Dimension Data Holdings plc preliminary results for year ended 30 September 2006

Dimension Data Holdings plc (Dimension Data or the group), a leading global technology group, today announced its results for the year ended 30 September 2006.

The results have been prepared in accordance with International Financial Reporting Standards.

* Robust revenue growth - up by 15.9% to $3.1 billion
* Gross margin 21.1% (2005: 21%)
* Operating profit (adjusted) (1) up by 50% to $85 million (2005: $56.7 million)
* Earnings per share 2.7 cents (2005: 1 cent)
* Earnings per share (adjusted) (1) up 150% to 2 cents (2005: 0.8 cents)
* Maiden dividend of 1 cent per share
* Strong growth in network convergence - network integration, converged communications and security lines of business up by 13.6%, 31.3% and 25.4% respectively
* Ratio of overheads (adjusted) (1) to revenue improved to 18.4% (2005: 18.9%)
* Solid regional performances from Africa, Asia, the US and Australia
* Operating margin (adjusted) (1) up by 0.7% to 2.8%
* Effective tax rate (adjusted) (1) improved to 37.7% (2005: 49.1%)
* Cash and cash equivalents $347.9 million at 30 September 2006 (2005: $416.6 million)

* Successful execution of our solutions lines of business strategy
* Robust revenue growth with effective cost control, delivering improved operating leverage

Dimension Data today reported group revenue growth of 15.9% to $3.1 billion. Group operating profit increased by 50% from $56.7 million in 2005 to $85 million and group operating margin increased from 2.1% to 2.8%.

The growth in revenue reflects a 13.6% increase in the network integration line of business and an overall good performance from our solutions lines of business.

Commenting on the results, Brett Dawson, CEO, Dimension Data said: "Our momentum as a profitable and growing company continued during FY06. We generated significant revenue growth in our network integration, converged communications and security lines of business. Our clients' adoption of convergence - voice, video and data communications across a single, robust network - helped to drive our success. The solid performance in FY06 is a result of the hard work and commitment of our exceptionally skilled employees."

Africa's revenue grew by 16% with services revenue increasing by 12.5%. Reported operating profit improved from $43.4 million in 2005 to $62.4 million, and the operating margin increased from 8.9% to 9.5%. Overall gross margin improved from 29.4% in 2005 to 29.9% this period.

Commenting on the African results, Allan Cawood, CEO for Dimension Data in Africa, said: "The strong results for the African business are a reflection of our solid execution and ongoing focus to delivering beyond our clients' expectations. This has been possible due to an employee base that is committed to technical excellence, and linking technology solutions to business benefits."

Cawood continued: "During the year Dimension Data became the sole shareholder of Internet Solutions and Plessey. This, combined with the new market opportunities resulting from both the deregulation of the telecommunications sector, and the growing demand for a converged network, further enhances our market offering and our ability to deliver improved telecommunications services throughout the continent. The realisation of our African strategy continued apace during the past year with African hubs established in Nigeria to service West Africa and Kenya to service East Africa. The combined offerings and capabilities of Dimension Data, Internet Solutions and Plessey, are now unparalleled on the African continent."

Looking forward for the group, Dawson commented: "We will continue to invest significantly as we develop innovative solutions and services to meet the growing market demand for new communication solutions that can deliver cost-efficiencies, improved productivity, and new revenue streams for our clients."

"The network platform becomes vital in a converged world, and must be interoperable with all devices and all communications methods that any user wants to utilise. This presents significant opportunities across Dimension Data's chosen market segments, most notably network integration, converged communications, security and operating environments and messaging."

(1) Unless otherwise indicated, comparisons are to the equivalent prior period being the 12 months ended 30 September 2005. All references to $ are to US$.
(2) See note under "Basis of Accounting" regarding a change in the recognition of revenue in respect of certain transactions in the RNS announcement which can be found on dimensiondata.com.
(3) After adjusting for the impact of currency movements, and excluding acquisitions and disposals not fully accounted for in either the current period or the comparable period.

To view the SENS, please go to www.dimensiondata.com.