Resignation of company secretary

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

RESIGNATION OF COMPANY SECRETARY

In compliance with the JSE Limited Listings Requirements, shareholders are advised that Mr. Kevin Fihrer has resigned as the company secretary of the Company with effect from 31 May 2019 in order to pursue his personal interests.

The board of Adcorp will commence the process of identifying a suitable replacement candidate and shareholders will be advised as soon as such an appointment has been made.

The board of directors extends their appreciation to Mr. Fihrer for his contribution to Adcorp and wishes him well in his future endeavours.

Bryanston
7 May 2019

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited