New Instrument Listing-ADCP05-06 Adcorp Holdings Limited (Incorporated in the Republic of South Africa) (Registration No. 1974/001804/06) Company code: ADRI ISIN ADCP05: ZAG000112897 ISIN ADCP06: ZAG000112921 (“Adcorp”) LISTING OF NEW FINANCIAL INSTRUMENTS The JSE Limited has granted Adcorp (the “Issuer”) the listing of its ADCP05 Senior Secured Fixed Rate Notes, in terms of its ZAR2,000,000,000 Domestic Medium Term Note Programme dated 6 March 2013. INSTRUMENT TYPE: Secured Fixed Rate Notes Total Notes in Issue: R 500,000,000 excluding this issuance of Notes Instrument Code: ADCP05 Nominal Issued: R100,000,000.00 Issue Price: 100% Interest Rate 5.955% (3 month Jibar as at 20 February of 5.675 plus 0.28%) Coupon Rate Indicator: Fixed Rate Issue Date: 25 February 2014 Interest Commencement Date: 25 February 2014 Interest Payment Date: 26 May 2014 Maturity Date: 26 May 2014 Last day to register: 17h00 on 14 May 2014 Books Close: 15 May 2014 ISIN: ZAG000112897 Business Day Convention: Following Business Day The JSE Limited has granted Adcorp (the “Issuer”) the listing of its ADCP06 Senior Secured Floating Rate Notes, in terms of its ZAR2,000,000,000 Domestic Medium Term Note Programme dated 6 March 2013. INSTRUMENT TYPE: Secured Floating Rate Notes Total Notes in Issue: R 500,000,000 excluding this issuance of Notes Instrument Code: ADCP06 Nominal Issued: R100,000,000.00 Issue Price: 100% Interest Rate 6.025% (3 month Jibar as at 20 February 2014 of 5.675% plus 0.35%) Coupon Rate Indicator: Floating Issue Date: 25 February 2014 Interest Commencement Date: 25 February 2014 First Interest Payment Date: 26 May 2014 Maturity Date: 25 August 2014 Last day to register: 17h00 on 14 May 2014, 13 August 2014 Books Close: 15 May 2014, 14 August 2014 ISIN: ZAG000112921 Business Day Convention: Following Business Day Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The Notes will be immobilised in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. Any prospective purchaser of the note should contact Rand Merchant Bank for details of the terms of the note. In this regard, prospective purchasers should be aware that: 1. The note issued is subject to the terms and conditions of the pricing supplement agreed between the Issuer and the subscriber(s) for the note and the Terms and Conditions of the Notes as set out in the Programme Memorandum dated 6 March 2013 in respect of the Issuer’s Note Programme; 2. The performance of each note issued is linked to the performance of an underlying third party entity and/or obligation stipulated in the pricing supplement in respect of the note and accordingly, as the prospective purchaser will assume credit exposure to both the Issuer and such entity and/or obligation, the note is only suitable for purchase by financially sophisticated investors after conducting all relevant independent investigations. The risks pertaining to credit- linked notes generally are more fully set out in the Programme Memorandum. Copies of the Programme Memorandum are available from the Issuer. 24 February 2014 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 24/02/2014 03:16:00 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.