DATATEC LIMITED - Completion of acquisition of US-based Advanced Technology Integration Group and further issue of shares

Completion of acquisition of US-based Advanced Technology Integration Group and further issue of shares

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


Datatec Limited

Completion of acquisition of US-based Advanced Technology
Integration Group and further issue of shares

Datatec Limited ("Datatec” or the “Group”, JSE and LSE: DTC), the international Information and
Communication Technology (ICT) group, announces that, following fulfilment of all conditions
precedent, its subsidiary Logicalis, Inc., has completed the acquisition, announced on 29 July 2015, of
Advanced Technology Integration Group from MCPc, Inc., for a total consideration of up to
$42 million.

The consideration is being funded partly by the issue of 3,679,594 new Datatec ordinary shares in
terms of a $18.5 million vendor consideration placing.

The new Datatec ordinary shares will be issued at R67.00 per share, which represents a discount of
4.3% to the 30 day VWAP up to and including 28 August 2015, being the day prior to the date that
the placing was authorised by the board of directors.

Approval has been received from the JSE Limited for the listing and an application has been made to
the London Stock Exchange for the admission of these shares to the Alternative Investment Market.
Listing on both exchanges is expected to become effective today, 9 September 2015.

Following this listing of shares, Datatec will have an issued share capital of 208,983,794 ordinary
shares of ZAR0.01 each.

Sandton
9 September 2015

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

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 – Investor Relations Manager                     +27 (0) 11 233 1013

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

finnCap – Broker
Stewart Andrews                                                    +44 (0) 20 7220 0500
Instinctif Partners
Frederic Cornet/Pietman Roos (SA)                                  +27 (0) 11 447 3030
Adrian Duffield/Chantal Woolcock (UK)                              +44 (0) 20 7457 2020

Webber Wentzel – South African legal advisors
Gareth Driver                                                      +27 (0) 11 530 5390

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