On 15 July 2010, Nippon Telegraph and Telephone Corporation (“NTT”) Dimension Data Holdings plc (“Dimension Data” or “DiData”) announced that they have reached agreement on the terms of a cash offer to be made by NTT for 100% of Dimension Data. The offer, totalling approximately GBP 2.1 billion (R24.4 billion), was unanimously recommended by both Boards of Directors.

NTT, one of the largest global telecommunications service providers in the world, has limited presence in certain emerging markets where Dimension Data is very strong, specifically Africa and the Middle East. The transaction is a huge vote of confidence in DiData, South African and Africa, and the rationale of both parties is to capitalise on the significant growth opportunities that are unfolding.

Andile Ngcaba, Chairman of Dimension Data’s Middle East and Africa business (“DDMEA”), as well as of its minority shareholder Convergence Partners, is excited about the deal and how its positions DiData in this region. “With access to the resources, products and R&D of the NTT Group, DDMEA is better positioned than ever to grow its presence and capitalise on new and fast growing market opportunities, such as cloud computing. The deal is great for the country and the company”.

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Dimension Data, the $4 billion IT solutions and services provider, has achieved Global Certification from Cisco. This elite designation recognises Dimension Data as having fulfilled the training requirements and program prerequisites to sell, deploy and support Cisco® networking solutions around the globe. Dimension Data becomes one of four organisations with this elite status worldwide.

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At the ninth annual Metropolitan Oliver Empowerment Awards ceremony held on the 25th March 2010, Dimension Data was awarded the prestigious most empowered ICT company award.  The award recognised the significant strides taken by DiData in demonstrating its commitment to black economic empowerment, reflected in both its shareholding and employment equity practices. The chairman of Convergence Partners, Andile Ngcaba, is actively involved in driving the black economic empowerment strategy of the company in his role as executive chairman of Dimension Data Middle East and Africa. Convergence Partners, as the lead participant in the black economic empowerment consortium that partnered DiData, is proud to be associated with this achievement.

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The first in a series of regular articles to introduce certain key executives from across the Convergence Partners investment portfolio. Richard is the chief sales, solutions and marketing officer at Plessey and tells us a little about himself and shares some of his views on the ICT landscape in South Africa.

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Dimension Data once again proved its mettle across the African continent, winning the Top ICT Company in Africa Award at the 11^th African ICT Achievers Awards ceremony held on the 5^th December 2009.

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Dimension Data Middle East & Africa has acquired a 51% stake in Telcom (Morocco), representing a further step in the establishment of a strong presence across the continent. Telcom will be rebranded Dimension Data Morocco.

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Johannesburg, South Africa, Thursday, 12 July 2007 - In a move to grow its business on the African continent in the public and private sectors, Dimension Data plc today announced it has been granted Competition Commission approval to sell a stake in its Britehouse Group (Britehouse) to a BEE and investment company consortium.

The consortium comprises Convergence Partners Investments (Pty) Ltd, Safika Holdings (Pty) Ltd, and VenFin Limited.

In October last year, Dimension Data in South Africa announced it had consolidated its Microsoft Applications, SAP Application Development Practices and Paracon Holdings Ltd investment into a new entity, the Britehouse Group, and intended to sell a 30% stake in that business to Convergence Partners and Safika. VenFin was subsequently included as a financier in the transaction, bringing the total purchase stake by the consortium to 60%.

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Dimension Data Holdings PLC has today announced the formation of a new company – Britehouse Group.

In line with the ongoing convergence in the software applications space, Dimension Data in South Africa has consolidated its Microsoft Applications and SAP Application Development Practices into Britehouse Group (Britehouse), a new, black-empowered entity.

In line with the ongoing convergence in the software applications space, Dimension Data in South Africa has consolidated its Microsoft Applications and SAP Application Development Practices into Britehouse Group (Britehouse), a new, black-empowered entity.

A Black Economic Empowerment Consortium consisting of Convergence Partners Investments (Proprietary) Limited (a company headed by Andile Ngcaba) and Safika Holdings (Proprietary) Limited (an empowerment investment holding company) will purchase an effective 30% stake in Britehouse. The remaining shareholding of Britehouse will be held by a wholly owned subsidiary of Dimension Data Holdings PLC (Dimension Data PLC).

Britehouse which comprises a 57,6% stake in 3fifteen and 75% stake in Pebbletree Consulting – has a large concentration of SAP and Microsoft specialist skills. 3fifteen and Pebbletree Consulting were identified and incubated by Dimension Data’s venture capital business, Protocol Venture Capital (Pty) Ltd. The consolidation of these companies into a separate operating entity provides efficiencies, critical mass and autonomy.

3fifteen, a Microsoft Gold Partner, provides specialist Microsoft services including consulting, software application development and deployment. Earlier this year, the company was named as Microsoft’s 2006 Customer Experience Partner of the Year.

Pebbletree Consulting, a SAP Africa Service Partner and an SAP Africa SME Business Partner, provides strategic business consulting services in respect of SAP software, empowering organisations to optimise business performance using SAP as a platform.

Both 3fifteen and Pebbletree will retain their current management structures, operating independence and identities.

Dimension Data South Africa Pty Ltd’s investment in Paracon Holdings Limited has also been transferred to Britehouse. Paracon, a specialist IT contracting company, will provide the new entity with a flexible skills base to ensure an optimal structure.

Dimension Data’s core business is the provision and maintenance of the ICT infrastructure that supports the delivery of software applications to all parts of the enterprise. 3fifteen and Pebbletree excel in the area of software applications, which are network reliant, and thus a natural fit with Dimension Data’s ICT infrastructure expertise.

The consolidated carrying value of Britehouse is R98.9 million. The transaction is subject to various approval including regulatory approvals.

About Dimension Data

Dimension Data plc (LSE:DDT), a specialist IT services and solution provider, helps clients plan, build, support and manage their IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact centre technologies and its unique skills in consulting, integration and managed services to create customised client solutions.