ADCORP HOLDINGS LIMITED - Dealing in securities by an associate of director

Dealing in securities by an associate of director

Adcorp Holdings Limited
Registration number 1974/001804/06
Share code: ADR
ISIN number: ZAE000000139
(“Adcorp”)

Dealing in securities by an associate of a director

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed in respect of an on-market sale of Adcorp
securities:

Name of director:             PC Swart
Name of associate:            Awards Trust, of which Mr PC Swart is a
                              trustee and beneficiary
Date of transaction:          8 July 2015
Nature of transaction:        Sale of ordinary shares
Number of shares:             75 000
Average price:                R35.5623
Lowest price:                 R35.50
Highest price:                R35.60
Total value:                  R2 667 172.50
Nature of interest:           Indirect Beneficial
Clearance obtained:           Yes

9 July 2015
Bryanston

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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