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ADR
 ADR                                                                             
Adcorp Holdings Limited - Company announcement                                  
Adcorp Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1974/001804/06)                                            
("Adcorp")                                                                      
Share code: ADR    ISIN: ZAE000000139                                           
Company announcement                                                            
Shareholders are referred to the announcement dated 9 November 2006 giving      
details of the acquisition by Adcorp of the entire share capital of labour      
contracting business Employrite subject to Competition Commission approval.     
Shareholders are advised that Adcorp received this approval on 28th November    
2006 and accordingly the transaction is now unconditional.                      
Bryanston                                                                       
1 December 2006                                                                 
Sponsor                                                                         
Deloitte & Touche Sponsor Service (Pty) Ltd                                     
Date: 01/12/2006 01:26:13 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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