Detailed Operational Structure

Trakker (PVT) Ltd

Subsidiaries	%	Nature of Business			Divisions	Location of Operations
DigiCore Technology (Pty) Ltd	100	This company is responsible for the research and development of new products and maintenance of current hardware and software products for the DigiCore product range.				Centurion, South Africa
DigiCore Electronics (Pty) Ltd	100	This cmpany manufactures all DigiCore harware, loads associated software and distributes to more than 40 counties.				Pinetown, South Africa
DigiCore Fleet Management SA (Pty) Ltd	70	This South Africa-based company is regarded and the leading fleet management solutions provider, servicing more than 5 000 companies.  Distribution is through eight strategically placed branches throughout the country.				Centurion, Pretoria, Boksburg, Klerksdorp, Bloemfontein, Cape Town, Durban, George, Port Elizabeth, South Africa
Ctrack South Africa (Pty) Ltd	100	Ctrack SA provides superior and innovative mobile asset tracking management and information solutions fro vehicle owners locally.  It also manages a cellular divsion and the support centre.			Ctrack Secure DigiCore Support Centre DigiCore Cellular	Centurion, Boksburg, Roodepoort, Durban, Bellville, Menlyn, Soyth Africa
DigiCore Financial Services (Pty) ltd	100	This company enters into rental agreements with DigiCore customers and on-sells these agreements to financial institutions				Centurion, South Africa
DigiCore Properties (Pty) Ltd	100	This company owns the land and buildings used by the group and has rental agreements with fellow subsidiaries.				Centurion, South Africa
DigiCore International Holdings BV	100	Investment holding company of the foreign subsidiaries and owner of associate company Trakker (PVT) Limited (Pakistan).  This entity manages international operations including distributors in more than 40 countires.			DigiCore International (Pty) Ltd Ctrack UK Ltd DigiCore Europe BV	Papendrecht, Netherlands
Ctrack UK Ltd (Previously MPS 2010 Ltd)	100	Based in the United Kingdom, this subsidairy provides fleet management solutions for several high-profile clients like Royal Mail, Southern Water, Wessex Water and Wales & West Utilities.				London West Byfleet, United Kingdom, Leeds, Birmingham, Glasgow, Bristol, Dublin
DigiCore Europe BV	100	This Netherlands-based subsidiary provides fleet management solutions and distribtion serves in Europe.			Ctrack Benelux BV DigiCore Deutschland Gmbh Trakker (PVT) Ltd Ctrack France Sarl Ctrack Belguim Bvba	Papendrecht, Netherlands
Intergrated Fare Collection Services (Pty) Ltd	70	This subsidiarywill be used to roll out the fare collection solution to the taxi industry countrywide.				Centurion - South Africa
Associates
Trakker (PVT)Ltd	30	This assocate is based in Pakistan and provides vehicle tracking solutions.  It is widely regarded as the largest tracking company in the country.			Trakker Middle East	Karachi, Pakistan
Dedical (Pty) Ltd	35					Centurion - South Africa
Vehicle Management Systems (Pty) Ltd (VMS)	25	VMS purchased the business assts of Minorplanet Asia Pacific and has sucessfully launched into the region				Headquarters: Sydney, Australia Satellite Offices: Melbourne, Australia and Auckland, New Zealand