Ratio applicable to the scrip distribution Datatec Limited (Incorporated in the Republic of South Africa) (Registration number: 1994/005004/06) ISIN: ZAE000017745 Share Code: DTC ("Datatec” or “the Company”) RATIO APPLICABLE TO THE SCRIP DISTRIBUTION Shareholders are referred to the Company’s unaudited interim results for the six months ended 31 August 2016, published on the Stock Exchange News Service (“SENS”) on 19 October 2016 in which it declared an interim Scrip Distribution with a Cash Dividend alternative. A circular setting out the terms of the Scrip Distribution and Cash Dividend alternative, including a Form of Election, (“the Circular”) was posted to shareholders on 3 November 2016, as announced on SENS on the same date. In addition, the Circular is available on the Company’s website, www.datatec.com or www.datatec.co.za. Shareholders are advised that the number of Scrip Distribution shares to which each Shareholder will become entitled pursuant to the Scrip Distribution (to the extent that such Shareholder has not elected to receive the Cash Dividend) will be determined by reference to such Shareholder’s ordinary shareholding in Datatec (at the close of business on the Record Date) in relation to the ratio that 60 ZAR cents bears to 4699 ZAR cents, representing the volume weighted average price (“VWAP”) of an ordinary Datatec share traded on the JSE during the 30-day trading period ended on Thursday, 10 November 2016. The ratio of Scrip Distribution shares to which each Shareholder will become entitled pursuant to the Scrip Distribution (to the extent that such Shareholder has not elected to receive the Cash Dividend) is therefore 1,27687 Scrip Distribution shares for every 100 ordinary shares held on the Record Date: 100 x 60 ZAR cents 4699 ZAR cents = 1,27687 Where a Shareholder’s entitlement to new Datatec ordinary shares calculated in accordance with the above formula gives rise to a fraction of a new ordinary share, such fraction of a new ordinary share will be rounded down to the nearest whole number, resulting in allocations of whole shares and a cash payment for the fraction (“Rounding Provision”). The cash payment arising from the Rounding Provision will be determined with reference to the VWAP of an ordinary Datatec share traded on the JSE on Wednesday, 23 November 2016 (being the day on which an ordinary Datatec share begins trading ‘ex’ the entitlement to receive the Scrip Distribution or Cash Dividend alternative), discounted by 10%. The applicable cash payment will be announced on SENS on Thursday, 24 November 2016. Example of Scrip Distribution entitlement: This example assumes that a Shareholder holds 1000 ordinary shares at the close of business on the Record Date and does not elect to receive the Cash Dividend in respect of all or part of their shareholding. New ordinary share entitlement = 1000 x 1,27687% = 12,7687 new shares (then apply the Rounding Provision described above) = 12 Scrip Distribution shares in respect of the 1000 ordinary shares held and a cash payment for the fraction. Sandton 11 November 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 11/11/2016 11:00:00 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.