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Mon 30 Aug 2004, 16:23 Dealings in securities by directors
Adcorp Holdings Limited - Dealings in securities by directors                   
  Adcorp Holdings Limited                                                         
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1974/001804/06)                                            
  Share code: ADR                                                                 
  ISIN: ZAE000000139                                                              
  Dealings in securities by directors                                             
  In compliance with Rule 3.63 to 3.65 of the JSE Listings Requirements, the      
  following information is noted:                                                 
  Director                      :    NF Lilford                                   
  Date of transaction           :    30 August 2004                               
  Price per share               :    R15.25                                       
  Number of shares              :    36446                                        
  Class                         :    Ordinary shares                              
  Nature of transaction         :    Sold                                         
  Extent of interest            :    Full beneficiary                             
  Clearance obtained in terms                                                     
  of 3.66 of the                                                                  
  JSE Listings Requirements     :    Yes                                          
  Director                      :    M Liphosa                                    
  Date of transaction           :    30 August 2004                               
  Price per share               :    R15.00                                       
  Number of shares              :    355                                          
  Class                         :    Ordinary shares                              
  Nature of transaction         :    Sold                                         
  Extent of interest            :    Full beneficiary                             
  Clearance obtained in terms                                                     
  of 3.66 of the                                                                  
  JSE Listings Requirements     :    Yes                                          
  Director                      :    M Liphosa                                    
  Date of transaction           :    30 August 2004                               
  Price per share               :    R15.50                                       
  Number of shares              :    8145                                         
  Class                         :    Ordinary shares                              
  Nature of transaction         :    Sold                                         
  Extent of interest            :    Full beneficiary                             
  Clearance obtained in terms                                                     
  of 3.66 of the                                                                  
  JSE Listings Requirements     :    Yes                                          
  Melville                                                                        
  30 August 2004                                                                  
  Date: 30/08/2004 03:57:02 PM Produced by the JSE SENS Department
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