Results of annual general meeting and the final dates and times of the scrip distribution Adcorp Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1974/001804/06) Share Code: ADR ISIN: ZAE000000139 (“Adcorp” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING AND THE FINAL DATES AND TIMES OF THE SCRIP DISTRIBUTION Shareholders are advised that at the Annual General Meeting of Adcorp shareholders held at Adcorp’s registered office Adcorp Office Park, Nicolway Bryanston, corner William Nicol Drive and Wedgewood Link, Bryanston today, all the ordinary and special resolutions as set out in the notice of the Annual General Meeting contained in the Company`s 2014 Integrated Annual Report were duly passed by the requisite majority votes of shareholders. The special resolutions will be filed with the Companies and Intellectual Property Commission in due course. The scrip distribution with a cash dividend election of 80 cents per share was therefore approved and below are the final salient dates and times. FINAL SALIENT DATES AND TIMES In accordance with the provisions of Strate Limited, the electronic settlement and custody system used by JSE Limited, the final dates and times of the scrip distribution are as follows: 2014 Record date for posting Friday, 20 June Circular and form of election posted to ordinary shareholders Friday, 27 June Announcement on SENS of ratio based on five-day trading Friday, 1 August period ended Thursday, 31 July 2014 Announcement in press of ratio based on five-day trading Monday, 4 August period ended Thursday, 31 July 2014 Annual General Meeting Wednesday, 6 August Last day to trade in order to be eligible for the scrip Friday, 22 August distribution/cash dividend Ordinary shares trade ex-entitlement Monday, 25 August Listing of maximum possible number of ordinary shares Monday, 25 August commences at commencement of business Last day to elect a cash dividend instead of the scrip Friday, 29 August distribution by 12:00 (see note below) Record date in respect of the scrip distribution Friday, 29 August Share certificates or dividend cheques posted and Monday, 1 September CSDP/broker accounts credited/updated Announcement of results of scrip distribution on SENS Monday, 1 September Announcement of results of scrip distribution in the press Tuesday, 2 September Listing of ordinary shares adjusted at the commencement of Wednesday, 3 September business on or about Notes: • No ordinary shares will be dematerialised or rematerialised between Monday, 25 August 2014 and Friday, 29 August 2014 (both days inclusive). • Dematerialised shareholders must instruct their CSDP or broker by the cut-off time and date provided by their CSDP or broker as to how they wish to elect. Bryanston 6 August 2014 Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd Date: 06/08/2014 11:28:00 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.