ADR - Adcorp - Resignation of Non-executive Director

ADR - Adcorp - Resignation of Non-executive Director                            
Adcorp Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1974/001804/06)                                            
Share Code: ADR     ISIN: ZAE000000139                                          
("Adcorp")                                                                      
CHANGES TO THE BOARD OF DIRECTORS                                               
In compliance with paragraph 3.59 of the Listings Requirements of the JSE       
Limited, shareholders are advised that Ms Amanda Alback has resigned as         
independent non-executive director from the board of directors of Adcorp with   
effect from Tuesday, 6 March 2012, subsequent to her recent permanent role at   
Tongaat Hulett Starch.                                                          
Bryanston                                                                       
7 March 2012                                                                    
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd                           
Date: 07/03/2012 14:18:01 Supplied by www.sharenet.co.za                     
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.