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Fri 15 Sep 2006, 17:20 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:                                                      
Item 1                                                                          
Name of director:                   Thendo Ratshitanga                          
Date of transaction:                14 September 2006                           
Nature of transaction:              Options Exercised                           
Number of shares:                   23 000                                      
Strike price:                       1300 cents                                  
Approval obtained                   Yes                                         
Item 2                                                                          
Name of director:                   Thendo Ratshitanga                          
Date of transaction:                14 September 2006                           
Nature of transaction:              Sold                                        
Price:                              2325 cents                                  
Number of shares:                   23 000                                      
Class of security:                  Ordinary                                    
Nature of interest:                 Direct Beneficial                           
Approval obtained:                  Yes                                         
15 September 2006                                                               
Date: 15/09/2006 05:20:13 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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