ADR - Adcorp Holdings Limited - Cautionary Announcement

ADR - Adcorp Holdings Limited - Cautionary Announcement                         
Adcorp Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1974/001804/06)                                            
Share Code: ADR ISIN: ZAE000000139                                              
("Adcorp" or "the Company")                                                     
CAUTIONARY ANNOUNCEMENT                                                         
Shareholders are advised that Adcorp has entered into negotiations, which if    
successfully concluded, may have a material effect on the price of the Company`s
securities.                                                                     
Accordingly, shareholders are advised to exercise caution when dealing in the   
Company`s securities until a full announcement is made.                         
Bryanston                                                                       
6 July 2011                                                                     
Investment bank and transaction sponsor: Investec Bank Limited                  
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd                           
(Registration number 1996/000034/07)                                            
Date: 06/07/2011 14:50:13 Supplied by www.sharenet.co.za                     
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