Sharenet Sites 
Sharenet Sites
DTC - Datatec Limited - Pre-close year end statement DATATEC LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC PRE-CLOSE YEAR END STATEMENT Datatec, ("Datatec" or the "Group", JSE and LSE: DTC), the international Information and Communications Technology (ICT) group, is today publishing a year-end trading update for the financial year ended 28 February 2011. The Group`s profitability and earnings are now expected to be better than set out in the Interim Management Statement on 13 January 2011. The Board expects revenues of approximately $4.3 billion, profit after tax* of approximately $61 million, underlying** earnings per share of approximately 37 US cents and both earnings* and headline* earnings per share of approximately 32 US cents. The Group expects to pay a dividend/capital distribution in line with its policy, which is to have cover of at least three times, relative to underlying earnings. As anticipated, the Group`s year end net debt/cash position has improved since the end of the first half of the financial year. The Group expects to release its preliminary results for the year ended 28 February 2011 on Wednesday 11 May 2011. The financial information on which this statement is based has not been reviewed and reported on by Datatec`s external auditors. *The forecasts for profit after tax, earnings per share and headline earnings per share do not take into account any fair value gains or losses on acquisition related financial instruments (including put option liabilities), which are required under IFRS and are currently being assessed. **Underlying earnings per share excludes goodwill and intangibles impairment, amortisation of intangible assets, profit or loss on sale of assets and businesses, fair value movements on acquisition related financial instruments and unrealised foreign exchange movements. Enquiries: Datatec Limited (www.datatec.co.za) Ivan Dittrich, Chief Financial +27 11 233 1221 Officer Wilna de Villiers, Group +27 11 233 1013 Marketing Manager Jefferies International Limited Chris Snoxall +44 (0) 20 7029 8000
College Hill Adrian Duffield/Jon Davies (UK) + 44 (0) 20 7457 2020 Fred Cornet (SA) +27 (0) 11 447 3030 Sandton 10 March 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 10/03/2011 09:00:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
