ASPEN PHARMACARE HOLDINGS LIMITED - Voluntary Trading Statement

Voluntary Trading Statement

Aspen Pharmacare Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1985/002935/06)
Share code: APN & ISIN: ZAE000066692
("Aspen")



Voluntary Trading Statement

Aspen shareholders are hereby advised that diluted normalised headline earnings per
share (“DNHEPS”) from continuing operations, headline earnings per share and
earnings per share for the 6 months ended 31 December 2013 are expected to exceed
those reported in the comparative period, ended 31 December 2012, within the following
ranges:

                Measure                              Range                    Notes
DNHEPS from continuing operations                  20% to 24%                   1
Headline earnings per share                        12% to 16%                   2
Earnings per share                                 12% to 16%                   2


Notes:

1. DNHEPS from continuing operations comprises diluted headline earnings per share
   adjusted for specific non-trading items. DNHEPS is the primary measure used by
   Aspen to assess its underlying financial performance.

2. The growth in headline earnings per share and earnings per share has been diluted
   by the effect of transaction costs relating to the significant new business acquisitions
   undertaken in the reporting period.

The financial results on which this trading announcement is based have not been
reviewed or reported on by Aspen`s external auditors.

Aspen`s interim results for the 6 months ended 31 December 2013 are scheduled to be
published on SENS on 6 March 2014.

Durban
21 February 2014

Sponsor: Investec Bank Limited

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