1. DATATEC GROUP UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31AUGUST 2004 Jens Montanana CEO

2. DATATEC GROUP Trading Environment General market conditions have remained stable, greater demand for IT products and services is evident in the US and Asia-Pac, Europe remains weak Latest results and guidance from the leading manufacturers such as Cisco, IBM and HP have been mixed, while current performance seems to be improving, the outlook remains uncertain Revenues met or exceeded expectations in all major divisions H1performance impacted by Westcon performance in Q2

3. DATATEC GROUP Performance Highlights Continued strengthening of the balance sheet, cash position and profitability Westcon’s revenues grew over 20% Logicalis’ first operating profit in three years Doubled size of consulting group with Analysys-Mason merger Westcon’s IPO process temporarily suspended due to environment

4. DATATEC GROUP Revenue $1.25 B 1H 05 $1.13 B 1H 04 2H 04 $1.22 B

5. DATATEC GROUP Revenue By Regions North America 53.0% South America 1.2% Europe 36.5% Asia 6.2% South Africa+ME 3.1%

6. DATATEC GROUP Gross Margin $124.72 M 1H 05 $142.23 M 1H 04 2H 04 $133.19 M

7. DATATEC GROUP EBITDA $10.25 M 1H 05 $12.32 M 1H 04 2H 04 $11.47 M

8. DATATEC GROUP Total Headline Profit / (Loss) Per Share (Restated) (6.29)(0.40) US Cents 1H 042H 041H 05 0.10

9. DATATEC GROUP Net Cash Cash position remains strong Shows investment into working capital – revenue growth $97.40 M 1H 05 $99.66 M 1H 04 2H 04 $88.70 M

10. DATATEC GROUP Segmental Analysis Revenue 86% 2% 12% Gross Margin 67% 6% 27% Westcon AMG Logicalis EBITDA 73% 15% * 12% * Excludes $1.68 M non trading EBT closure costs

11. DATATEC GROUP Prospects Modest growth in corporate IT spend Improved operating profits from all subsidiaries Volatile tax rate

12. WESTCON GROUP RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2004

13. WESTCON GROUP Highlights Consolidated revenue grows 21.4% over comparable period Revenue increases across all divisions and geographic regions Unexpected drop in gross margins to 7.6% from 8.9% (mainly as a result of Europe)

14. WESTCON GROUP Highlights FOREX losses declined SG&A decreased to 6.6% from 6.8% Non-recurring exceptional costs of $8 million

15. WESTCON GROUP Actions Initiated New Westcon Group CEO Reorganisation and streamlining of senior management Rationalisation of warehouse facilities in US and Europe Steps taken with key vendors to enhance margins

16. WESTCON GROUP Historical Six Month Period Sales – US GAAP (Includes intercompany revenue relating to non-Westcon group Datatec subsidiaries) Mar-AugSep-FebMar-AugSep-FebMar-AugSep-FebMar-Aug 2002200320042005 931 756 781 767 969 903 798 807 842 880 1,004 1,065 0 100 200 300 400 500 600 700 800 900 1,000 1,100 $

17. WESTCON GROUP Consolidated Sales by Vendor % Cisco51.7%53.3%57.0%57.3% Nortel11.6%10.6%10.0%11.3% Avaya11.5%10.3%8.8%9.0% Security10.6%11.1%10.2%9.0% IP Devices14.6%14.7%14.0%13.4% Total100.0%100.0%100.0%100.0% (% of total revenue) Vendor 2H03 1H04 2H04 1H05

18. Americas58%57%54%55% Europe37%37%40%38% Asia Pacific5%6%6%7% Total100%100%100%100% (% of total revenue) WESTCON GROUP Consolidated Sales by Geography Region 2H03 1H04 2H04 1H05

19. Americas499401432439 Europe711604509486 Asia-Pac118128124129 Consolidated1,3281,1321,0651,054 WESTCON GROUP Headcount by Region Region 2H03 1H04 2H04 1H05

20. WESTCON GROUP Consolidated Results – IFRS – As Reported Sales $831$860$981$1,044 Gross Profit 73768679 Gross Profit %8.8%8.9%8.8%7.6% SG&A59586869 SG&A %7.1%6.8%6.9%6.6% EBITDA 14181810 EBITDA %1.7%2.1%1.9%1.0% Dep & Amort2511135 D&A %3.0%1.3%1.3%0.5% Interest Exp, Net1133 Int Exp %0.2%0.1%0.4%0.3% Pre-tax Income (Loss) (12)622 Pre-tax % (1.5)%0.7%0.2%0.2% Note: Excludes Datatec Intercompany transactions (US $, in millions) 2H03 1H04 2H04 1H05

21. WESTCON GROUP Operational Improvement Plan Plan to improve gross margins and return Europe to profitability by applying the proven US model to Europe The plan will be implemented over the next two quarters and could cost up to $4 million

22. (US $, in millions) 2H03 1H04 2H04 1H05 Accounts Receivable$236$255$311$299 DSO (days)51546053 Inventory$171$175$222$204 Inventory Turns9.0x9.0x7.8x9.3x Accounts Payable$278$303$364$285 DPO (days)66707755 Current Ratio1.51.51.51.5 WESTCON GROUP Consolidated Balance Sheets – Working Capital – US GAAP Note: DSO, DPO, and inventory turns calculated using trailing twelve month amounts.

23. (US $, in millions) 2H03 1H04 2H04 1H05 WESTCON GROUP Consolidated Balance Sheets – Capitalization – US GAAP Cash$141$133$114$99 Working Capital Debt 72638497 Datatec Intercompany Loan35353838 Net (Debt) / Cash 3436(8)(36) Equity261268284279 Debt to Capitalization0.290.270.300.33 Liabilities to TNW1.611.681.871.65

24. WESTCON GROUP Net Cash Trend - FY 2000 to Current Note: Amounts noted on graph represent the average net debt during FY 01, 02, 03, 04 and 05 to date. -$350,000,000 -$300,000,000 -$250,000,000 -$200,000,000 -$150,000,000 -$100,000,000 -$50,000,000 $0 $50,000,000 $100,000,000 Feb- 00 May- 00 Aug- 00 Nov- 00 Feb- 01 May- 01 Aug- 01 Nov- 01 Feb- 02 May- 02 Aug- 02 Nov- 02 Feb- 03 May- 03 Aug- 03 Nov- 03 Feb- 04 May- 04 Aug- 04 Net Cash ($224,336,852) ($139,544,122) ($59,842,704) ($30,701,555) ($87,655,105)

25. WESTCON GROUP Future Outlook Vendors increasingly committed to distribution Voice and convergence markets growing; traditional voice and data switching and routing markets steady Customer base stable Group-wide program implemented to increase future operating income performance

26. LOGICALIS GROUP RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 2004

27. LOGICALIS Highlights First operating profit recorded in over three years Revenues up 12% sequentially (2% on comparative basis) Margins steady Operating expenses tightly controlled US producing a stronger performance Working capital effectively managed (DSO at 41 days) Launched focused services division in UK Acquisition of STI in the USA completed 1 September 2004 – $90M IBM partner

28. LOGICALIS Financial Performance - Summary Notes: 1) Includes Datatec level inter-company transactions which eliminate on Datatec consolidation 2) The exceptional profit arises on the sale of the Australian and New Zealand operations Trading in the first half of FY2005 has produced an operating profit

29. LOGICALIS Revenue (continuing operations) North America comprises two-thirds of continuing operations (% of revenue) Regions 1H04 2H041H05 UK24.5%27.9%25.9% Germany1.9%1.7%1.6% North America70.2%65.9%67.8% South America3.4%4.5%4.7% 100.0%

30. LOGICALIS Revenue Streams (continuing operations) Revenue mix consistent Note: Continuing operations exclude Australia and New Zealand Product 77% Prof Services 8% Maintenance 7% Managed Services 8% 1H041H05 Product 76% Prof Services 8% Maintenance 8% Managed Services 8%

31. LOGICALIS Gross Margin % (continuing operations) Gross margin percentages held relatively steady - mix change impact in US Aug 2003 Feb 2004 Note: Continuing operations exclude Australia and New Zealand 5% 10% 15% 20% 30% 35% UK Germany North America South America Aug 2004 25% Total 6 months to

32. LOGICALIS EBITDA ($000 - continuing operations) A stronger performance from the US with the UK improving Note: Continuing operations exclude Australia and New Zealand $’000 Aug 2003 Feb 2004 (1,000) (500) 0 500 1,000 2,000 2,500 UKGermanyNorth AmericaSouth America Aug 2004 1,500 6 months to

33. LOGICALIS Key Financial Measures Working capital remains effectively managed Note: 1 Aug 2003 and Feb 2004 figures include Australia and New Zealand These operations held net cash of $2M at Aug 2003 and $3M at Feb 2004 2 August 2004 net cash includes $41.7M after disposal of Australia/New Zealand operations and repayment of Datatec long term debt 1H04 2H041H05 Deferred Revenue ($000) 18,46720,22417,506 Inventory ($000) 16,25016,76611,622 Inventory Turns (excluding spares stock) 171417 Accounts Receivable ($000) 46,90248,09737,138 DSO Days474341 Accounts Payable ($000) 40,376 42,568 37,667 DPO Days717379 Net Cash ($000) 18,02625,79764,991

34. Americas490469448452 Europe280226211207 Asia-Pac330344324- Consolidated1,1001,039983659 LOGICALIS Headcount by Region Region 2H03 1H04 2H04 1H05

35. LOGICALIS Key Product Vendors (Product Revenue %) HP and Cisco remain our dominant vendors – Cisco stronger in first half of FY2005 Note: Continuing operations IBM EMC Others HP Cisco Sep-02Feb-03Aug-03 Feb-04 Aug-04 %

36. LOGICALIS Recent Important Wins US – Exxon Mobile – large IBM win ($1.5M) US – Swiss Re Insurance – new customer for IBM solutions ($1.5M) US – LA County Sheriff – strong municipal reference story ($7.0M) UK – Haringey Council – won against 3Com and another Cisco partner ($943K) UK – Canada Life – VOIP single converged network structure ($808K) UK/South America – Major cross border education project won in UK, delivered by South American operations ($909K) South America – Multi-country contract with major oil company ($1.6M)

37. LOGICALIS Prospects Acquisition of STI in USA will yield benefits - improves critical mass - creates a better balanced business UK services division gaining momentum South American operations now stable after difficult economic times Markets remain challenging and competitive Seeking to make further acquisitions, but based on strict criteria Cautiously optimistic for continuing performance improvement

38. ANALYSYS MASON GROUP

39. ANALYSYS MASON GROUP Overview Analysys Mason Group Consultancy Contact Centre & Change Mgt Consultants Analysys Consulting Analysys Research Mason Communications Catalyst IT Partners Telecommunications Consultants & Implementation Independent Telecommunications research Strategic Telecommunications Consultants The Analysis Mason Group is an umbrella consultancy powerhouse Created in August 2004 with a projected first year turnover of £35m 300 staff based in 4 UK offices (London, Cambridge, Edinburgh and Manchester) and France, Ireland, Italy, Spain and the USA Management own 14% (max of 24% in future)

40. ANALYSYS MASON GROUP Highlights Significant recovery since Mason restructured in Jan 04 Telecoms operators now spending again on consultancy services Rate pressures of recent years beginning to ease Mason turnover + 12% on 1H04 After reductions in infrastructure cost, Mason EBITDA + 53% on 1H04 Charge to close Employee Benefit Trust (EBT) due to AMG merger Annualised integration savings of approx £400k which will only impact next financial year

41. ANALYSYS MASON GROUP Financial Performance £000% % % % Turnover9,598895010,493 Cost of sale6,84857207,420 Gross profit2,75028.7%32336.1%00.0%3,07329.3% Operating costs1,993267292,289 EBITDA7577.9%566.3%-290.0%7847.5% Depreciation668074 PBIT6917.2%485.4%-290.0%7106.8% Interest paid/(received)10-41824 Profit before tax6817.1%525.8%-470.0%6866.5% Note - The above results excludes the Mason EBT closure. MasonAnalysysAMG CompanyAMG Consolidated 1H05 1H05 Performance (6 mths Mason – 1mth Analysys)

42. ANALYSYS MASON GROUP Joint Bids Development Agency - a regional planning instrument and toolkit Development Agency - commercial and technical options for a national broadband network Development Agency - commercial and technical due diligence Ofcom - allocating available spectrum within VHF band III and L-Band Ofcom - Cost Benefit assessment of Ultra Wide Band

43. ANALYSYS MASON GROUP Prospects Steady recovery taking place in Telecoms sector Increasing demand from operators across a range of issues including; implementation, support, business planning, consolidation and triple play (voice, data & TV) Continuing global diversification Identifying new cross-selling opportunities among the new Group’s existing clients Should achieve further growth in revenues and margins in the second half