The Dimension Data Group Announces the Sale of Pro
The Dimension Data Group Announces the Sale of Proxicom Inc.
Dimension Data Holdings plc
Incorporated in the United Kingdom
Registration number 3704278
Issuer code: DIDDT
JSE Share Code: DDT
ISIN Code: GB0008435405
The Dimension Data Group Announces the Sale of Proxicom Inc.
JOHANNESBURG, March 12, 2004 - Dimension Data announces that it has sold its
web design and internet consulting business in the USA to an affiliate of Gores
Technology Group LLC, a private investment firm focused on investments in the
technology and telecommunications sectors, for an undisclosed amount. The sale
was completed on 12 March 2004. Proxicom Inc. was fully written down in
Dimension Datas financial statements by September 2003 and the transaction has
no material effect on the balance sheet or income statement of Dimension Data
for the current year.
Enquiries:
Media
Heidi Geldenhuys Brunswick (South Africa) (27) 11 268 5750 / (27) 83 325 8924
Tom Buchanan/Fiona Laffan Brunswick (UK) (44) 20 7404 5959
Investors/Analysts
Karen Cramer Dimension Data (UK) (44) 20 7651 7000 / (44) 793 202 0296
Sponsor
Merrill Lynch South Africa (Pty) Limited
Note to editors
Dimension Data Holdings plc (LSE: DDT) is a leading global technology company.
The Group provides solutions and services that optimise and manage the
performance of IT infrastructures to enable business to build competitive
advantage. To achieve this, the Group delivers solutions using its proprietary
`Application Network architectural framework and its expertise in networking,
application integration and managed services.
Dimension Data, founded in 1983, had revenues of $2.1 billion in 2003 and
operates in 30+ countries with over 7 500 employees. For more information,
please go to www.didata.com .
Date: 12/03/2004 05:00:02 PM Produced by the JSE SENS Depa
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