DATATEC LIMITED - Dealing in securities by the company secretary

Dealing in securities by the company secretary

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

DEALING IN SECURITIES BY THE COMPANY SECRETARY

The Company Secretary of Datatec has exercised some of the Datatec
share appreciation rights (“SARs”) which he was granted in May
2009 and all the SARs he was granted in May 2010 under the terms
of the Company’s Share Appreciation Rights Scheme 2005 (“SAR
Scheme”).

In compliance with the Listings Requirements of the JSE Limited
(“JSE”), the following information is disclosed:

Company Secretary            :    S P Morris
Company                      :    Datatec Limited

Nature of transaction        :    Off market exercise of Datatec
SARs
Class of security            :    2009 SARs
Date of transaction          :    8 July 2014
Number of SARs               :    30 245
Exercise price per SAR       :    R 56,10
Grant price per SAR          :    R 15,59
Share appreciation per SAR   :    R 40,51
Total share appreciation     :    R 1 225 225

Nature of transaction        :    Off market exercise of Datatec
SARs
Class of security            :    2010 SARs
Date of transaction          :    8 July 2014
Number of SARs               :    36 293
Exercise price per SAR       :    R 56,10
Grant price per SAR          :    R 34,27
Share appreciation per SAR   :    R 21,83
Total share appreciation     :    R 792 276


Nature of transaction      :      Off market settlement of Datatec
shares received in terms of the   above exercises of SARs
Class of security          :      Datatec ordinary shares
Date of transaction        :      9 July 2014
Number of Datatec shares   :      35 963
Deemed price per share     :      R 56,10
Total transaction value    :      R 2 017 524

Nature of interest           :    Direct beneficial
Clearance obtained           :    Yes
TRANSFER OF SHARES FROM TREASURY

In compliance with the AIM Rules, Datatec announces the transfer
of 47,262 Treasury Shares on 9 July 2014 from the Datatec Ltd
Share Incentive Trust 2005 (the "Trust") to settle the exercise of
share appreciation rights by participants in the SAR Scheme
including the Company Secretary as disclosed above.

Following this transfer from the Trust, there remain 105 908
Datatec shares held by the Trust, designated Treasury Shares.

Sandton
9 July 2014

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

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