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Wed 11 Aug 2004, 17:08 RESIGNATION OF DIRECTOR
ADCORP HOLDINGS LIMITED - RESIGNATION OF DIRECTOR                               
  ADCORP HOLDINGS LIMITED                                                         
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1974/001804/06)                                            
  (`Adcorp`)                                                                      
  Share code: ADR    ISIN: ZAE000000139                                           
  RESIGNATION OF DIRECTOR                                                         
  In compliance with rule 3.59 to 3.62 of the JSE Securities Exchange South Africa
  Listings Requirements, shareholders are advised that Neil Frank Lilford has     
  resigned as an executive director from Adcorp, effective 31 August 2004.        
  Johannesburg                                                                    
  11 August 2004                                                                  
  Date: 11/08/2004 05:05:01 PM Produced by the JSE SENS Department                
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