Trading statement for the year ended 30 June 2008

Issued by Redline a division of DRAFTFCB for Faritec Group

Johannesburg, 06 Aug 2008

In terms of the listings requirements of the JSE Limited, companies are required to publish a trading statement as soon as there is a reasonable degree of certainty that the financial results for the period to be reported upon next will differ by at least 20% from that of the previous corresponding period.

Faritec accordingly advises that it expects headline earnings per share (HEPS) and earnings per share (EPS) to be between 10.5 cents and 11.5 cents, an increase of between 18% and 29% for HEPS reported for the prior comparative period and an increase of between 24% and 35% for EPS reported for the prior comparative period.

The financial results on which this trading statement has been based have not been reviewed or reported on by the company's auditors. The financial results of the company will be published on or about 9 September 2008.

Faritec

Faritec is a leading black empowered IT services and solutions company listed on the JSE Securities Exchange South Africa. Providing the most customer-centric technology solutions, Faritec combines intellectual capital, resources, technology and business processes to provide tailor-made IT solutions with the objective of assisting customers to manage their businesses more effectively.

For more information, please visit www.faritec.com.

Editorial contacts