ADR - Adcorp Holdings Limited - Director`s dealings in securities

ADR - Adcorp Holdings Limited - Director`s dealings in securities               
Adcorp Holdings Limited                                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1974/001804/06)                                            
("Adcorp" or "the Company")                                                     
Share code: ADR ISIN: ZAE000000139                                              
DIRECTOR`S DEALINGS IN SECURITIES                                               
In compliance with paragraph 3.63 to 3.74 of the Listings Requirements of the   
JSE Limited, shareholders are advised of the following transaction by an        
executive director:                                                             
Name of director:                  RL Pike                                      
Date of transaction:               29 May 2012                                  
Nature of transaction:             Sale (on-market)                             
Number of shares:                  50 000 ordinary shares                       
Price:                             2700 cents per share                         
Total value:                       R1 350 000                                   
Nature of interest:                Direct Beneficial                            
Clearance received:                Yes                                          
30 May 2012                                                                     
Bryanston                                                                       
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Pty) Ltd                                    
Date: 30/05/2012 13:34:02 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.