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Wednesday 13 May 2009 – Embargoed for 7.00 am (UK time) Dimension Data Holdings plc Unaudited Interim Results Six months ended 31 March 2009 Dimension Data Holdings plc (‘Dimension Data’ or the ‘Group’) today announced its results for the six months ended 31 March 2009. The results have been prepared in accordance with International Financial Reporting Standards, as adopted by the European Union. Highlights Revenue of $1.95 billion (up 8.1% in constant currency (2) ) Strong Services revenue growth of 21.1% (2) Gross margin expansion to 21.8% (H1 2008: 21.3%) Strong operating profit growth from four out of five regions Operating profit (1) up 37.4% to $88.8 million Operating margin (1) expansion to 4.6% (H1 2008: 3.9%) Strong balance sheet with cash of $345.4 million Financial Summary $’000 Six months ended 31 March 2009 Six months ended 31 March 2008 Revenue 1,950,108 2,171,212 Operating profit 87,464 85,016 Margin 4.5% 3.9% Operating profit (before exceptional items) 88,798 85,016 Margin (before exceptional items) 4.6% 3.9% Profit attributable to equity shareholders of the parent 65,997 55,881 Profit attributable to equity shareholders of the parent (before exceptional items) 58,739 52,190 Earnings per ordinary share (US cents) 3.9 3.7 Earnings per ordinary share (before exceptional items) (US cents) 3.5 3.4 Notes: (1) Before exceptional items. See reconciliation in Note 3 to the condensed financial statements. (2) Before eliminating intercompany revenue and, adjusted for the impact of currency movements.

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Page 1: - Dimension Data H1 results

Wednesday 13 May 2009 – Embargoed for 7.00 am (UK t ime)

Dimension Data Holdings plc Unaudited Interim Results

Six months ended 31 March 2009

Dimension Data Holdings plc (‘Dimension Data’ or the ‘Group’) today announced its results for the six months ended 31 March 2009. The results have been prepared in accordance with International Financial Reporting Standards, as adopted by the European Union. Highlights • Revenue of $1.95 billion (up 8.1% in constant currency (2)) • Strong Services revenue growth of 21.1% (2) • Gross margin expansion to 21.8% (H1 2008: 21.3%) • Strong operating profit growth from four out of five regions • Operating profit (1) up 37.4% to $88.8 million • Operating margin (1) expansion to 4.6% (H1 2008: 3.9%) • Strong balance sheet with cash of $345.4 million Financial Summary $’000

Six months ended 31 March 2009

Six months ended 31 March 2008

Revenue 1,950,108 2,171,212 Operating profit 87,464 85,016 Margin 4.5% 3.9% Operating profit (before exceptional items) 88,798 85,016 Margin (before exceptional items) 4.6% 3.9% Profit attributable to equity shareholders of the parent 65,997 55,881 Profit attributable to equity shareholders of the parent (before exceptional items)

58,739

52,190

Earnings per ordinary share (US cents) 3.9 3.7 Earnings per ordinary share (before exceptional items) (US cents)

3.5

3.4

Notes:

(1) Before exceptional items. See reconciliation in Note 3 to the condensed financial statements.

(2) Before eliminating intercompany revenue and, adjusted for the impact of currency movements.

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Chief Executive Officer’s Review STRONG PERFORMANCE IN DIFFICULT MARKET CONDITIONS Dimension Data has delivered a strong first half FY2009 performance with improved metrics across the majority of the business. The performance is particularly pleasing in light of the challenging trading conditions that we are experiencing in many of our key markets. In constant currency, revenue grew by 8.1% to $1.950 billion while the operating margin (1) improved by 0.7 of a percent to 4.6% driving a 37.4% increase in operating profit (1) to $88.8 million. The year on year appreciation in the US dollar against most of our trading currencies has impacted statutory reported results in US dollars with revenues falling by 10.2%. Encouragingly operating profit increased by 4.4%. Subsequent discussion of results in this section will focus on our performance in constant currency except where noted. Excellent execution in our Services business drove our overall revenue and profitability growth in the period. Total Services revenues increased 21.1% and were driven by strong growth of 25.2% in Managed Services. Product revenue growth was muted reflecting economic realities and decreased client capital expenditure. In addition to period on period growth, the Group achieved sequential growth in operating profit on the second half of FY2008, demonstrating an encouraging level of robustness in our business model. The progress that we have made over the last five reporting periods in widening our operating margin continued in this reporting period. Operating margin improvements came as a result of an increase in the gross profit margin (1) from 21.0% to 21.8% which reflected excellent growth and execution in our Services business and good cost containment. Our gross profit increased 11.4% while we contained growth in our overhead base to 6.1%. Dimension Data closed the period with a strong balance sheet and $345 million in cash. Our regional performances were strong, with the exception of the Americas. Australia, Europe and Middle East and Africa all delivered excellent growth. Europe was an outstanding performer in the period, delivering strong growth in revenues and a doubling of operating profit. Asia experienced revenue challenges due to its exposure to global financial services and multinational clients, however, growth in Asia’s Services revenue base and a focus on cost management helped to deliver a strong increase in operating profit. The effects of the financial services industry downturn in the Northeast of the US severely impacted our Americas region. However, Services and select lines of business performed well. During the period, we addressed the cost base in the US and continued to focus on developing the maturity of our Services business. SYSTEMS INTEGRATION BUSINESS DELIVERS RESULTS Dimension Data’s Systems Integration (SI) business, which comprised 79% of total revenues, delivered an excellent performance with a 3% increase in revenues and 10% increase in gross profit. Within the SI business Services revenues were up by 15% and gross profit up 21%. Product revenues declined by 3%, while Product margins were stable. The Group’s chosen specialised lines of business continue to be well positioned in the current economic climate to help clients reduce costs and improve the productivity and efficiency of their businesses. Within our Systems Integration business, our Converged Communications, Microsoft Solutions and Security Solutions lines of business all showed growth. Video and other collaboration technologies have provided companies with cost effective alternatives to travel and have bolstered our Converged Communications growth. The focus on cost reduction has also supported growth in our Microsoft Solutions business as clients implemented systems management and unified communications. Many companies have continued to invest in securing

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their communications and information during this downturn and this has supported growth in our Security Solutions. The Network Integration line of business, which contributed 58% of revenue within our Systems Integration business, performed well given difficult market conditions. Outstanding Network Integration performances in Middle East and Africa, Australia, and Europe were offset by poor performances in the Americas and Asia regions. This performance variance is attributed to a decrease in the purchasing of core routing and switching technology by the global financial services and multinational clients within the Americas and Asia regions. Network Integration-related Services performed strongly; showing growth during the period and offsetting the lower Product revenues. Our Customer Interactive Solutions (CIS) line of business delivered a disappointing performance as spend on large call centre deployments was cut significantly. Challenges in our Americas region’s Data Centre and Storage Solutions (DCS) business muted overall DCS growth. SERVICES LED STRATEGY GAINS STRONG MARKET ACCEPTANC E In the current market, companies are looking to reduce capital expenditure and conserve their cash. This trend is impacting the volume of IT technology sales. However, the market opportunity for IT services within our SI business has remained healthy. The Group has taken advantage of the current economic environment to drive market share gains in maintenance, support and multisourcing-related Services. Uptime, our value-added maintenance and support offering, achieved the largest growth within our Services business. Uptime benefited from global and multinational clients’ focus on supplier and contract consolidation for support services. Additionally, our market traction and growth in Converged Communications created new support and managed services revenue opportunities – both in existing and new clients. During the period we made significant progress in evolving our Services strategy. One significant such milestone was the completion of our Global Services Operating Architecture (GSOA) upgrade. Initially deployed in Asia, the upgraded GSOA will be deployed throughout the remaining regions through 2010. The GSOA automates efficient and consistent worldwide service delivery and enables us to meet stringent service level agreements with clients while providing them better visibility and adaptability. Important progress also occurred in the market adoption of our assessment services in Security Solutions, Network Integration, Converged Communications, and Data Centre and Storage Solutions. Increasingly our clients are engaging with us to be their trusted advisor within our fields of expertise. This is driving growth in our consulting and assessment services. Dimension Data’s assessment services help clients make better investment decisions by providing an understanding of their IT environments and on how best to procure and manage IT solutions and services. We also introduced an international programme management capability with specialist expertise to effectively manage the growing proportion of our business that involves multinational deployments. We continue to invest in methodologies and common processes that enable efficient and consistent global service delivery both directly and through our preferred partner network. REGIONAL BUSINESSES ADVANCED Outside our SI business, our regional businesses - Internet Solutions (IS) and Plessey in the Middle East and Africa and Express Data in Australia - all delivered strong growth. Taken together these businesses and other smaller regional businesses represented 21% of total revenues and 21% of gross profits for the period. IS and Plessey delivered good performances for the period and continue to execute on emerging market opportunities throughout the Middle East and Africa. Express Data delivered a great performance with strong revenue and margin growth.

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In January 2009, IS was awarded two telecommunciations licences permitting the division to self-provide telecommunications infrastructure services in competition with incumbent operators. We are optimistic that these licences will provide IS with the opportunity to expand its client base and market offerings throughout Africa. Plessey was appointed to lay the first route of the MTN/Neotel National Long Distance fibre network. CLIENTS AND MARKET SEGMENTS The economy is driving our clients to change a number of business processes around the management and governance of their IT infrastructure with the ultimate goal of reducing total cost of ownership. Many clients are undertaking a move toward standardisation of technologies and suppliers. Vendor relationships are being consolidated to gain more buying leverage from fewer vendors and reduce the administrative costs of managing multiple vendor relationships. Clients are opting for differentiated levels of service and support with their IT infrastructure to balance risk and cost reduction. We also continue to see significant opportunities for our IT solutions to reduce the environmental footprint of our clients. In this regard, we invested further during the period in monitoring and improving on our own environmental credentials. Within Dimension Data’s vertical markets, the financial services industry felt cost pressures and cut back on capital expenditures, while Service Provider and Public Sector vertical markets showed strong growth for the Group. COST MANAGEMENT FOCUS Anticipating tougher economic conditions, the Group paid close attention to cost containment over the past six months. Careful prioritisation has been given to spend associated with generating near term revenue and supporting clients, while key strategic projects, such as completion of our GSOA platform and the development of our environmental strategy, have continued to receive focus and investment. In regions where we saw the markets softening, we curtailed spend. In the Americas we cut travel by over 40%, reduced capital expenditures by 50%, reduced headcount in North America by 9% and took several other cost reduction measures. In Asia, among other cost reduction efforts, we reduced headcount by 4%, cut travel by 29% and capital expenditure by 20%. Our resilient profitability has helped us to avoid having to make large scale cost cuts across the business, and the Group has successfully managed the cost base to appropriate revenue levels. STRATEGIC ACQUISITIONS Dimension Data completed the acquisition of the remaining 44.9% of the shares of its Asian subsidiary, Datacraft. Datacraft had been a Dimension Data subsidiary for eleven years and has been critical to the Group’s growth and expansion of its Asian footprint. Dimension Data believes the Asian marketplace will continue to offer attractive future growth opportunities and increasing the Group’s stake provides our shareholders participation in such growth. The Group proceeded with two other strategic acquisitions, the acquisition of Teksys and Bluefire. The acquisition of Teksys was a key next step in executing on our Microsoft Solutions strategy within Europe. Teksys is a UK-based Microsoft infrastructure and licensing services company that provides professional and managed services and holds Microsoft Large Account Reseller (LAR) status. Bluefire is a managed services hosting company based in Australia. The Bluefire acquisition is important to the development of outsourcing capabilities within our Services strategy. OUTLOOK Looking forward, we believe market conditions will remain challenging and business visibility will be uncertain. There are some signs of stabilisation and our interim results demonstrate a solid platform as we enter the second half of the financial year. We continue to see opportunities

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throughout our Solutions and Services portfolio, and believe the medium term opportunities are robust. Our attention throughout the second half of the year will be on maximising our opportunities while adopting a prudent expenditure and investment profile. Our diverse geographic footprint insulates us somewhat and provides us with strong local delivery and execution capabilities, which continue to set us apart from our key competitors. We believe at present it is too early to call an upturn in the market, however we are optimistic about our future prospects and believe Dimension Data is well positioned for the long term. Chief Financial Officer’s Review In this review, growth rates are in relation to H1 2008 and are, unless otherwise indicated, calculated before eliminating intercompany revenue and adjusted for the impact of currency movements (i.e. are constant currency growth rates). Unless specifically indicated, exceptional items are excluded from the analysis. Income Statement Summary Revenue for the half was $1,950 million, an 8.1% increase on H1 2008. The Group’s reported results were impacted by the appreciation in the US dollar in relation to most of the local currencies in which it trades, resulting in a decline in reported currency revenues of 10.2%. Product revenues were flat (up 0.3%), Professional Services grew by 15.1% while Managed Services grew by 25.2%. This excellent performance from Managed Services, which was accompanied by higher gross margins, resulted in a 0.5% expansion in the Group’s overall gross margin to 21.8%, and in gross profit growing 11.4% to $424.5 million. Product margins were unchanged, while Services margins reduced slightly by 0.2%. Overheads of $335.7 million were up by 6.1%, well below the 11.4% increase in gross profit. Of this, variable overheads (bonuses and sales commission) reduced by 3.5% to $47.7 million while fixed overheads grew by 7.8% to $288.0 million. The Group’s overhead cost base was carefully managed over the period, with prioritisation given to revenue generation and client support. Discretionary spend was reduced, while strategic projects, such as the rollout of the upgraded Global Services Operating Architecture (GSOA) platform, continued to receive focus and investment. Furthermore, investments made in technologies such as video conferencing and integrated collaboration reduced travel and associated costs. Although Group headcount did not reduce as a whole, there were targeted headcount reductions where appropriate. The gross margin expansion, coupled with strong focus on cost containment, meant that the Group’s operating margin expanded by 0.7% to 4.6% for the period, and operating profit increased by 37.4% to $88.8 million. By region, revenue growth was strong in Middle East and Africa (MEA) (+ 30.4%), Australia (+ 21.5%) and Europe (+ 9.4%), although declines were experienced in Asia (by 1.9%) and in the Americas (by 24.3%). Operating profit more than doubled in Europe, and was strongly up in MEA (+18.8%), Australia (+ 26.8%) and in Asia (+ 32.7%). In the Americas, operating profit reduced by 72.1% to $2.3 million. Across the businesses, Systems Integration (SI) revenues were up by 3.0%, with the strong performance in Managed Services driving gross profit growth of 10.0%. Internet Solutions (+ 37.4%) and Plessey (+ 57.5%) both reported good revenue growth, although gross margins in each business were lower. As a result, gross profit expanded in Internet Solutions by 29.0% and in Plessey by 14.9%. Express Data grew revenues by 18.5% with Product margins remaining stable.

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The share of results from associates reduced slightly from $3.8 million to $3.7 million for the period, as did net interest costs from $7.4 million to $6.6 million. Property revaluation and other gains and losses include a gain on revaluation of the investment portion of the Campus property asset of $2.2 million (H1 2008: $3.6 million). The Group’s effective tax rate on profit before tax, excluding exceptional items, increased to 28.9% (H1 2008: 26.6%) as a result of the change in mix in profits across the Group. The Group recorded a $9.9 million exceptional tax credit, and a $1.3 million exceptional operating expense, flowing from the restructuring of the funding facility associated with the Campus land and buildings in South Africa. Earnings per share before exceptional items were 3.5 cents, up marginally from prior year. Trading and Operations Group Businesses The revenue in the table below is as reported, whereas the growth rates are calculated before eliminating intercompany revenue and adjusted for the impact of currency movements.

$ million Systems

Integration Internet

Solutions Plessey Express

Data Other* Total

Revenue

Product

979

155 1,134

Growth (3.0%) 18.5% 0.3% Managed Services

378

113

1 8 500

Growth 23.5% 37.4% 34.9% 0.2% 25.2% Professional Services

183

88 45 316

Growth 1.4% 57.5% 23.0% 15.1%

Total

1,540

113

88

156 53 1,950

Growth 3.0% 37.4% 57.5% 18.5% 15.3% 8.1% * Other includes Merchants and DDAI Systems Integration (SI) (trading as Datacraft in Asia and Dimension Data elsewhere) The SI business offers clients a full life cycle of services across each of its six lines of business, namely Network Integration, Converged Communications, Security Solutions, Customer Interactive Solutions (CIS), Data Centre and Storage Solutions (DCS) and Microsoft Solutions. Its Professional Services portfolio caters for services such as assessment, consulting and design leading to procurement and deployment of third party product for both multinational and local clients. Its Managed Services portfolio caters for the ongoing support, monitoring and management of our clients’ IT environments. These services are designed to leverage the specialist knowledge and intellectual property of each line of business, adopting best practice in areas such as supply chain management, consulting frameworks project management and packaged and customised managed services.

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A focus on delivering solutions which improve productivity or reduce costs, together with solid demand for our Managed Services offerings, ensured that the SI business displayed encouraging resilience during the period. SI Revenue Streams Product revenues reduced by 3.0%, reflecting general caution in purchasing decisions as our clients elected to defer discretionary expenditure. The Americas were most severely impacted with Product revenues down by 30.9%, as multinational corporation clients in general, and financial services industry clients in particular, reduced spend. Asia’s Product revenues were similarly impacted, down by 14.6%. Product revenues in Europe grew by 6.3% while MEA and Australia both delivered strong growth in Product revenues, up by 21.1% and 25.2% respectively. Professional Services (PS) revenues were up 1.4%. Most of our PS revenues continue to be derived from the design and deployment of Product based solutions, but while there is a correlation with product revenues, we are also increasingly delivering consultative services in advance of or separate to Product procurement. Converged Communications PS revenue growth was particularly strong, reflecting an increase in global deployments as our clients continued to invest in technologies delivering immediate cost efficiencies, such as IP Telephony and video conferencing. PS gross margins improved slightly as a result of ongoing investment in improving the efficiency and consistency of service delivery. Managed Services grew by 23.5%. This excellent performance highlights the strength of our Uptime branded maintenance and support service, as well as our global focus on delivery excellence. Growth was supported by our clients’ focus on rationalising their own sourcing strategies, including the aggregation of support partners (particularly on a multinational level) and in selectively out-tasking of IT functions. We continued to invest in our multisourcing capabilities and experienced accelerating growth in this area. SI Lines of Business In the largest line of business, Network Integration, revenues declined by 2.0%. Product revenues in the Americas and Asia were particularly impacted by exposure to multinational corporation and financial services industry clients. However, MEA, Australia and Europe performed well, and we continue to see strong demand in areas such as performance optimisation, wireless and mobility services, where capital investments deliver more immediate cost savings or productivity and process benefits. A strong performance from Managed Services ensured a robust gross profit performance for this line of business for the period. Security Solutions revenues increased by 4.5%, with lower network security product revenues offset by good growth in advanced security revenues. Long term trends in this line of business remain favourable. Security threats continue to evolve as the economic climate changes and infrastructure becomes more complex. This, combined with regulatory compliance requirements, makes security critical to business agility. Our multi-vendor capability and integration skills with key partners, position us well to support organisations looking to consolidate complex vendor relationships in the security environment. Continuing strong demand for IP Telephony and video conferencing solutions ensured growth of 21.1% in our Converged Communications line of business. Pressure on travel costs and environmental concerns, together with clear opportunities for infrastructure rationalisation and productivity improvements, continue to underpin this line of business. We experienced a 12.4% decline in our CIS line of business, as organisations worldwide delayed large capital expenditure projects, impacting demand for our call centre solutions. In response, we realigned our cost structure for this line of business in Australia, the UK and the Americas.

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Our DCS line of business declined by 14.1%, largely due to much lower revenues in the Americas, where we took corrective action during the half. Elsewhere, the DCS business performed well, with strong services growth supporting gross profit expansion. We experienced ongoing demand for server virtualisation as organisations sought to optimise their existing infrastructure, and clients invested in storage, archiving and de-duplication technologies to improve efficiencies. Cisco’s recent entry into the blade server and server virtualisation markets confirms that Data Centre integration capabilities are increasingly important to our Networking, Security and Microsoft Solutions lines of business. Microsoft Solutions grew revenues by 44.3%. Excluding the impact of the Teksys acquisition in the UK, revenues were up by 30.5%. Growth was supported by good license resale revenues in Australia and South Africa. Elsewhere, as organisations looked to extract value from their existing investments in Microsoft technologies, the Group experienced good demand for its consulting and deployment offerings. Internet Solutions (IS) IS is an African next generation services provider. Originally an Internet Services Provider (ISP), the division now operates ten business units enabling clients to outsource the operations and management of their telecommunications, internet, data and voice services. Its core offerings relate to the provision of internet and network connectivity and include: access, virtual private network (VPN), broadband, voice and application hosting services. IS provides connectivity services to many of the biggest companies in South Africa, as well as an expanding number of businesses across the African continent. IS revenues grew by 37.4% over H1 2008, reflecting ongoing demand for the division’s range of services. Growth in outsourced data networks was strong, and our clients’ focus on cost savings fuelled growth in voice traffic (‘Voice over IS’) and in hosting services. Gross margin declined as a result of increased competitive pressure in the South African market, as well as the impact on international input costs of the stronger US dollar.

In January 2009, IS was awarded two telecommunications licences allowing it to self-provide telecommunications infrastructure services in competition with incumbent operators. IS can now, in circumstances where it makes commercial sense, build its own fixed or wireless network. In response, IS will commence rolling out fibre access for its top clients. It has also embarked upon the application process to acquire licensed wireless spectrum, which would enable it to connect its own clients using both fixed and wireless links. Furthermore, IS is also permitted to connect directly to international gateways for international bandwidth.

Plessey Plessey provides telecommunications infrastructure solutions across the African continent, through its offices in twelve African countries. Telecommunications service providers looking to deploy high speed, multi-media networks support demand for Plessey’s physical infrastructure and support services. These services include the construction of base stations, the provision of wireless, optical fibre, satellite and microwave solutions as well as managed services. Plessey continues to invest in its fibre rollout capacity in anticipation of infrastructure spend following deregulation of the South African telecommunications environment. As a result, the division is now regarded as the premier provider of end to end fibre deployment in South Africa, with a comprehensive service offering. Plessey reported strong growth in revenues, up 57.5% for the period, supported by orders for site construction in Africa (in particular Uganda and South Africa) and by growth in fibre rollout projects in South Africa. Gross margins, however, were impacted negatively by a combination of factors, including a change in mix of revenues in favour of South Africa, where margins are lower,

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a slowdown in orders in some African countries which resulted in redundancy and relocation costs, as well as investments made in some large tenders in South Africa. During the period Plessey was appointed to lay the first route of the MTN/Neotel National Long Distance fibre network in South Africa, a total of 592 km, and is well positioned for further deployments of this network.

Express Data

Express Data, the Group’s distribution business in Australia, grew revenues by 18.5%. This growth was driven in part by Australian dollar weakness resulting in clients placing product orders in anticipation of price rises, but also by market share gains. Express Data enjoys a good balance of clients across the range of enterprise, commercial, government, small to medium business and consumer sectors and whilst large enterprise business softened, the division experienced growth in all other segments, particularly government.

The base of annuity-oriented software licensing and maintenance contracts continued to support business with channel partners as they increased focus on retaining customers. In this regard, Express Data remains well placed to act as an aggregator for software vendors as they transition from periodic licensing programs to software as a service delivery model.

Other

Dimension Data Advanced Infrastructure (DDAI) focuses on the physical layer of IT infrastructure. In particular, the division provides solutions and services around electrical reticulation and communications cabling, wireless connectivity, and integrated security relating to surveillance, access control, alarms and IT monitoring. The support of data centres and hosting facilities is a focus, where the division ensures business continuity for our clients, including power, cooling, access control and fire suppression systems.

DDAI in South Africa extended its excellent performance of the prior year with revenue growth of 35.9%, supported by stadium construction for the 2010 FIFA World Cup. In contrast, in the UK DDAI’s revenues were flat on the back of depressed conditions in that region’s construction industry.

Merchants, the Group’s outsourced call centre business, now operates predominantly out of South Africa, retaining only a small consultancy and hosting operation in the UK. Overall revenues were flat, with an 18.6% growth in revenues in South Africa offset by a lower contribution from the UK as a result of the downsizing of operations last year.

Regions

$’000 Americas

Asia

Australia

Europe Middle East

& Africa Central & Other

Total

2009 Revenue 260,930 314,189 386,922 516,219 463,268 8,580 1,950,108 Growth % (24.3%) (1.9%) 21.5% 9.4% 30.4% 8.1% Product 187,326 188,865 295,746 315,031 140,115 6,958 1,134,041 Growth % (30.9%) (14.6%) 25.2% 6.3% 21.1% 0.3% Services 73,604 125,324 91,176 201,188 323,153 1,622 816,067 Growth % (0.2%) 26.6% 9.6% 14.5% 34.7% 21.1% Gross margin 17.2% 22.0% 18.3% 20.2% 27.2% 21.8% Operating profit 2,291 25,928 18,036 13,665 35,751 (6,873) 88,798* Operating margin 0.9% 8.3% 4.7% 2.6% 7.7% 4.6%*

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2008 Revenue 346,560 353,787 440,803 564,581 456,297 9,184 2,171,212 Product 272,652 225,730 324,887 351,166 139,483 4,241 1,318,159 Services 73,908 128,057 115,916 213,415 316,814 4,943 853,053 Gross margin 15.7% 18.5% 19.0% 20.5% 28.2% 21.3% Operating profit 8,431 23,481 19,164 8,109 40,432 (14,601) 85,016 Operating margin 2.4% 6.6% 4.3% 1.4% 8.9% 3.9%

* Before exceptional items. The revenue, gross margin and operating profit in the table above are as reported, whereas the growth rates are calculated before eliminating intercompany revenue and adjusted for the impact of currency movements. Americas Revenues in the Americas declined by 24.3% although gross profit reduced by only 16.9%. Strong performances from Brazil, Mexico and Canada could not compensate for a 29.4% revenue decline in the US. Of this, Product revenues in the US were down by 36.4% as multinational and financial services clients scaled back on non-discretionary infrastructure spend. While Professional Services revenues in the US reduced by 8.9%, Managed Services revenues grew by 8.7% with good contract wins in the Network Integration and Converged Communications lines of business. Network Integration was most impacted by the reduced demand, while the Converged Communications and Microsoft Solutions lines of business recorded good growth, supported by the region’s integrated collaboration and visual communications solutions. Cost reduction programs ensured that, despite the revenue pressures, the business in the Americas generated a $2.3 million operating profit for the period.

Asia Total revenues in Asia were 1.9% down. Strong Services growth could not fully offset Product weakness, where revenues declined by 14.6% reflecting challenging economic conditions and lower product demand from multinational and financial services clients. Across the region, projects were deferred and decision makers delayed capital expenditure commitments.

Managed Services posted a solid performance, up 30.1%, supported by market share gains in some territories, and some important multi-year outsourcing deals were concluded during the period. Professional Services grew by 14.3%.

Within the lines of business, Network Integration revenues declined by 7.8% (although gross profit growth was supported by robust Managed Services). Microsoft Solutions and DCS recorded very good performances, with the latter also reporting some excellent client wins during the period.

The trading performance, together with targeted cost reduction programs in the region, resulted in operating profit increasing by 32.7% to $25.9 million for the period.

Australia The Australian Systems Integration business had a very strong half, with revenues up by 22.4%. Product grew by 36.9% partly driven by Australian dollar weakness against the US dollar, where clients placed orders in anticipation of price rises. The business also benefitted from the Federal

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Government stimulus package, and from market share gains on the back of ongoing consolidation in the Australian IT services industry. Managed Services were up by 14.4%, with good multisourcing wins. Professional Services, where growth in consulting was offset by the termination of a CIS contract, grew by 4.3%. During the period, we acquired acquired Bluefire, a company specialising in outsourced infrastructure management. With the exception of CIS, where we restructured the business to adjust to lower revenues, all the lines of business in Australia reported strong growth for the half. Express Data recorded a very strong half, as described previously. Europe In the face of challenging economic conditions, our European business recorded an excellent first half performance, with revenue growth of 9.4%. Product grew by 6.3%, Professional Services by 9.8%, while Managed Services were up strongly 22.1%. Operating profit expanded from $8.1 million to $13.7 million, and operating margin increased to 2.6%. The region’s focus on Managed Services renewals, as well as on solutions which enable operational efficiencies for our clients, supported growth, as did very good performances from the Converged Communications, Security and Microsoft Solutions lines of business. During the period, we acquired Teksys, a UK-based Microsoft solutions and services provider, which will support the region’s ability to provide Microsoft solutions on a pan-European basis. The German, Belgium, UK, Netherlands and Luxembourg businesses were all important contributors to the improved profitability. In addition to gross profit growth, operating profit expansion was supported by targeted cost saving programs across the region. Ongoing productivity initiatives - including leveraging off the newly standardised ERP platform and reducing travel and meetings costs through the extensive use of unified and visual communications - all supported profitability.

Middle East and Africa The Middle East and Africa (MEA) region remained the largest contributor to Group operating profit, with revenues up by 30.4% and operating profit growing by 18.8% to $35.8 million. The Systems Integration business performed well, with revenues up by 22.0% supported by strong growth in Product (21.1%) and Managed Services (31.1%). Product revenues were underpinned by robust growth from the African territories outside of South Africa (in particular Nigeria and Kenya) and by good public sector demand. This offset weakness in the financial services and mining sectors in South Africa. Managed Services growth benefitted from clients’ ongoing requirement to support existing infrastructure. Professional Services revenues declined by 6.4% largely a result of a large contract win in the prior period which did not repeat. Within the lines of business, Network Integration, Converged Communications, DCS and Microsoft Solutions were robust, although revenues declined in CIS. The performances of the other business in the MEA region (Plessey, Internet Solutions, DDAI and Merchants) were described previously. Central and Other

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In Central and Other, net costs reduced by $7.7 million to $6.9 million. Within this, the contribution from the Campus property was $6.3 million (up by 2.5% in constant currency) as rental rates continued to show some growth for the period. Central management costs, net of trading income, reduced by 34.7% to $13.2 million, supported by a focus on cost containment, and in particular reduced bonus and share incentive accruals and reduced project based expenditures. The Group continued to invest in its Services and Lines of Business strategies, as well as in the standardisation of sales and operational systems and processes. Share of Results of Associates The share of profit of associates was consistent with the prior year in reported currency at $3.7 million (H1 2008: $3.8 million). Britehouse, which houses various application development operations and an IT resourcing business, was the largest contributor with $1.8 million. Dataflo, which provides application support services to the South African beverage industry, contributed $1.4 million. Interest Income and Finance Costs The Group earned interest of $7.9 million (H1 2008: $7.8 million), predominantly on its cash holdings. Total finance costs were $14.4 million (H1 2008: $15.3 million), most of which ($10.4 million (2007: $12.0 million)) related to funding the Campus property in Johannesburg. During the period, the Group unwound the tax structure associated with Campus funding and replaced the finance lease with secured bank loans. While this led to a change in the assessed tax position relating to the funding, there was no significant change to the reported asset and liability, nor any change to the underlying cash flows or reported finance costs associated with the funding. Property Revaluation and Other Gains and Losses Property revaluation and other gains and losses include a $2.2 million (H1 2008: $3.6 million) gain on revaluation of the investment portion of the Campus property asset in South Africa, based on the Directors’ assessment of fair value at 31 March 2009. Income Tax The Group’s effective tax rate on profit before tax, excluding exceptional items, increased to 28.9% (H1 2008: 26.6%) as a result of the change in mix in profits across the Group. In particular, the Americas region, where there is an assessed tax loss, experienced a reduction in profits for the period. In H1 2009, the Group, in conjunction with the lending banks and in agreement with the South African tax authorities (SARS), restructured the financing arrangement underpinning the Campus land and buildings in South Africa. SARS allowed Dimension Data a once off tax deduction of $40.5 million as part of the settlement which resulted in the Group raising a deferred tax asset of $9.9 million during the period. Minority Interests The minority interest in the result for the period of $5.6 million relates mainly to the Black Economic Empowerment (BEE) consortium’s 15.73% interest in the MEA operations. The

Page 13: - Dimension Data H1 results

minority interest reduced during the period as a consequence of the acquisition of the remaining minority shares in Datacraft Asia in November 2008. Acquisitions and Disposals During the period, the Group completed the acquisition of the remaining minority shares in Datacraft Asia Limited. In terms of the transaction, shareholders were offered $1.33 per share, at a total cost of approximately $281 million. Goodwill on acquisition amounted to approximately $183 million. The Group concluded two other acquisitions, neither of which was material. In Australia, we acquired Bluefire, a company specialising in outsourced infrastructure management. In the UK, we acquired Teksys, a company specialising in Microsoft solutions and services. There were no disposals during the period. Balance Sheet The Group retained a solid balance sheet position throughout the period, finishing the period with equity attributable to equity shareholders of the parent of $693.2 million, and cash and cash equivalents, net of overdrafts, of $344.3 million. Minority interests reduced during the period from $138.2 million to $38.7 million as a result of the acquisition of the outstanding minority shares in Datacraft Asia. Non-current assets of $618.4 million included investment property of $71.2 million. This relates to the 52.96% of the Campus property asset in South Africa occupied by third party tenants (the balance of the Campus is included in property, plant and equipment). The Campus was revalued at the end of the period, resulting in a revaluation gain through the income statement of $2.2 million. Non-current liabilities included bank loans which increased to $120.5 million mostly as a result of the termination of the Campus lease structure, and its replacement with secured bank loans. Obligations under finance leases reduced accordingly. Cash Flow Cash and cash equivalents at the end of the period were $344.3 million, with a net outflow of $321.3 million for the period. Cash generated from operations was $24.4 million (H1 2008: $66.1 million inflow), net of cash invested in working capital of $106.9 million (H1 2008: $58.9 million). Overall, working capital management remained solid throughout the period, and the Group’s net investment in working capital at 31 March 2008 was lower (in constant currency) than twelve months previously. While a net investment in working capital is normal in the first half of the year - bonuses, for example, are settled during the period - the investment during this period was relatively high for two main reasons: First, trade receivables days extended slightly relative to the FY 2008 year end, mainly in Asia and in Africa. In Africa, this reflected extended days in Internet Solutions, but also a change in mix of clients in favour of public sector and service providers, where collections were not as robust at period end. Second, inventory days were higher, reflecting the strong relative performance for the period of Express Data and Plessey, both of which employ significant inventory holdings. Net cash used in investing activities was $307.5 million, including $281.2 million in respect of the acquisition of the minority interests in Datacraft Asia. Additions of intangibles and of property, plant and equipment amounted to $26.6 million (H1 2008: $42.1 million), of which Internet Solutions invested $14.2 million (H1 2008: $18.1 million).

Page 14: - Dimension Data H1 results

Principal Risks and Uncertainties Principal risks and uncertainties facing the Group generally, and for the remaining six months of the financial year, are explained on pages 26 to 29 of the Group’s 2008 Annual Report. The indentified risks are: exposure to economic downturn, dependency on key vendors and disruption of key vendor relationships, exposure to country and regional risk, dependence on major clients and contracts, people retention, professional liability, increasing complexity and variability of client contracts, business continuity risk, regulatory compliance risks and balance sheet and financial instruments risk. A copy of the Group’s 2008 Annual Report is available on our website at www.dimensiondata.com. The Directors decision to continue to adopt the going concern basis of preparation in the interim financial statements is explained in Note 1 to the condensed financial statements.

Page 15: - Dimension Data H1 results

CONDENSED CONSOLIDATED INCOME STATEMENT For the six months ended 31 March 2009 Six months

ended 31 March 2009

Six months ended

31 March 2008

Year ended 30 September

2008 Notes $’000 $’000 $’000 Revenue 2 1,950,108 2,171,212 4,510,640 Cost of sales (1,525,589) (1,709,002) (3,537,347) Gross profit 424,519 462,210 973,293 Administrative, selling and distribution expenses

(337,055)

(377,194)

(791,079)

Operating profit 87,464 85,016 182,214 Share of results of associates 3,656 3,751 7,113 Interest and investment income 7,856 7,841 17,516 Finance costs (14,420) (15,276) (31,025) Property revaluation and other gains and losses

2,681

8,456

13,194

Profit before tax 87,237 89,788 189,012 Tax 4 (15,630) (22,885) (47,973) Profit for the period 71,607 66,903 141,039 Attributable to: - Equity shareholders of the parent 65,997 55,881 118,410 - Minority shareholders 5,610 11,022 22,629 71,607 66,903 141,039 Earnings per ordinary share: US cents US Cents US Cents - Basic 6 3.9 3.7 7.7 - Diluted 6 3.8 3.4 7.3

Page 16: - Dimension Data H1 results

CONDENSED CONSOLIDATED BALANCE SHEET As at 31 March 2009 31 March

2009 31 March

2008 30 September

2008 Notes $’000 $’000 $’000 Non-current assets Property, plant and equipment Investment property

147,728 71,232

161,207 80,156

170,560 81,208

Goodwill 273,907 95,414 95,820 Other intangible assets 18,516 11,807 18,856 Investments in associates 31,303 33,708 34,426 Other investments 4,055 4,753 3,602 Deferred tax assets 37,340 40,386 31,862 Trade and other receivables 7 34,359 49,432 38,163 618,440 476,863 474,497 Current assets Inventories 160,572 198,472 181,885 Trade and other receivables 7 924,572 1,070,609 1,059,547 Cash and cash equivalents 345,397 396,716 686,499 1,430,541 1,665,797 1,927,931 TOTAL ASSETS 2,048,981 2,142,660 2,402,428 Equity Equity attributable to equity shareholders of the parent

693,165

560,701

710,201

Minority interests 38,704 130,473 138,211 Total equity 731,869 691,174 848,412 Non-current liabilities Bank loans 120,525 4,034 3,841 Other long term liabilities 37,124 42,156 38,574 Obligations under finance leases 12,624 132,944 139,906 Deferred tax liabilities 3,717 1,773 715 Provisions 5,944 8,568 6,186 179,934 189,475 189,222 Current liabilities Trade and other payables 8 1,106,170 1,230,913 1,347,113 Bank loans 20,640 14,869 2,256 Bank overdrafts 1,104 1,022 4,146 Provisions 9,264 15,207 11,279 1,137,178 1,262,011 1,364,794 Total liabilities 1,317,112 1,451,486 1,554,016 TOTAL EQUITY AND LIABILITIES 2,048,981 2,142,660 2,402,428

Page 17: - Dimension Data H1 results

CONDENSED CONSOLIDATED CASH FLOW STATEMENT For the six months ended 31 March 2009 Six months

ended 31 March 2009

Six months ended

31 March 2008

Year ended

30 September 2008 $’000 $’000 $’000 Cash flows from operating activities Operating profit 87,464 85,016 182,214 Adjustments for: Depreciation and amortisation 26,645 30,174 59,595 Movement in provisions 1,404 2,218 885 Share-based payment expensed 8,348 9,211 16,726 Other non-cash items 7,438 (1,620) (2,441) Operating cash flows before movements in working capital 131,299 124,999 256,979 Decrease /(increase) in inventories 6,028 (6,869) 2,403 Decrease/(increase) in trade and other receivables 50,809 (78,687) (99,334) (Decrease)/increase in trade and other payables (163,777) 26,686 176,140 Cash generated from operations 24,359 66,129 336,188 Income taxes paid (17,111) (13,385) (36,000) Interest paid (13,157) (12,683) (26,638) Net cash (used in)/from operating activities (5,909) 40,061 273,550 Cash flows from investing activities Interest received 7,856 7,841 17,516 Net investment in business interests and other investments (287,539) (2,732) (4,785) Acquisition of property, plant and equipment, net of proceeds on disposal

(22,973)

(39,890)

(77,797)

Acquisition of intangibles (3,657) (2,200) (13,338) Treasury share buy back of own shares by a subsidiary - (1,169) (1,169) Deferred consideration paid (1,176) (3,748) (2,654) Net cash used in investing activities (307,489) (41,898) (82,227) Cash flows from financing activities Shares purchased by Employee Share Trust (12,576) (26,774) (33,143) Repayment of borrowings (9,492) (4,962) (21,755) New bank loans and finance leases 41,940 4,507 22,570 Dividends paid to ordinary shareholders (27,953) (23,282) (22,821) Dividends paid to minorities (93) (9,366) (9,655) Proceeds on issue of new shares net of expenses 268 2,907 121,034 Net cash (used in)/from financing activities (7,906) (56,970) 56,230 Net movement in cash and cash equivalents (321,304) (58,807) 247,553 Cash and cash equivalents at beginning of period 682,353 455,758 455,758 Exchange differences on cash and cash equivalents (16,756) (1,257) (20,958) Cash and cash equivalents at end of period 344,293 395,694 682,353

Cash and cash equivalents is made up as follows: Cash and cash equivalents 345,397 396,716 686,499 Bank overdrafts (1,104) (1,022) (4,146) 344,293 395,694 682,353

Page 18: - Dimension Data H1 results

CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUI TY Share

capital and premium

Total other reserves*

Retained earnings

Attributable to equity holders

of parent

Minority interests

Total equity

$’000 $’000 $’000 $’000 $’000 $’000 1 October 2007 196,165 261,703 104,079 561,947 128,242 690,189

Profit for the period - - 55,881 55,881 11,022 66,903

Items recognised directly in equity

(3,972)

(14,575)

(38,580)

(57,127)

(8,791)

(65,918)

Share incentive schemes

-

7,522

-

7,522

-

7,522

Deferred tax on share incentive schemes

-

1,307

-

1,307

-

1,307

Settlement of share schemes

-

(7,556)

(12,866)

(20,422)

-

(20,422)

Currency adjustments - (20,902) - (20,902) (1,517) (22,419)

Deferred tax arising on revaluation of loans

-

415

-

415

-

415

Dividends paid - - (23,282) (23,282) (4,244) (27,526)

Shares issued 2,907 - - 2,907 - 2,907

Net movement in shares held in Employee Trust

(6,879)

-

-

(6,879)

-

(6,879)

Subsidiaries acquired/changes in holdings

-

-

-

-

(3,030)

(3,030)

Net gains on cash flow hedging

-

2,429

-

2,429

-

2,429

Movement in investment valuations

-

(429)

-

(429)

-

(429)

Transfers to income statement

-

291

-

291

-

291

Other - (84) - (84) - (84)

Transfers - 2,432 (2,432) - - -

31 March 2008 192,193 247,128 121,380 560,701 130,473 691,174

Page 19: - Dimension Data H1 results

Share capital

and premium

Total other

reserves*

Retained earnings

Attributable to equity holders

of parent

Minority interests

Total equity

$’000 $’000 $’000 $’000 $’000 $’000

1 October 2007 196,165 261,703 104,079 561,947 128,242 690,189

Profit for the period - - 118,410 118,410 22,629 141,039

Items recognised directly in equity

108,625

(38,819)

(39,962)

29,844

(12,660)

17,184

Share incentive schemes

-

14,982

-

14,982

-

14,982

Deferred tax on share incentive schemes

-

(3,409)

-

(3,409)

-

(3,409)

Share option reserve utilised

-

(5,943)

(15,595)

(21,538)

-

(21,538)

Currency adjustments - (44,176) - (44,176) (7) (44,183)

Deferred tax arising on revaluation of loans

-

702

-

702

-

702

Dividends paid - - (22,821) (22,821) (4,529) (27,350)

Shares issued 121,032 - - 121,032 - 121,032

Shares held in Employee Trust

(12,407)

-

-

(12,407)

-

(12,407)

Subsidiaries acquired/changes in holdings

-

-

-

-

(10,742)

(10,742)

Vesting under BEE scheme

-

(2,507)

-

(2,507)

2,507

-

Net gain on cash flow hedging

-

340

-

340

-

340

Transfers to income statement

-

(405)

-

(405)

-

(405)

Other - 51 - 51 111 162

Transfers - 1,546 (1,546) - - -

30 September 2008 304,790 222,884 182,527 710,201 138,211 848,412

Page 20: - Dimension Data H1 results

Share

capital and premium

Total other

reserves*

Retained earnings

Attributable to equity holders

of parent

Minority interests

Total equity

$’000 $’000 $’000 $’000 $’000 $’000

1 October 2008 304,790 222,884 182,527 710,201 138,211 848,412

Profit for the period - - 65,997 65,997 5,610 71,607

Items recognised directly in equity

34,489

(60,517)

(57,005)

(83,033)

(105,117)

(188,150)

Share incentive schemes

-

11,164

-

11,164

-

11,164

Deferred tax on share incentive schemes

-

(2,695)

-

(2,695)

-

(2,695)

Share option reserve utilised

-

(14,421)

(31,207)

(45,628)

-

(45,628)

Currency adjustments - (54,142) - (54,142) (1,788) (55,930)

Dividends paid - - (27,953) (27,953) (93) (28,046)

Shares issued 268 - - 268 - 268

Net movement in shares held in Employee Trust

34,221

-

-

34,221

-

34,221

Subsidiaries acquired/changes in holdings

-

-

-

-

(103,236)

(103,236)

Movement on cash flow hedging

-

(783)

-

(783)

-

(783)

Transfers from income statement

-

998

-

998

-

998

Other - 1,517 - 1,517 - 1,517

Transfers - (2,155) 2,155 - - -

31 March 2009 339,279 162,367 191,519 693,165 38,704 731,869

* Other reserves principally comprise consolidation reserves arising prior to the unbundling of the underlying assets into the Company at the time of its LSE listing in 2000.

Page 21: - Dimension Data H1 results

NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCI AL STATEMENTS For the six months ended 31 March 2009 1. BASIS OF PREPARATION Statutory financial information The unaudited interim results have been prepared in accordance with accounting policies and methods of computation based on International Financial Reporting Standards (IFRS’s) as adopted by the European Union, and presented in terms of IAS 34 ‘Interim Financial Reporting’. The unaudited interim results have been prepared on a basis consistent with the accounting policies set out in the Dimension Data Holdings plc Annual Report for the year ended 30 September 2008. The tax charge on underlying business performance is calculated by reference to the estimated effective tax rate for each jurisdiction for the full year 2009. Tax on disposal and exceptional items is based on the expected tax impact of each item. The preparation of the interim financial statements in conformity with the Group’s accounting policies requires the Directors to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the balance sheet date, and the reported amounts of revenue and expenses during the reported period. Whilst these estimates and assumptions are based on the Directors’ best knowledge of the amount, events or actions, actual results may differ from those estimates. The unaudited interim condensed consolidated financial statements for the six months ended 31 March 2009, which were approved by the Board of Directors on 12 May 2009 and which include certain comparative information with respect to the year ended 30 September 2008, do not constitute statutory accounts within the meaning of section 435 of the Companies Act 2006 (‘the Act’). Full accounts for the year ended 30 September 2008, prepared in accordance with International Financial Reporting Standards, incorporating an unqualified independent auditors’ report, which did not include a reference to any matters to which the auditors draw attention by way of emphasis of matter, have been filed with the Registrar of Companies and did not contain a statement under section 498(2) or (3) of the Act. The Group has a balance of businesses globally. Historically, the Northern hemisphere operations have, ignoring underlying growth trends, reflected a bias of trading towards the first half of the financial year, and our Southern hemisphere businesses towards the second half. In recent periods, at a Group level, on balance there has been a slight bias in trading towards the second half of the year, although there is no guarantee that in an uncertain economic environment this trend will continue. The Group's business activities, together with the factors likely to affect its future development, performance and position are set out in the Chief Executive Officer’s and Chief Financial Officer’s reviews. The financial position of the Group, its cash flows, liquidity position and borrowing facilities are described in the Chief Financial Officer’s review and in the financial statements and notes. The Directors believe that the Group is well placed to manage its business risks successfully despite the current uncertain economic outlook. After making enquiries, the Directors have a reasonable expectation that the Company and the Group have adequate resources to continue to operate for the foreseeable future. Accordingly, they continue to adopt the going concern basis in the interim financial statements. Exchange rates The following table reflects the average and period end exchange rates against the US dollar for SA rand, Australian dollar, Sterling and Euro:

Page 22: - Dimension Data H1 results

Six months ended

31 March 2009 Six months ended

31 March 2008 Year ended

30 September 2008

Average Period

End

Average Period

End

Average Period

End Australian dollar 1.489 1.456 1.105 1.090 1.098 1.251 Euro 0.760 0.750 0.669 0.633 0.659 0.699 South African rand 9.743 9.526 7.244 8.123 7.518 8.290 Sterling 0.677 0.697 0.495 0.501 0.507 0.553

This interim report is available on the website dimensiondata.com Copies of this report are being sent to shareholders, and are available to the public at the Company’s registered office, Dimension Data House, Building 2, Waterfront Business Park, Fleet Road, Fleet, Hampshire GU51 3QT, United Kingdom. 2. SEGMENTAL ANALYSIS

Americas Asia Australia Europe

Middle East & Africa

Central & other

Inter- Company

sales Total $’000 $’000 $’000 $’000 $’000 $’000 $’000 $’000 Six months ended 31 March 2009

Revenue 262,967 314,189 461,016 528,454 502,396 11,955 (130,869) 1,950,108 Operating profit*

2,291

25,928

18,036

13,665

35,751

(6,873)

88,798

Six months ended 31 March 2008

Revenue 349,261 353,787 511,303 577,377 511,794 12,169 (144,479) 2,171,212 Operating profit

8,431

23,481

19,164

8,109

40,432

(14,601)

85,016

Twelve months ended 30 September 2008

Revenue 690,835 719,601 1,146,094 1,152,860 1,112,067 19,412 (330,229) 4,510,640 Operating profit

19,570

44,203

40,376

21,902

88,442

(32,279)

182,214

*Before exceptional items.

Page 23: - Dimension Data H1 results

3. EXCEPTIONAL INCOME/(COSTS) Note Six months

ended 31 March 2009

Six months ended

31 March 2008

Year ended

30 September 2008 $’000 $’000 $’000 Exceptional operating costs Campus finance restructure a) (1,334) - - Total exceptional operating costs (1,334) - - Other exceptional gains b) - 3,691 4,064 Exceptional tax Deferred tax credit a) 9,946 - - Total exceptional tax 9,946 - - Exceptional items after tax 8,612 3,691 4,064 Minorities’ share (1,354) - - Net exceptional income 7,258 3,691 4,064

a) In H1 2009, the Group, in conjunction with the lending banks and in agreement with the

South African taxation authorities (‘SARS’), restructured the financing arrangement underpinning the Campus land and buildings in South Africa. In concluding the restructuring, the Group made payment to the lending banks of $1.3 million, which refunded certain rebates received in prior periods. Pursuant to the restructuring, SARS allowed Dimension Data a once off tax deduction of $40.5 million. This deduction, net of temporary differences raised previously on the structure, results in a deferred tax asset to the Group of $9.9 million.

b) Profit on sale of the Group’s 92.3% interest in Automate to Britehouse. Reconciliation of reported amounts to adjusted amounts

Six months ended

31 March 2009

Six months ended

31 March 2008

Year ended

30 September 2008 $’000 $’000 $’000 Statutory operating profit 87,464 85,016 182,214 - Exceptional operating costs 1,334 - - Adjusted operating profit 88,798 85,016 182,214 Statutory attributable profit after tax 65,997 55,881 118,410 - Exceptional operating costs 1,334 - - - Other exceptional gains and losses - (3,691) (4,064) - Exceptional tax credits (9,946) - - - Minorities’ share 1,354 - - Adjusted attributable profit after tax 58,739 52,190 114,346

Page 24: - Dimension Data H1 results

4. TAX

Six months ended

31 March 2009

Six months ended

31 March 2008

Year ended

30 September 2008 $’000 $’000 $’000 Current tax 24,234 23,692 47,369 Deferred tax – current period (8,597) (3,098) 1,678 Deferred tax – prior periods (7) 2,291 (1,074) Total tax expense 15,630 22,885 47,973 This expense relates predominantly to tax jurisdictions outside of the United Kingdom. 5. DIVIDENDS PER SHARE A final dividend of 1.7 cents per share was paid on 13 March 2009. No interim dividend is proposed. 6. EARNINGS PER SHARE Six months

ended 31 March 2009

Six months ended

31 March 2008

Year ended

30 September 2008 ‘000 ‘000 ‘000 Weighted average number of ordinary shares:

- for basic earnings per share 1,679,316 1,526,817 1,540,733 - for diluted earnings per share 1,725,566 1,650,092 1,616,202 $’000 $’000 $’000 Earnings for basic and diluted earnings per share

65,997

55,881

118,410

Exceptional items (7,258) (3,691) (4,064) Adjusted earnings 58,739 52,190 114,346 US cents US cents US cents Basic earnings per share 3.9 3.7 7.7 Diluted earnings per share 3.8 3.4 7.3 Adjusted basic earnings per share 3.5 3.4 7.4 Adjusted diluted earnings per share 3.4 3.2 7.1 The weighted average number of ordinary shares in issue excludes the shares held by the Employee Share Trust.

Page 25: - Dimension Data H1 results

7. TRADE AND OTHER RECEIVABLES

31 March 2009 31 March 2008 30 September 2008 $’000 $’000 $’000 Trade receivables 675,019 832,847 804,676 Other receivables 60,735 105,968 84,835 Prepayments and accrued income 194,279 157,866 184,809 Taxation authorities 28,898 23,360 23,390 958,931 1,120,041 1,097,710 Analysed as follows: Long term portion 34,359 49,432 38,163 Short term portion 924,572 1,070,609 1,059,547 958,931 1,120,041 1,097,710

8. TRADE AND OTHER PAYABLES

31 March 2009 31 March 2008 30 September 2008 $’000 $’000 $’000 Trade payables 368,908 452,314 536,213 Other payables 131,476 164,356 144,330 Accruals 227,823 282,235 299,791 Deferred income 257,675 200,936 231,004 Deferred consideration - - 1,035 Taxation authorities 120,288 131,072 134,740 1,106,170 1,230,913 1,347,113

9. ACQUISITIONS AND DISPOSALS On 22 July 2008 Dimension Data and Datacraft Asia Limited (‘Datacraft’) jointly announced that they had entered into an agreement whereby Datacraft would become a wholly-owned subsidiary of Dimension Data. On 15 October 2008 the Datacraft shareholders voted in favour of the offer by Dimension Data to purchase the remaining 44.9% interest that it did not already own. On 6 November 2008 the Court sanctioned the scheme and the Datacraft shares were delisted on 11 November 2008, whereafter the cash consideration was settled. In terms of the transaction, which was effected by way of a Scheme of Arrangement under Singapore law, shareholders were offered $1.33 per share – a 34% premium to Datacraft’s closing share price of $0.99 on 21 July 2008. The total cost of the acquisition was approximately $281 million, and was financed by cash, part of which was raised by an equity issuance. The goodwill on the acquisition amounted to approximately $183 million. During the period, the Group made two other small acquisitions of subsidiaries, Teksys (100%) and Bluefire (65%), for an aggregate consideration of $4.0 million and $4.9 million for the non recovery of a shareholder’s loan. This resulted in $7.0 million being recognised as goodwill on acquisition. The net assets and liabilities for these acquisitions amounted to $1.3 million and $0.9 million, respectively. Teksys and Bluefire were acquired effective January 2009 and October 2008 respectively. These acquisitions have been accounted for on a provisional basis. They did not have a significant impact on the reported results. 10. POST BALANCE SHEET EVENTS There have been no material events requiring disclosure after balance sheet date and up to the date of approval of these condensed financial statements.

Page 26: - Dimension Data H1 results

11. CONTINGENT ASSETS AND LIABILITIES The Group is subject to claims which arise in the ordinary course of business. Each claim is evaluated by management, together with their legal advisers, and a decision made on whether financial settlement is probable, in which case appropriate provisions are made. There have been no material changes in contingent assets or liabilities since the year end. 12. RELATED PARTY TRANSACTIONS

There were no changes during the period in the related party transactions described in the last Annual Report that could have a material effect on the financial position or performance of the Group. 13. JSE LIMITED REQUIREMENTS

Disclosure of headline earnings per share is a requirement for entities listed on the JSE Limited in South Africa and as a result, the Group has calculated and presented a headline earnings reconciliation below. Headline earnings are arrived at in terms of the guidance in Circular 8/2007 issued by the South African Institute of Chartered Accountants. Six months

ended 31 March 2009

Six months ended

31 March 2008

Year ended

30 September 2008 ‘000 ‘000 ‘000 Weighted average number of ordinary shares:

- for headline earnings per share 1,679,316 1,526,817 1,540,733 - for diluted headline earnings per share 1,725,566 1,650,092 1,616,202 $’000 $’000 $’000 Earnings for basic and diluted earnings per share

65,997

55,881

118,410

Net loss on disposal of property, plant and equipment

1,308

1,197

1,559

Other gains and losses and (profit)/loss on disposal of subsidiaries

14

(4,826)

(4,666)

Revaluation of investment property (2,181) (3,632) (8,528) Tax and minority effects 857 1,149 3,021 Headline earnings 65,995 49,769 109,796 US cents US cents US cents Headline earnings per share 3.9 3.3 7.1 Diluted headline earnings per share 3.8 3.0 6.8 The adjustments for headline earnings include the revaluation of the Campus investment property, profits and losses on the sale of subsidiaries and the loss on sale of property, plant and equipment, net of tax and minorities.

Page 27: - Dimension Data H1 results

CAUTIONARY STATEMENT

This Interim Management Report (‘IMR’) has been pre pared solely to provide additional information to shareholders to assess the Group’s s trategies and the potential for those strategies to succeed. The IMR should not be relie d on by any other party or for any other purpose.

The IMR contains certain forward looking statements . These statements are made by the Directors in good faith based on the information av ailable to them up to the time of their approval of this report and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward looking information.

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

We confirm that to the best of our knowledge:

a) the condensed set of financial statements which has been prepared in accordance with IAS 34, gives a true and fair view of the assets, liabilities, financial position and profit of Dimension Data Holdings plc, as required by DTR 4.2.4R;

b) the interim management report includes a fair review of important events during the first six months and a description of the principal risks and uncertainties for the remaining six months of the year, as required by DTR 4.2.7R; and

c) the interim management report includes a fair review of the disclosure of related parties’ transactions and changes therein, as required by DTR 4.2.8R.

By order of the Board

Brett Dawson Dave Sherriffs

Chief Executive Officer Chief Financial Officer

12 May 2009

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INDEPENDENT REVIEW REPORT TO DIMENSION DATA HOLDING S PLC We have been engaged by the Company to review the condensed set of financial statements in the half-yearly financial report for the six months ended 31 March 2009 which comprises the condensed consolidated income statement, the condensed consolidated balance sheet, the condensed consolidated statement of changes in equity, the condensed consolidated cash flow statement and related notes 1 to 13. We have read the other information contained in the half-yearly financial report and considered whether it contains any apparent misstatements or material inconsistencies with the information in the condensed set of financial statements. This report is made solely to the Company in accordance with International Standards on Review Engagements (UK and Ireland) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’ issued by the Auditing Practices Board. Our work has been undertaken so that we might state to the Company those matters we are required to state to them in an independent review report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company, for our review work, for this report, or for the conclusions we have formed. Directors' responsibilities The half-yearly financial report is the responsibility of, and has been approved by, the Directors. The Directors are responsible for preparing the half-yearly financial report in accordance with the Disclosure and Transparency Rules of the United Kingdom’s Financial Services Authority. As disclosed in note 1, the annual financial statements of the Group are prepared in accordance with IFRS’s as adopted by the European Union. The condensed set of financial statements included in this half-yearly financial report has been prepared in accordance with International Accounting Standard 34, ‘Interim Financial Reporting’, as adopted by the European Union. Our responsibility Our responsibility is to express to the Company a conclusion on the condensed set of financial statements in the half-yearly financial report based on our review. Scope of review We conducted our review in accordance with International Standards on Review Engagements (UK and Ireland) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity’ issued by the Auditing Practices Board for use in the United Kingdom. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing (UK and Ireland) and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the condensed set of financial statements in the half-yearly financial report for the six months ended 31 March 2009 is not prepared, in all material respects, in accordance with International Accounting Standard 34 as adopted by the European Union and the Disclosure and Transparency Rules of the United Kingdom's Financial Services Authority. Deloitte LLP Chartered Accountants and Statutory Auditors 12 May 2009 London United Kingdom

Page 29: - Dimension Data H1 results

Enquiries: Dimension Data Holdings plc Jeremy Ord, Chairman Brett Dawson, Chief Executive Officer David Sherriffs, Chief Financial Officer Karen Cramer, Investor Relations (UK) Mobile: +(44) 793 202 0296 Office: +(44) 20 7651 7017 [email protected] Kevin Handelsman, Investor Relations (SA) Office: +(27) 11 575 3632 Mobile: +(27) 82 453 9945 [email protected] Internet address: www.dimensiondata.com Press enquiries: Hilary King Global PR Manager Dimension Data Holdings plc Mobile: +(27) 82 414 9623 Office: +(27) 11 575 3632 [email protected]