Purchase of Adcorp shares by Kagiso

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

Acquisition of securities

In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”) and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Adcorp has received formal notification in the prescribed form that Kagiso Asset Management (Pty) Ltd (“Kagiso”) has acquired an interest in the securities of the Company, such that the total interest in the securities of the Company held by Kagiso has increased to 15.24% of the total issued share capital of the Company.

As required in terms of section 122(3)(a) of the Act, the Company has filed the required notices with the Takeover Regulation Panel.

Bryanston
3 April 2019
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd