Further cautionary announcement

ADCORP HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1974/001804/06
Share code: ADR & ISIN: ZAE000000139
(“Adcorp” or “the Company“)

FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement released on SENS on 1 July 2020, advising that Adcorp has entered into negotiations regarding the disposal of the Financial Services division and Dare Australia, which, if successfully concluded, may have a material effect on the price of the Company’s securities.

As these negotiations are still ongoing, shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a full announcement is made.

Johannesburg
13 August 2020

Sponsor
PSG Capital