (0) 20 7029 8000                     
College Hill                                                                    
Adrian Duffield/Jon Davies (UK)        +44 (0) 20 7457 2020                     
Fred Cornet / Hayley Crane (SA)        +27 (0) 11 447 3030                      
Date: 01/10/2009 09:01:00 Supplied by www.sharenet.co.za                     
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