ADCORP HOLDINGS LIMITED - Modification To Notice Of Annual General Meeting And Form Of Proxy

Modification To Notice Of Annual General Meeting And Form Of Proxy

Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 1974/001804/06)
Share code: ADR
ISIN: ZAE000000139
(“Adcorp” or “Adcorp Group” or “the Group” or “the Company”)

MODIFICATION TO NOTICE OF ANNUAL GENERAL MEETING AND FORM OF PROXY

Shareholders are referred to the notice of the Annual General Meeting (“AGM”)
as contained in the Integrated Annual Report that was distributed to
shareholders on 28 June 2019, providing notice to shareholders of Adcorp’s AGM
to be held at 08:30 on Tuesday, 30 July 2019(“Notice of AGM”).

Shareholders are hereby advised of the following modifications to the Notice
of AGM and Form of Proxy:

Electronic participation in the AGM
? Contact details of Company Secretary has been changed to (email address
   Zernobia.Lachporia@adcorpgroup.com)

Ordinary Resolution Number 1.1 to 1.5: Election and re-election of directors
? Ordinary Resolution Number 1.1 SN Mabaso-Koyana – Date of appointment 14
   September 2012.
? Ordinary Resolution Number 1.2 P Mnganga – Date of appointment 6 September
   2018.
? Ordinary Resolution Number 1.3 H Singh – Date of appointment 6 September
   2018.
? Ordinary Resolution Number 1.4 MM Nkosi – Date of appointment 6 June 2019,
   appointed a full member to the Board, which was not reflected on the initial
   Notice of AGM and Form of Proxy.
? Ordinary Resolution Number 1.5 R Van Dijk – Date of appointment 6 June 2019,
   which was omitted from the Notice of AGM and Form of Proxy.

Ordinary Resolution Number 2:   Election of Audit and Risk Committee members
? Ordinary Resolution Number    2.1 SN Mabaso-Koyana.
? Ordinary Resolution Number    2.2 H Singh.
? Ordinary Resolution Number    2.3 MW Spicer.
? Ordinary Resolution Number    2.4 R Van Dijk which was omitted from the Notice
   of AGM and Form of Proxy.

The amended Notice of AGM and amended Form of Proxy has been published and is
available on the Company’s website www.adcorpgroup.com. In addition, it is
available for inspection, or may be requested and obtained at no charge, at
the registered office of Adcorp at Adcorp Office Park, Nicolway East,
Bryanston, Cnr William Nicol Drive and Wedgewood Link, Bryanston, Johannesburg,
South Africa or email: Zernobia.Lachporia@adcorpgroup.co.za

The amended Notice of AGM, amended Form of Proxy, Curricula Vitae of directors,
Annual Financial Statements and Integrated Annual Report are now available on
the Company's website.

Bryanston

9 July 2019

Company Secretary: Zernobia Lachporia

Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd

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