DATATEC LIMITED - Further Issue Of Shares

Further Issue Of Shares

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

FURTHER ISSUE OF SHARES

Datatec Limited, (JSE/AIM: DTC, "Datatec" or “the Group”), the
international Information and Communications Technology (ICT)
group, announces the allotment of 2,500,000 ordinary ZAR 0.01
shares by way of a placing to raise approximately €9.9m ($12.8m)
of the consideration for the acquisition of the European
subsidiaries of 2e2 by Logicalis Group Limited announced on 4
March 2013.

Application has been made to the London Stock Exchange for the
admission of these shares to the Alternative Investment Market,
and to the JSE Limited for the listing of these shares. Listing
on both exchanges is expected to become effective on 15 March
2013.

Following this listing, Datatec will have an issued share capital
of 195,001,392 ordinary ZAR0.01 shares of which 14,274 are
Treasury Shares held by the Datatec Share Incentive Trust 2005.

Enquiries:

Datatec                 Limited
(www.datatec.co.za)
Jens Montanana, Chief Executive      +44 (0) 1753 797118
Officer
Rob Evans – Chief Financial          +27 (0) 11 233 1221
Officer
Wilna   de   Villiers –   Group      +27 (0) 11 233 1013
Marketing Manager

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


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

College Hill
Adrian Duffield/Rozi Morris (UK)     +44 (0) 20 7457 2020
Frederic Cornet/Lexi Ball (SA)       +27 (0) 11 447 3030

Sandton
13 March 2013

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

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