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Tue 6 Sep 2005, 18:01 Adcorp Holdings Limited - Directors Dealing
Adcorp Holdings Limited - Directors Dealing 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                                           
Directors Dealing In Securities                                                 
In compliance with rule of 3.63 to 3.74 of the JSE Listing Requirements, the    
following should be noted:                                                      
Name of director:              Francis Khubedu (Director of a                   
                               major subsidiary company)                        
Date of transaction:           2  September  2005                               
Nature of transaction:         Options Exercised                                
Number of shares:              30 000                                           
Strike price:                  1180 cents                                       
Nature of interest             Direct Beneficial                                
Approval obtained:             Yes                                              
Name of director:              Francis Khubedu                                  
Date of transaction:           2 September, 2005                                
Nature of transaction          Sold                                             
Average Price:                 22 80 cents                                      
Number of shares:              30 000                                           
Class of security:             Ordinary                                         
Nature of interest:            Direct Beneficial                                
Approval obtained:             Yes                                              
Name of director:              Shelly Bartie (Director of major subsidiary      
                               company)                                         
Date of transaction:           2 September 2005                                 
Nature of transaction:         Options Exercised                                
Number of shares:              7500                                             
Strike price:                  1200 cents                                       
Nature of interest:            Direct Beneficial                                
Approval obtained              Yes                                              
Name of director:              Shelly Bartie                                    
Date of transaction:           2 September, 2005                                
Nature of transaction          Sold                                             
Average Price:                 2280 cents                                       
Number of shares:              7500                                             
Class of security:             Ordinary                                         
Nature of interest:            Direct Beneficial                                
Approval obtained:             Yes                                              
Name of director:              Siyabonga Zungu                                  
Date of transaction:           2nd September  2005                              
Nature of transaction:         Options Exercised                                
Number of shares:              25000                                            
Strike price:                  750 cents                                        
Nature of interest:            Direct Beneficial                                
Approval obtained:             Yes                                              
Name of director:              Siyabonga Zungu                                  
Date of transaction:           2 September, 2005                                
Nature of transaction          Sold                                             
Average Price:                 22 80 cents                                      
Number of shares:              25000                                            
Class of security:             Ordinary                                         
Nature of interest:            Direct Beneficial                                
Approval obtained:             Yes                                              
Date: 06/09/2005 05:15:09 PM
Produced by the JSE SENS Department                                             
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