Notification in terms of S 122(3) of the Companies Act and 3.83(b) the JSE Limited Listings Requirements Adcock Ingram Holdings Limited Incorporated in the Republic of South Africa (Registration number 2007/016236/06) Share code: AIP ISIN: ZAE000123436 ("Adcock" or "the Company") NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND PARAGRAPH 3.83(b) OF THE JSE LIMITED LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that the Company has received formal notification that BB Investment Company Proprietary Limited ("BB Investment"), a wholly owned subsidiary of The Bidvest Group Limited, has acquired an interest in the ordinary shares of Adcock, such that the total interest in the ordinary shares of the Company held by BB Investment now amounts to 42.60% of the total issued ordinary shares of Adcock, excluding the class A and B ordinary voting shares, and treasury shares. The total of all beneficial interests in the Company’s voting shares now owned by BB Investment is 37.00%, including the class A and B ordinary voting shares and excluding the treasury shares. As required in terms of section 122(3)(a) of the Act, the Company has filed the required notice with the Takeover Regulation Panel. Johannesburg 19 May 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) 1 Date: 19/05/2015 09:46:00 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.