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 Group“)

FURTHER CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcements released on SENS, the last of which was released on 22 September 2020 advising that negotiations regarding the disposal of the Financial Services division are still ongoing and if successfully concluded, may have a material effect on the price of the Company’s securities.

Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company’s securities until a full announcement is made.

Johannesburg
4 November 2020

Sponsor
PSG Capital