Adcorp Holdings Limited

(Incorporated in the Republic of South Africa)

(Registration number 1974/001804/06)

Share code: ADR & ISIN: ZAE000000139

('Adcorp' or 'the Company')

CHANGE TO THE BOARD OF DIRECTORS

In terms of the Listings Requirements of the JSE Limited, the Company advises that Mr. Amitava Guharoy ('Amitava'), the CEO of Adcorp International, has resigned as an executive director of Adcorp with effect from 1 October 2016.

With the previously disclosed international funding transaction now not being pursued by Adcorp, Amitava would prefer to pursue business interests outside of the Adcorp group. The directors would like to thank Amitava for his contribution to Adcorp and wish him well in his future endeavours.

Bryanston

23 September 2016

Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited

Adcorp Holdings Limited published this content on 22 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 September 2016 09:55:10 UTC.

Original documenthttp://www.adcorp.co.za/News/Pages/SENS-Registration-of-Director-2016-09-22.aspx

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