DATATEC LIMITED - Acquisition of majority interest in German Software Developer

Acquisition of majority interest in German Software Developer

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

ACQUISITION OF MAJORITY INTEREST IN GERMAN SOFTWARE DEVELOPER

Datatec Limited ("Datatec" or the "Group") announces that Logicalis Group ("Logicalis"), has
acquired a 51% shareholding in ituma GmbH ("ituma"), a speciality software developer
based in Germany.

Logicalis will have exclusive rights to ituma's proprietary software based Wi-Fi platform. The
technology enables businesses to deliver Wi-Fi enabled-services such as 3D in-location
navigation, product and service offerings access, product promotions and omni-channel
retail ordering to their customers.

Established as a start-up company in 2010, ituma has highly specialised skills and a unique
offering. The acquisition presents a significant opportunity for Logicalis to grow ituma's
licence revenues exponentially and increase infrastructure revenues globally through its
own sales organisation.

Jens Montanana, Datatec's Chief Executive Officer commented:

"Wi-Fi enabled-services is an exciting segment of the growing global wireless data market.
Our investment in ituma provides Logicalis with access to a new complementary solution
that has the potential to support increases in annuity, services and infrastructure revenues
across multiple territories in which Logicalis operates."

Enquiries:
Datatec Limited (www.datatec.co.za)
Jens Montanana - Chief Executive Officer                   +44 (0) 1753 797118
Jurgens Myburgh - Chief Financial Officer                   +27 (0) 11 233 3301
Wilna de Villiers - Group Marketing Manager                 +27 (0) 11 233 1013

Jefferies International Limited – Nominated Adviser and Broker
Nick Adams/Alex Collins                                 +44 (0) 20 7029 8000

finnCap - Broker
Tom Jenkins / Henrik Persson                               +44 (0) 20 7220 0500

Instinctif Partners
Frederic Cornet (SA)                                        +27 (0) 11 447 3030
Adrian Duffield (UK)                                       +44 (0) 20 7457 2020

Sandton
2 September 2014
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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