KELLY GROUP LIMITED - Disclosure Of A Significant Holding In Kelly Group Shares

Disclosure Of A Significant Holding In Kelly Group Shares

KELLY GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1999/026249/06)
Share code: KEL ISIN: ZAE000093373
(“Kelly Group” or “the Company”)

                DISCLOSURE OF A SIGNIFICANT HOLDING IN KELLY GROUP SHARES

In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended,
(“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are
advised that Kelly Group has received notification in terms of section 122(1) of the Companies Act that:

-   Coronation Asset Management Proprietary Limited has notified the Company that accounts under its
    management have been disposed of, such that their total beneficial interest amounts to 0% of the total
    number of securities in issue; and

-   Adcorp Holdings Limited has notified the Company that it has acquired a beneficial interest in the
    securities of the Company, such that their entire beneficial interest amounts to 29.37% of the total
    number of securities in issue;

As required in terms of section 122(3)(a) of the Companies Act, Kelly Group has filed the required notice with
the Takeover Regulation Panel.

Sandton
3 April 2014

Sponsor
PSG Capital

Date: 03/04/2014 01:30:00 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.