ADCORP HOLDINGS LIMITED - Dealing in securities by a director of a major subsidiary

Dealing in securities by a director of a major subsidiary

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

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY

In compliance with the JSE Limited Listings Requirements, the following
information is disclosed in respect of dealing in Adcorp ordinary shares
(“securities”) by a director of a major subsidiary of Adcorp (being
Adcorp Workforce Solutions Proprietary Limited):


Director of major subsidiary   :   Ms K Vittee
Date of transaction            :   8 December 2017
Number of securities           :   30 044
Nature of transaction          :   On-market sale of securities
Share price                    :   R17.26
Total value of transaction     :   R518 679.62
Nature of interest             :   Direct Beneficial
Clearance obtained             :   Yes


5 January 2018
Bryanston

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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