DICKER DATA LIMITED — M&A Activity 2014

Feb 10, 2014

10 February 2014

Manager of Company Announcements ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

By E-­‐Lodgement

**DICKER

DATA LIMITED ACQUIRES EXPRESS DATA HOLDINGS PTY LTD Express Data Australia, New Zealand & Express Online Acquired By Dicker Data**

The Directors of Dicker Data Limited (ASX: DDR) are pleased to announce that DDR has today entered into a Share Purchase Agreement to acquire 100% of the issued capital of Express Data Holdings Pty Ltd. The acquisition includes both the Australian and New Zealand operations and Express Online.

The acquisition is fully funded by Westpac Banking Corporation.

DDR’s acquisition of Express Data Holdings Pty Ltd is scheduled to complete on 01 April 2014, subject to certain conditions being met.

The acquisition involves the provision of financial assistance and this will require the approval of DDR shareholders at an Extraordinary General Meeting which is expected to take place mid March 2014.

For and on behalf of the Board,

==> picture [143 x 31] intentionally omitted <==

David Dicker Chairman & CEO

**About

Express Data Holdings**

Incorporated on October 1, 1996, Express Data employs over 380 staff across Australia and New Zealand and is the most important player in the enterprise networking space. For more information, see www.expressdata.com.au

**About

Dicker Data Limited**

Dicker Data Limited was listed on the Australian Stock Exchange on January 24, 2011. Since its listing, the company has achieved record trading results. The Company is Australia’s largest and longest established Australian owned distributor of Information Technology products. Its vendors include Hewlett-­‐Packard, Lenovo, Microsoft, Toshiba, Samsung, ASUS and other major brands. The Company’s clients include over 2,600 value added resellers. For more information, see www.dickerdata.com.au