Aspen - Directors Disclosure

Aspen Pharmacare Holdings Limited
share code               : APN
ISIN CODE                : ZAE000023586

In compliance with Rules 3.72 - 3.75 of the JSE Listings Requirements, the
following information is disclosed:
Director              : Maxim Krok
Number of Securities  : 66,700 shares
Nature of Interest    : Direct beneficial
Nature of Transaction : Sell
Date                  : Friday, 16 November 2001
Price                 : R6.90 per share
Reason                : Exercise of share options
Director              : Maxim Krok
Number of Securities  : 37,000 shares

Nature of Interest    : Direct beneficial (Pledged)
Nature of Transaction : Sell
Date                  : Tuesday, 23 October 2001
Price                 : R6.35 per share

Reason                : Exercise of share options to settle strike price and
                        fringe benefit tax, pursuant to pledge of share
                        options as security for outstanding purchase price
                        in respect of the Twincare division sold.
ENDS