Resignation of MR Ramaite

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

CHANGE TO THE BOARD OF DIRECTORS

In compliance with the JSE Limited Listings Requirements, shareholders are advised that Mr MR Ramaite has resigned as an alternate non-executive director of Adcorp with effect from 2 January 2019 due to his many commitments outside of Adcorp.

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

Bryanston
18 December 2018

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited