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Tue 24 Oct 2006, 9:58 Adcorp - Directors dealing in securities
ADR
 ADR                                                                             
Adcorp - 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:             Henry Barenblatt                                  
Date of transaction:          23 October  2006                                  
Nature of transaction:        Sold                                              
Price:                        2450 cents                                        
Number of shares:             87096                                             
Value of transaction:         21338520                                          
Class of security:            Ordinary                                          
Nature of interest:           Direct Beneficial                                 
Approval obtained:            Yes                                               
24 October 2006                                                                 
Date: 24/10/2006 09:58:41 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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