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Sale of Adcorp shares by Sanlam

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

Sale 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 Sanlam Investment Management (Pty) Ltd acting as agent of its clients (“Sanlam”) has sold an interest in the securities of the Company, such that the total interest in the securities of the Company held by Sanlam has decreased to 4.98% 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.

27 February 2019

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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