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Fri 14 Feb 2014, 16:56 ADCORP HOLDINGS LIMITED - Acquisition of securities
ADR 201402140040A
Acquisition of securities

Adcorp Holdings Limited 
Registration number 1974/001804/06 
Share code: ADR ISIN number: ZAE000000139
(“Adcorp” or “the Company”)

Acquisition of securities by Kagiso Asset Management Proprietary Limited (“KAM”)

In accordance with section 122(3)(b) of the Companies Act, 
No. 71 of 2008 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 KAM, has acquired  an interest in the securities 
of the Company, such that the total interest in the securities of the Company
 held by KAM has increased to 5.9% of the total issued share capital of the Company.

Bryanston
14 February 2014

Sponsor: Deloitte & Touche Sponsor Services (Pty) Limited                        

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