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Thu 7 Jan 2010, 7:05 AIP - Adcock - Further cautionary announcement relating to the proposed Broad-
AIP
AIP                                                                             
AIP - Adcock - Further cautionary announcement relating to the proposed Broad-  
Based Black Economic Empowerment Transaction  to be undertaken by Adcock        
Adcock Ingram Holdings Limited                                                  
(Incorporated in the Republic of South Africa)                                  
Registration number 2007/016236/06                                              
ISIN: ZAE000123436                                                              
Share code: AIP                                                                 
("Adcock")                                                                      
FURTHER CAUTIONARY ANNOUNCEMENT RELATING TO THE PROPOSED BROAD-BASED BLACK      
ECONOMIC EMPOWERMENT ("BEE") TRANSACTION (THE "TRANSACTION") TO BE UNDERTAKEN BY
ADCOCK                                                                          
Shareholders are referred to the detailed cautionary announcement released on   
SENS on 24 November 2009, in which Adcock announced the key terms of the        
Transaction, which will facilitate the introduction of additional BEE equity    
participation in Adcock.                                                        
A further announcement will be published on SENS and in the press once the full 
terms, the salient dates and the financial effects of the Transaction have been 
finalised. Accordingly, Adcock shareholders are advised to continue to exercise 
caution when dealing in their Adcock shares, until a further announcement is    
made.                                                                           
7 January 2010                                                                  
Midrand                                                                         
Merchant bank and transaction sponsor                                           
RAND MERCHANT BANK (a division of FirstRand Bank Limited)                       
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Legal advisor                                                                   
Read Hope Phillips Thomas & Cadman Inc.                                         
Communications advisor                                                          
Brunswick Group LLP                                                             
Date: 07/01/2010 07:05:02 Produced by the JSE SENS Department.                  
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