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17th October 2008

Interim Operating Profits Jump to $23.2 Million

Slough, 17 October 2008 – Logicalis Group Limited (“Logicalis”), the international IT and Communications services provider, made a major contribution to the overall growth and performance of Datatec Group interims results. In the six months to 30 August 2008, Logicalis accounted for 24% of Datatec's revenue and 40% of its EBITDA, up from 20% and 13% respectively in the prior year. See attached for full Datatec release.

Logicalis' revenue increased by 39% to $550.7 million (2007: $395.5 million), including $106 million contribution from acquisitions. Excluding the impact of acquisitions, organic revenue increased by 11%.

The performance in the US, Europe and Latin America has been strong. The US business continued its recovery from a difficult first half last year, the UK delivered solid growth and the acquisition in Brazil generated significant revenues and EBITDA in the first four months of ownership.

Logicalis' EBITDA rose to $32.0 million (2007: $8.1 million), an increase of 295% and operating profit jumped to $23.2 million (2007: $3.3 million).

Jens Montanana, Chief Executive of Datatec, commented:

"We are particularly pleased with the financial performance of Logicalis, where all regions contributed with increases in profits and margins.  The strategically important acquisition of Promon in South America earlier this year, and the pre-emptive action taken last year to restructure the US operations, have been major factors in Logicalis' notable performance over this period."

Ian Cook , Chief Executive of Logicalis, further adds,

"We achieved higher revenues and good growth in overall profitability, despite an increasingly tough economic climate in many markets. This has been largely due to our geographic and vendor partner diversity and increasing focus on growing annuity revenues which have yielded excellent results with maintenance and managed services growing 36%.

“We have moved a long way from being a plain provider of technical services and are now adding real value for clients looking to get the most from their technology investment."

About Logicalis

Logicalis is an international provider of integrated Information and Communications technology (ICT) solutions, delivering secure, converged computing and communications infrastructure and services. Logicalis maintains strong partnerships with technology leaders including Cisco, HP and IBM.

With its international headquarters in the UK, Logicalis Group employs over 1,500 people worldwide, including highly-trained service specialists who specify, design, deploy and manage IT infrastructure to meet the needs of over 6,000 corporate and public sector customers.

The Logicalis Group has annualised revenues in excess of $1 billion, from operations in the UK, US, Germany and Latin America and is fast establishing itself as one of the leading IT and Communications service providers, specialising in the areas of advanced technologies and services.

The Logicalis Group is a division of Datatec Limited, a $4 billion revenue business listed on the Johannesburg and London AIM Stock Exchanges.

For more information, visit www.logicalis.com.

For further information contact:
Jennifer Manning / Charlotte Sandy
Tel: 01291 626200
Logicalis@cohesive.uk.com