DGAP-DD: ADC African Development Corporation GmbH & Co. KGaA english

Notification concerning transactions by persons performing managerial
responsibilities pursuant to section 15a of the WpHG

Directors' Dealings notification transmitted by DGAP - a company of
EquityStory AG.
The person with duty of notification is solely responsible for the content
of this announcement.
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Details of the person subject to the disclosure requirement
Last name: Harbecke
First name: Dirk

Position: Member of the board of the group's operational subsidiary ADC
Financial Services Ltd, Mauritius and CEO of the ADC Group of Companies
while not holding office as director of the General Partner of the Company

Information about the transaction with duty of notification

Description of the financial instrument: share
ISIN/WKN of the financial instrument: DE000A1E8NW9
Type of transaction: Subscription of shares
Date: 26.04.2012
Price: 5.00
Currency: EUR
No. of items: 100000
Total amount traded: 500000.00
Place: over the counter

Explanation for publication:

The transaction is a subcription of shares through exercise of conversion
rights of a convertible bond issued by the Company to incentivise the
management. The convertible bond was issued in April 2010 in accordance
with the corresponding authorisation by the shareholders' meeting of the
Company as of 2009 and was to be exercised by the bondholders in April 2012
exclusively at a conversion price as determined by the authorisation at an
amount of EUR 5.00 per share.

Information about the company with duty of publication

Issuer: ADC African Development Corporation GmbH & Co. KGaA
Grüneburgweg 18
60322 Frankfurt/Main
Deutschland
ISIN: DE000A1E8NW9
WKN: A1E8NW


End of Directors' Dealings Notification 
(c) DGAP 04.05.2012

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