Cash fraction 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") CASH FRACTION APPLICABLE TO THE SCRIP DISTRIBUTION Shareholders are referred to the Company’s unaudited interim financial results for the six months ended 31 August 2016, released on the Stock Exchange News Service (“SENS”) on 19 October 2016, in which they were advised that Datatec’s board of directors had resolved to declare an interim Scrip Distribution of ordinary Datatec shares, with the alternative to elect to receive a Cash Dividend of 60 cents per ordinary Datatec share. The ratio applicable to the Scrip Distribution entitlement was announced on SENS on 11 November 2016, being 1.27687 Scrip Distribution shares for every 100 ordinary Datatec shares held on the Record Date, being Friday, 25 November 2016. If the application of this ratio gives rise to a fraction of an ordinary Datatec share, such fraction of a new ordinary Datatec share will be rounded down to the nearest whole number, resulting in allocations of whole ordinary Datatec shares and a cash payment for the fraction (“Rounding Provision”). In accordance with the requirements of the JSE Limited, the cash payment has been determined with reference to the volume weighted average price of an ordinary Datatec share traded on the JSE on Wednesday, 23 November 2016 (being the day on which an ordinary Datatec share began trading ‘ex’ the entitlement to receive the Scrip Distribution or Cash Dividend alternative), discounted by 10%. Shareholders are accordingly advised that the basis applicable in determining the cash payment for the fractional entitlement is 4222 cents. Example of fractional entitlement: This example assumes that a Shareholder holds 100 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 = 100 x 1.27687 % = 1.27687 new ordinary shares. The Rounding Provision described above is then applied and the shareholder will receive: 1 Scrip Distribution share in respect of the 100 ordinary shares held and a cash payment for the fractional entitlement based on the 4222 cents noted above of 0.27687 x 4222 = 1169 cents. This fractional entitlement payment will be subject to 15% dividend withholding tax, resulting in a net cash payment of 993.65 cents. Sandton 24 November 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 24/11/2016 12:22:00 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.