AIP - Adcock - Update on offer to acquire at least 51% of the entire issued
    share capital of Ayrton Drug Manufacturing Limited ("Ayrton")
Adcock Ingram Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 2007/016236/06
Share code: AIP
ISIN: ZAE000123436
("Adcock")
Update on offer to acquire at least 51% of the entire issued share capital of
Ayrton Drug Manufacturing Limited ("Ayrton")
1.  Introduction
Further to the announcement dated 19 February 2010, Adcock hereby advises
holders of ordinary shares in Adcock ("Adcock shareholders") of the announcement
set out below, released today 5 March 2010 in Accra, Ghana.
As at the time of this announcement, acceptances had been received in respect of
54.6% of the entire issued ordinary share capital of Ayrton.
2.  Further announcements
Adcock shareholders will be kept informed of the progress in regard to this
transaction by way of further announcements on SENS.
Midrand
5 March 2010
Financial adviser and sponsor
Deutsche Securities (SA) (Proprietary) Limited
Legal adviser
Read Hope Phillips Thomas & Cadman Inc.
Ayrton Drug Manufacturing Limited ("Ayrton") - Offer from Adcock Ingram Holdings
Limited ("Adcock Ingram"), on behalf of its wholly-owned subsidiary, Adcock
Ingram International (Proprietary) Limited ("Adcock Ingram International"), for
at least 51% of the entire issued ordinary share capital of Ayrton ("Offer")
Notice to Ayrton Shareholders
Adcock Ingram hereby notifies all shareholders of Ayrton ("Ayrton Shareholders")
that the suspensive conditions set out in paragraph 2 of Part VIII of the offer
document dated 3 February 2010 ("Offer Document") have been fulfilled and/or
waived by Adcock Ingram.  The Offer is accordingly only subject to the general
conditions set out in paragraph 1 of Part VIII of the Offer Document which must
be fulfilled and/or waived on or before the Offer Expiration Date (set out in
the table below).
As at the time of this announcement on Friday 5 March 2010, acceptances had been
received in respect of 54.6% of the entire issued ordinary share capital of
Ayrton.
Ayrton Shareholders who wish to accept the Offer and have not already done so
must complete and return the Form of Acceptance to First Atlantic Brokers by not
later than 17:00 hours GMT on March 29, 2010.
Acceptance Period                  9:00 hours GMT on
                                  February 15, 2010 -
                                  17.00 hours GMT on
                                  March 29, 2010
Offer Expiration Date              17:00 hours GMT on
                                  March 29, 2010
Settlement Date                    April 1, 2010
Announcement of Offer Results      April 1, 2010
In accordance with the terms of the Offer, this notice will be published in two
(2) national daily newspapers in Ghana.
For further information, please contact:
FIRST ATLANTIC BROKERS LIMITED
Atlantic Place, No. 1 Seventh Ave., Ridge West, Accra, Ghana
(P.O. Box CT 1620, Cantonments, Accra, Ghana)
Contact Person:  Kofi Osafo Sampong
kofisampong@firstatlanticbank.com.gh
Tel: +233 21 680825-6, 679259
Fax: +233 21 67 9250
Date: 05/03/2010 17:00:05 Produced by the JSE SENS Department.
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