Exhibit 10.27


                          DATATEC SHARE OPTION SCHEME

                                   Adopted by

                                DATATEC LIMITED
                       (Registration No. (1994/005004/06)

       CONFORMED COPY REFLECTING AMENDMENTS MADE ON 29 SEPTEMBER 2003 AND
           ALL PREVIOUS AMENDMENTS TO THE DATATEC SHARE OPTION SCHEME


1.   INTERPRETATION AND PRELIMINARY

     The heading of the clauses in this agreement are for the purpose of
     convenience and reference only and shall not be used in the interpretation
     of nor modify nor amplify the terms of this agreement nor any clause
     hereof. Unless a contrary intention clearly appears -

     1.1. words importing -

          1.1.1.  any one gender include the other two genders;

          1.1.2.  the singular include the plural and vice versa; and

          1.1.3.  natural person include created entities (corporate or
                  unincorporate) and the state and vice versa;

     1.2. the following terms shall have the meanings assigned to them
          hereunder and cognate expressions shall have corresponding meanings,
          namely -

          1.2.1.  "the auditors" means the auditors for the time being of the
                  company;

          1.2.2.  "beneficiary" means any employee to whom an option has been
                  granted but if the trustees contemplated in clause 1.2.9 are
                  granted an option, means the employee concerned;

          1.2.3.  "capitalisation issue" means the issue of share on a
                  capitalisation of the company's profits and/or reserves
                  (including the share premium account and the capital
                  redemption reserve fund);

          1.2.4.  "the company" means DATATEC LIMITED;

          1.2.5.  "the directors" means the board of directors for the time
                  being of the company or any committee thereof to whom the
                  powers of the directors in respect of the scheme are
                  delegated in terms of the company's articles of association;


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          1.2.6.  "employee" means anyone employed by the company (including
                  non-executive directors) or any of its subsidiaries or any
                  partnership (of which the company or any subsidiary is a
                  partner having an equity interest of not less than 20%
                  (twenty per centum)), or any associated company in which the
                  company or any of its subsidiaries has an equity interest of
                  not less than 20% (twenty per centum);

          1.2.7.  "retrenched employee" means an employee whose employment has
                  been terminated by the company by reason of its being surplus
                  to the requirements of the company;

          1.2.8.  "the JSE" means the Johannesburg Stock Exchange;

          1.2.9.  "offeree" means an employee and/or the trustees nomine
                  officio of a trust established primarily for the benefit of
                  the employee and/or one or more of his immediate relations,
                  namely the employee's spouse or his descendants (including an
                  adopted descendant) nominated in terms of the provisions of
                  the scheme to be granted and option;

          1.2.10. "option" means an option to subscribe for shares in the
                  company granted in terms of this scheme;

          1.2.11. "the option date" means the date upon which an option is
                  granted to an offeree;

          1.2.12. "ordinary share" or "share" means an ordinary share in the
                  capital of the company;

          1.2.13. "option price" means the 30 (thirty) day average of the
                  closing market price of the ordinary share immediately
                  preceding the option date but always subject to a minimum
                  price of 200c;

          1.2.14. "retired employee" means any former employee who is a
                  beneficiary on his retirement and has retired at or after the
                  normal retirement age (as laid down in the company's pension
                  fund regulations from time to time), or, with the approval of
                  the directors, prior to the normal retirement age;

          1.2.15. "rights issue" means the offer of any securities of the
                  company or of any other body corporate to all ordinary
                  shareholders of the company pro rata to their holdings;

          1.2.16. "the scheme" means the scheme as set out in this deed, as
                  amended from time to time in terms hereof;


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          1.2.17. "scheme share" means any share in respect of which an option
                  has been granted but not yet exercised;

          1.2.18. "the trust" means the DATATEC SHARE TRUST;

     1.3. any reference to an enactment is to that enactment as at the date of
          signature hereof and as amended or re-enacted from time to time;

     1.4. if any provision in a definition is a substantive provision
          conferring rights or imposing obligations on any party,
          notwithstanding that it is only in the definition clause, effect
          shall be given to it as if it were a substantive provision in the
          body of the agreement;

     1.5. when any number of days is prescribed in this agreement, same shall
          be reckoned exclusively of the first and inclusively of the last day
          unless the last day falls on a Saturday, Sunday or public holiday, in
          which case the last day shall be the next succeeding day which is not
          a Saturday, Sunday or public holiday;

     1.6. where figures are referred to in numerals and in words, if there is
          any conflict between the two, the words shall prevail;

     1.7. expressions defined in this agreement shall bear the same meanings in
          schedules or annexures to this agreement which do not themselves
          contain their own definitions;

     1.8. reference to day/s, month/s or year/s shall be construed as Gregorian
          calendar day/s, month/s or year/s.


2.   PURPOSE

     The scheme is intended as an incentive to employees to promote the
     continued growth of the company by giving them an opportunity to acquire
     shares therein.


3.   ORDINARY SHARES AVAILABLE FOR THE SCHEME

     3.1. The aggregate number of ordinary shares reserved for the scheme is
          15% (fifteen per centum) of the issued share capital from time to
          time.


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     3.2. The aggregate number of fully paid ordinary shares in respect of
          which any employee may hold options from time to time in terms of the
          scheme shall not exceed such amount taking into account any shares
          offered to the employee under the trust which have not at that time
          been paid for in full, as may be determined from time to time by the
          directors of the company, (and, if the JSE's requirements so provide,
          determined in conjunction with the JSE,) provided that no such
          maximum imposed shall be less, in respect of any offeree, than the
          number of shares in respect of which such offeree has already been
          granted options prior to that date. The present maximum for any one
          employee is shares aggregating at the time of the granting of such
          options not more than 1.5% (one decimal five per centum) of the
          issued share capital of the company.. The limit shall be adjusted in
          such manner as the auditors certify is fair and reasonable in their
          opinion as a result of -

          3.2.1.  the sub-division or consolidation of ordinary shares; or

          3.2.2.  the issue of additional ordinary shares whether by way of a
                  capitalisation of the company's profits and/or reserves
                  (including the share premium account and the capital
                  redemption reserve fund), or a rights issue.


4.   ELIGIBILITY

     4.1. Employees shall be eligible to participate in the scheme only if and
          to the extent that options are granted to them and/or the trusts
          contemplated in clause 1.2.9.

     4.2. The directors in their sole discretion may from time to time by
          resolution resolve to which of the employees options shall be granted
          in terms of the scheme. Every such resolution shall specify the name
          of the employee, the number of shares in respect of which the option
          is being granted and the option date.

     4.3. Such option shall be granted by delivery to the option holder
          concerned of an option in the form approved by the directors from
          time to time.


5.   THE OPTIONS

     5.1. An option shall be granted at the option price.

     5.2. An option shall be governed by the provisions of this deed, to which
          the option holder shall strictly adhere.

     5.3. The options are irrevocably granted for a period of 10 (ten) years
          after the option date, but subject to any relevant terms of this
          deed.

     5.4. An option is personal to and only capable of being exercised by the
          relevant offeree (or the executor of the deceased estate of the
          employee concerned).


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     5.5. No beneficiary may sell or otherwise dispose of, transfer, cede or
          pledge or otherwise encumber any options granted to him in terms of
          the scheme, provided that such beneficiary may at any time transfer
          all or any of the options granted to him in terms of the scheme to
          trustees of a family trust of the beneficiary. For the purposes of
          this clause 5.5:

          5.5.1   a family trust shall mean a trust whether arising under a
                  settlement, declaration of trust, testamentary disposition or
                  on an intestacy which does not permit any of the property of
                  such family trust or the income therefrom to be applied
                  otherwise than for the benefit of the beneficiary and/or such
                  beneficiary's spouse (or widow or widower) and/or the
                  beneficiary's children;

          5.5.2   the options transferred pursuant to clause 5.5.1 shall not be
                  capable of being exercised by any person other than the
                  trustees of the family trust;

          5.5.3   where options are held by the trustees of a family trust
                  pursuant to the provisions of this clause 5.5:

                  5.5.3.1   such options shall on any change of such trustees of
                            the family trust be transferred to the new trustees
                            of such family trust;

                  5.5.3.2   if and whenever such beneficiary under the scheme's
                            rules ceases to be a trustee and/or beneficiary of
                            such family trust, the trustees of the family trust
                            shall be deemed immediately to have transferred the
                            options to the original beneficiary under the
                            scheme's rules; and

                  5.5.3.3   if and whenever such beneficiary under the scheme's
                            rules ceases to be a trustee and/or beneficiary of
                            such family trust, and the trustees of the family
                            trust have exercised the options held by such
                            trustees of such family trust pursuant to the
                            provisions of clause 5.5.2, the trustees of the
                            family trust shall be deemed immediately to have
                            transferred any shares they acquired as a result of
                            such exercise of the options to the original
                            beneficiary under the scheme's rules.

     5.6. Each option may only be exercised in respect of 100 (one hundred)
          shares or multiples thereof at a time, or in full.

     5.7. If a beneficiary wishes to exercise an option, he may do so only in
          writing within the period stipulated and shall sign such written
          exercise provided that after his death, such written exercise may be
          signed by the executor of his estate. Such written exercise of the
          option must be delivered to the secretary of the company, must be
          accompanied by the option price for the shares in respect of which
          that exercise relates or by an instruction to sell the shares or
          sufficient thereof to meet the beneficiary's obligations arising from
          the exercise in terms of the scheme, and if it is not signed by the
          beneficiary personally, must be accompanied


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          by proof, to the satisfaction of the directors, of the authority of
          the signatory. The option shall only be regarded as exercised on the
          day the shares relating to the option are listed on the JSE, provided
          that if the beneficiary instructs the company to dispose of any of
          the shares on his behalf on the business day immediately following
          their listing at ruling market prices on that date, the exercise date
          in respect of those shares sold shall be deemed to be the date of
          disposal by the company. If the beneficiary concerned fails to
          deliver the option price in respect of the shares in respect of which
          an option has been exercised to the secretary of the company,
          simultaneously with the written exercise of the option, such exercise
          shall be of no effect, unless the company has been instructed to
          dispose of such shares on behalf of the employee.

     5.8. An option may only be exercised whether or not the beneficiary has
          retired after the expiration of 1 (one) year from the option date in
          question in respect of 25% (twenty five per centum) of the shares
          subject to the option, after the expiration of 2 (two) years in
          respect of a further 25% (twenty five per centum) of such shares
          subject to the option, after the expiration of 3 (three) years in
          respect of a further 25% (twenty five per centum) of the shares
          subject to the option and after the expiration of 4 (four) years from
          the option date in respect of the remaining shares subject to the
          option (it being recorded that such percentages shall be carried
          forward on a cumulative basis), other than in the following
          circumstances -

          5.8.1.  the directors shall be entitled if in their opinion special
                  circumstances exist and in consequence of which they consider
                  it reasonable to permit the exercise of the option (in whole
                  or in part) prior to the date on which it could be otherwise
                  exercised, to permit such exercise;

          5.8.2.  if so determined by the directors, at any time after an offer
                  to all shareholders of the company (other than the offeror)
                  to acquire their shares, or a scheme of arrangement between
                  the company and its shareholders (or any class of them), or
                  any other scheme or arrangement including the sale,
                  re-organisation or reconstruction of the company's share
                  capital by virtue of which control of the company would pass,
                  becomes unconditional (whether in its original or revised
                  form), or is sanctioned by court, as the case may be;

          5.8.3.  a beneficiary shall be entitled to exercise any option in
                  full subject to it not having lapsed -

                  5.8.3.1.   within 12 (twelve) months after becoming a
                             retrenched employee subject to clause 5.8.3.3. If
                             the beneficiary does not exercise the option
                             within such period, it shall lapse;

                  5.8.3.2.   within 12 (twelve) months after the death of the
                             employee concerned even if, had the employee
                             concerned been alive, he would not have been
                             entitled to exercise the option (in


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                             whole or in part). If the estate does not exercise
                             the option within such 12 (twelve) month period,
                             it shall lapse;

                  5.8.3.3.   in the case of a retrenched employee his right to
                             exercise shall be limited to those options capable
                             of exercise in terms of clause 5.8 together with
                             those options becoming so capable within 6 (six)
                             months of the date of written notice of
                             retrenchment.

     5.9.  An option shall lapse -

           5.9.1.  as contemplated in clause 5.8; or

           5.9.2.  if an employee ceases to be an employee, other than on his
                   death or on his becoming a retired employee or on his
                   becoming a retrenched employee or for any other reason that
                   the directors may in their absolute discretion consider valid
                   but excluding a cessation on grounds which justify summary
                   dismissal at common law;

           5.9.3.  if the interest of a beneficiary in an option is attached
                   under any circumstances whatever and the directors pass a
                   resolution to the effect; or

           5.9.4.  if not duly exercised by the tenth anniversary of the option
                   date;

           5.9.5.  if not duly exercised by the person contemplated in clause
                   5.4.

     5.10. The shares in respect of which an option is exercised shall be fully
           paid, rank pari passu with the existing ordinary shares and shall be
           allotted and issued by the directors within 14 (fourteen) days after
           the exercise of the option. The directors shall use their best
           endeavours to procure that a listing is granted in respect of the
           shares on the stock exchanges on which the company's shares are
           listed and quoted.

     5.11. For the purposes hereof, an employee shall be deemed to cease to be
           employed -

           5.11.1. if there are grounds which would have justified a summary
                   dismissal of the employee at common law and the directors
                   elect to rely on them, on the date upon which such grounds
                   arose; or otherwise

           5.11.2. on the day on which notice of termination of his employment
                   is given.


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6.   SALE OF SHARES

     6.1. After a beneficiary has exercised any option and paid the option
          price in respect of those scheme shares, such beneficiary shall not
          be entitled to sell any such shares without the prior written consent
          of the directors, save as follows and in such event only after
          notifying the directors of the company in writing, other than in the
          following circumstances -

          6.1.1.  up to 25% (twenty five per centum) after the 1 (one) year as
                  from the option date;

          6.1.2.  up to a further 25% (twenty five per centum) after 2 (two)
                  years as from the option date;

          6.1.3.  up to a further 25% (twenty five per centum) after 3 (three)
                  years as from the option date;

          6.1.4.  up to the balance after 4 (four) years as from the option
                  date, it being recorded that the aforementioned provisions
                  shall apply on a cumulative basis, other than in the
                  following circumstances :-

                  6.1.4.1.   as contemplated in clause 6.2;

                  6.1.4.2.   if so determined by the directors, at any time
                             after an offer to all shareholders of the company
                             (other than the offeror), to acquire their share,
                             or a scheme of arrangement between the company and
                             its shareholders (or any class of them), or any
                             other scheme or arrangement including the sale,
                             re-organisation or reconstruction of the company's
                             share capital by virtue of which control of the
                             company would pass, become unconditional (whether
                             in its original or revised form), or is sanctioned
                             by court, as the case may be;

                  6.1.4.3.   a beneficiary (or his executor) shall be entitled
                             to sell any shares in respect of which an option
                             has been duly exercised-

                             (a)  within 12 (twelve) months after becoming a
                                  retired employee or a retired employee or a
                                  retrenched employee;

                             (b)  within 12 (twelve) months after the death of
                                  the employee concerned.

     6.2.

          6.2.1.  Notwithstanding the provisions of clause 6.1, if a
                  beneficiary ceases to be an employee (within the meaning of
                  that term as


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                  defined) by reason of death, serious incapacity, serious
                  disability or for any other reason that the directors may
                  in their absolute discretion consider valid but excluding
                  the summary dismissal of such beneficiary on grounds which
                  justify summary dismissal at common law then, within 60
                  (sixty) days thereafter, such beneficiary or his executor,
                  as the case may be, shall be entitled, by written notice to
                  the directors, to require them to permit him to sell all or
                  any of the shares which were originally scheme shares but
                  which had since been fully paid for and which are owned by
                  such beneficiary at that time.

          6.2.2.  If a beneficiary ceases to be an employee (within the meaning
                  of that term as defined) by reason of the summary dismissal
                  of such beneficiary (or if grounds existed which would have
                  entitled the company to summarily dismiss the employee and
                  the directors elect to rely on them), then he shall not enjoy
                  the rights referred to in clause 6.2.1.

7.   ADJUSTMENT ON REORGANISATION OF COMPANY OR SHARE CAPITAL

     7.1. If the company, at any time before any option is duly exercised -

          7.1.1.  is put into liquidation for the purposes of reorganisation;
                  or

          7.1.2.  is a party to a scheme of arrangement affecting the structure
                  of its share capital; or

          7.1.3.  ceases to retain a nominal value for its shares; or

          7.1.4.  reduces its capital; or

          7.1.5.  splits or consolidates its shares; or

          7.1.6.  is a party to a reorganisation; or

          7.1.7.  has a capitalisation or rights issue; or

          the auditors shall, if they are requested to do so by the directors,
          be entitled in writing to effect such adjustments to the option price
          in respect of the scheme shares as they shall consider fair and
          reasonable in the circumstances, subject (where necessary) to the
          sanction of the court. The auditors shall act as experts and not as
          arbitrators and their decision shall be final and binding.

     7.2. If the company is placed in liquidation otherwise than in terms of
          clause 7.1 above, this scheme and any options granted hereunder which
          have not been exercise at the date, shall ipso facto lapse from the
          date of liquidation.

For the purpose hereof "date of liquidation" shall mean the date upon which any
application (whether provisional or final) for the liquidation of the company
is lodged at the relevant court.


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8.   TAKE OVER OF COMPANY

     8.1. If an offer is made or a scheme of arrangement proposed by virtue of
          which control of the company would pass to another person or company,
          then in addition to the provisions of clause 5.8.2, the directors
          shall use their best endeavours to procure that the same or a similar
          offer be made or scheme of arrangement proposed, as the case may be,
          to all beneficiaries in respect of all scheme shares.

     8.2. If control of the company passes to another person or company as a
          result of a take over or reconstruction or amalgamation which makes
          provision for beneficiaries to be granted options in respect of
          shares to be issued by such other person or in such other company on
          terms, in the opinion of the auditors (acting as experts and not as
          arbitrators and whose decision shall be final and binding), not less
          favourable than those on which the beneficiaries are entitled to
          exercise their options (taking into account any rights issues), the
          beneficiaries shall be obliged to accept options in respect of shares
          in such other company on such terms in lieu of the existing options.


9.   DISPUTE

     Any dispute arising under this scheme shall be referred to the auditors
     (acting as experts and not as arbitrators) who shall make a decision in
     respect thereof and whose decision shall be final and binding on all
     parties to the dispute.


10.  AMENDMENTS

     10.1. This deed may be amended from time to time by the directors but -

           10.1.1. the terms of any option or conditions of allotment of any
                   scheme share may not be altered without such consent on the
                   part of the beneficiaries concerned (treated as a separate
                   class) as would be required under the company's articles of
                   association for a variation or cancellation of the rights
                   attached to the scheme shares in question;

           10.1.2. if so required, the consent of the JSE shall be obtained;

           10.1.3. no amendment in respect of the following matters shall
                   operate unless such amendment has received the approval of
                   the company in general meeting -

                   10.1.3.1.   the persons who may become beneficiaries under
                               the scheme;

                   10.1.3.2.   an amendment to the provisions of clauses 1.2.6,
                               1.2.10, 1.2.13, 5.3, 5.5, 5.7, 5.8, 5.9, 6 and 8.


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     10.2. Notwithstanding the provisions of clause 10.1, if it should become
           necessary or desirable by reason of the enactment of any new act or
           regulation at any time after the signing of this scheme, to amend the
           provisions of the scheme so as to preserve the substance of the
           provisions contained herein but to amend the form so as to achieve
           the objectives embodied herein in the best manner having regard to
           such new legislation, the directors may amend this scheme accordingly
           but without prejudice to the beneficiaries concerned.

     10.3. Notwithstanding anything to the contrary herein or elsewhere
           contained should it from time to time become necessary or desirable,
           by reason of the company obtaining or wishing to apply for a listing
           on any Stock Exchange in addition to and other than its listing upon
           The Johannesburg Stock Exchange to amend the provisions of this
           scheme so as to enable it to comply with the requirements of such
           other Stock Exchange or to be more readily acceptable within the area
           of jurisdiction of such Stock Exchange, then the directors may amend
           this scheme accordingly but not so as to prejudice any beneficiaries
           existing at the time of such amendment.


11.  DISCLOSURE IN ANNUAL FINANCIAL STATEMENTS

     The company shall disclose in its annual financial statements -

     11.1. the number of shares and of debentures for the option scheme;

     11.2. the number of options granted to beneficiaries which have yet to be
           exercised;

     11.3. the number of options exercised during such financial year;

     11.4. if the company is listed on the JSE such other disclosure as may be
           required in terms of the rules of the JSE from time to time.


12.  ISSUE OF SHARES TO ANY PARTY

     The company shall be entitled at any time to issue new shares to any party
     on such terms and conditions as the directors may determine. None of the
     beneficiaries (nor their representatives nor their successors-in-title)
     shall have any action of whatsoever nature arising from any such issue of
     shares to any party.


THUS DONE and SIGNED at _____________________ on this _________ day of
________________ 2004.


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AS WITNESSES

1.


2. ______________________
Director


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