Finalisation of the table of entitlements AdBEE (RF) LIMITED Incorporated in the Republic of South Africa (Registration number 2015/054070/06) Share code: ADE ISIN: ZAE000204897 ("AdBEE") FINALISATION OF THE TABLE OF ENTITLEMENTS Adcock ordinary shareholders ("Shareholders") are referred to the announcements made by the Adcock board of directors released on the Stock Exchange News Service of the JSE Limited ("JSE") on 13 May 2015, 28 May 2015 and 10 July 2015, together with the posting of the Adcock Scheme document issued on 28 May 2015 ("Scheme Circular") and the AdBEE Placing document, setting out certain salient details regarding the termination of the Existing Adcock BEE Scheme, and the New Adcock BEE Scheme which includes a proposed Scheme of arrangement in terms of section 114 of the Companies Act, 71 of 2008, between Adcock and its Shareholders (the "Scheme"), and the financial effects thereof. Further to the table of entitlements set out in Annexure I of the Scheme Circular, the final details of the Scheme election is provided below: Adcock shares in issue 171 456 185 Number of shares tendered in the Scheme 25 842 960 % of shares tendered in the Scheme 15.07% Number of Adcock call options available 8 000 000 Number of Adcock call options received per share tendered 0.30956 Number of AdBEE securities received 25 842 960 If a Scheme participant is required to dispose of a fraction of a Scheme share or becomes entitled to receive a fraction of an Adcock call option then such fraction shall be rounded up to the nearest Scheme share or Adcock call option if half or more; and rounded down, if the fraction is less than half of a Scheme share or Adcock call option. If a Scheme participant holds 3 Adcock shares or less, such participant will not tender any Scheme shares due to the rounding to zero but will retain their Adcock shares and will accordingly, not receive an Adcock call option. If a Scheme participant has greater than 3 but less than 10 Adcock shares, such participant will qualify for 1 AdBEE security but will not receive any Adcock call options due to the rounding to zero. The remaining salient dates are as follows: Event 2015 Settlement of the Scheme consideration to occur to certificated Scheme participants on Monday, 27 July Dematerialised Scheme participants to have their accounts with their broker or CSDP credited with the Scheme consideration on Monday, 27 July Scheme implementation date on Monday, 27 July Johannesburg 24 July 2015 Sponsor to AdBEE Rand Merchant Bank (A division of FirstRand Bank Limited) Corporate law advisers and trustee to AdBEE Edward Nathan Sonnenbergs Inc. Date: 24/07/2015 05:45:00 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.