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Fri 24 Feb 2012, 15:16 ADR - Adcorp Holdings Limited - Director`s dealings in securities
ADR
ADR                                                                             
ADR - Adcorp Holdings Limited - Director`s dealings in securities               
Adcorp Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1974/001804/06)                                            
("Adcorp" or "the Company")                                                     
Share code: ADR ISIN:ZAE000000139                                               
DIRECTOR`S DEALINGS IN SECURITIES                                               
In compliance with paragraph 3.63 to 3.74 of the JSE Listings Requirements, the 
following award to the executive directors of Adcorp was approved by the        
Remuneration and Nominations Committee in respect of off-market award of        
performance shares:                                                             
Name of director:                  RL Pike                                      
Date of transaction:               22 February 2012                             
Nature of transaction:             Performance Shares                           
Number of shares:                  150 000                                      
Allocated Price:                   2752 cents                                   
Total value:                       R4 128 000                                   
Vesting date:                      22 February 2014                             
Nature of interest:                Direct Beneficial                            
Accepted:                          Yes                                          
Clearance received:                Yes                                          
Name of director:                  PC Swart                                     
Date of transaction:               22 February 2012                             
Nature of transaction:             Performance Shares                           
Number of shares:                  125 000                                      
Allocated Price:                   2752 cents                                   
Total value:                       R3 440 000                                   
Vesting date:                      22 February 2014                             
Nature of interest:                Direct Beneficial                            
Accepted:                          Yes                                          
Clearance received:                Yes                                          
Name of director:                  C Bomela                                     
Date of transaction:               22 February 2012                             
Nature of transaction:             Performance Shares                           
Number of shares:                  65 000                                       
Allocated Price:                   2752 cents                                   
Total value:                       R1 788 800                                   
Vesting date:                      22 February 2014                             
Nature of interest:                Direct Beneficial                            
Accepted:                          Yes                                          
Clearance received:                Yes                                          
Name of director:                  AM Sher                                      
Date of transaction:               22 February 2012                             
Nature of transaction:             Performance Shares                           
Number of shares:                  85 000                                       
Allocated Price:                   2752 cents                                   
Total value:                       R2 339 200                                   
Vesting date:                      22 February 2014                             
Nature of interest:                Direct Beneficial                            
Accepted:                          Yes                                          
Clearance received:                Yes                                          
24 February 2012                                                                
Bryanston                                                                       
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
Date: 24/02/2012 15:16:01 Produced by the JSE SENS Department.                  
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