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Thu 3 Dec 2009, 11:43 ADR - Adcorp Holdings Limited - Appointment of director
ADR
ADR                                                                             
ADR - Adcorp Holdings Limited - Appointment of director                         
Adcorp Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1974/001804/06)                                            
("Adcorp")                                                                      
Share code: ADR    ISIN: ZAE000000139                                           
Appointment of Director                                                         
In accordance with Section 3.59 of the JSE Limited Listings Requirements,       
shareholders are advised that Anthony Mark Sher has been appointed as Chief     
Financial Officer and financial director of Adcorp with effect from 2 December  
2009.                                                                           
Anthony holds the following qualifications: B.Comm, B.Acc, CA (SA), CFA         
After completing his articles at Grant Thornton, Anthony joined Liberty Life    
Properties in 1997 in the Investments & Developments Department where he gained 
experience in the project management arena. During 1998, together with partners,
Anthony co-formed a private financial services company (conducting business in  
the areas of equity arbitrage, corporate finance, private equity, debt          
origination and investment banking) where he held the role of Financial         
Director.                                                                       
In September 2000, Anthony joined SCMB Asset Management as the Banking &        
Insurance Analyst. Pursuant to the formation of STANLIB Asset Management in     
April 2002, Anthony was appointed to the position of Equity Analyst and Fund    
Manager of the small cap investment funds. After 7 years with STANLIB Asset     
Management, Anthony joined Ellerine Bros. (Pty) Ltd as the internal Investment  
Professional.                                                                   
During November 2009, Anthony joined Adcorp as the Head of Investor Relations   
and Corporate Finance where he assisted as the interim Chief Financial Officer. 
3 December 2009                                                                 
Bryanston                                                                       
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
(Registration number 1996/000034/07)                                            
Date: 03/12/2009 11:43:01 Produced by the JSE SENS Department.                  
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