THE BIDVEST GROUP LIMITED - Closing of Bidvest and CIH Offer for Adcock

Closing of Bidvest and CIH Offer for Adcock

The Bidvest Group Limited                           Community Investment Holdings Proprietary
Incorporated in the Republic of South Africa        Limited
(Registration number 1946/021180/06)                Incorporated in the Republic of South Africa
Share Code: BVT ISIN: ZAE000117321                  (Registration number 1995/007296/07)
(“Bidvest”)                                         (“CIH”)


Closing of Bidvest and CIH Offer for Adcock

Shareholders are referred to the announcements by Bidvest dated December 2 2013, January 16
2014 and January 31 2014 in which a consortium comprising Bidvest and CIH (“the Consortium”)
made a cash offer to acquire up to 34.5% of the issued ordinary shares of Adcock Ingram Holdings
Limited (“Adcock”) (excluding treasury shares) for a cash consideration of R70.00 per Adcock ordinary
share (“the Adcock Offer”).

Shareholders are hereby advised that the Consortium now holds 34.5% of the total issued ordinary
shares in Adcock (excluding treasury shares) and accordingly the Adcock Offer is now closed.

Johannesburg
January 31 2014


Sponsor
Investec Bank Limited

Financial advisor to the Consortium
Investec Bank Limited

Legal advisor to the Consortium
Edward Nathan Sonnenbergs

Media advisor to the Consortium
Aprio Strategic Communications

Date: 31/01/2014 01:27:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.