Notification of major interest in shares DATATEC LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC (“the Company”) NOTIFICATION OF MAJOR INTEREST IN SHARES In compliance with the requirements of the UK Financial Conduct Authority (FCA), the following information notified to the Company is disclosed: 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Datatec Limited; 2. Reason for notification : an acquisition or disposal of voting rights; 3. Full name of person(s) subject to notification obligation: Public Investment Corporation (SOC) Limited; 4. Full name of shareholder(s): (same as 3 above); 5. Date of transaction (and date on which the threshold is crossed or reached if different): 26 May 2016; 6. Date on which issuer notified: 27 May 2016; 7. Threshold(s) that is/are crossed or reached: 17%; 8. Notified Details A: Voting rights attached to shares Class/type of shares: ZAE000017745 Situation previous to the triggering transaction: Number of shares – 33 790 794 Number of voting rights – 33 790 794 Resulting situation after the triggering transaction Number of shares - 35 620 647 Number of voting rights – 35 620 647 (Direct) Percentage of voting rights – 17.007% (Direct) B & C: Financial Instruments – n/a Sandown 31 May 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 31/05/2016 02:00:00 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.