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Fri 12 May 2006, 12:36 Adcorp Holdings Limited - Directors Dealing In Sec
ADR
 ADR                                                                             
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:                            Madodzi Liphosa                    
Date of transaction:                         11 May, 2006                       
Nature of transaction:                       Sold                               
Average Price:                               2675 cents                         
Number of shares:                            400                                
Class of security:                           Ordinary                           
Nature of interest:                          Direct Beneficial                  
Approval obtained:                           Yes                                
Date: 12/05/2006 12:36:17 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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