ADCOCK INGRAM HOLDINGS LIMITED - Renewal of cautionary annuncement

Renewal of cautionary annuncement

Adcock Ingram Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 2007/016236/06
Share code: AIP
ISIN: ZAE000123436
(“Adcock Ingram” or “the Company”)

RENEWAL OF CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the announcement dated 3 July 2013 in which the independent board of directors of
Adcock Ingram (“Independent Board”) notified Adcock Ingram shareholders that the Company had entered into
discussions with CFR Pharmaceuticals S.A. (“CFR”) regarding a non-binding offer that could lead to CFR making a cash
and shares offer to acquire 100% of the issued share capital of Adcock Ingram, excluding treasury shares, by way of a
scheme of arrangement (“the Potential Offer”).

Shareholders are advised that discussions with CFR regarding the Potential Offer are ongoing. Whilst there is still no
certainty that a firm offer will either be proposed or implemented, the Independent Board continues to engage
exclusively with CFR with a view to a firm offer being made to Adcock Ingram shareholders by way of a scheme of
arrangement. The full details of the Potential Offer will be communicated to Adcock Ingram shareholders and the market
if and when a firm offer is made by CFR.

The Independent Board has noted recent speculation regarding the Company. Subsequent to the Company entering into
exclusive discussions with CFR, the Independent Board has received further unsolicited proposals from potential
offerors, each of which contemplates a scheme of arrangement and therefore the co-operation of the Independent
Board. The Independent Board must evaluate any bona fide proposal submitted to the Company that could maximise
value for Adcock Ingram shareholders and promote the interests of the Company. In this regard, the Independent Board
confirms that it has not received any proposal that it at present regards as being more favourable than the Potential
Offer.

The Independent Board is conscious of its legal and regulatory obligations not to publish misleading information nor
information that may give rise to uncertainty and affect the integrity of the marketplace to the detriment of Adcock
Ingram shareholders. Accordingly, the Independent Board does not intend to publish the details of every proposal it
receives.

The Potential Offer may have a material effect on the price of the Company’s securities. Accordingly shareholders are
advised to continue exercising caution when dealing in the Company’s securities until a further announcement is made.

For media enquiries:
Brunswick
Tel: +27 11 502 7300
Carol Roos
+27 72 690 1230
Marina Bidoli
+27 83 253 0478

Midrand
15 August 2013

Sponsor to Adcock Ingram
Deutsche Securities (SA) Proprietary Limited

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