APN - Aspen - Further announcement regarding the acquisition of the

APN - Aspen - Further announcement regarding the acquisition of the             
pharmaceutical business of Sigma Pharmaceticals Limited ("SIGMA") by Aspen -    
conditions precedent met                                                        
ASPEN PHARMACARE HOLDINGS LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1985/002935/06)                                            
Share code:  APN   ISIN: ZAE000066692                                           
("Aspen")                                                                       
FURTHER ANNOUNCEMENT REGARDING THE ACQUISITION OF THE PHARMACEUTICAL BUSINESS OF
SIGMA PHARMACETICALS LIMITED ("SIGMA") BY ASPEN - CONDITIONS PRECEDENT MET      
Aspen shareholders are referred to the announcements released on the Securities 
Exchange News Service of the JSE Limited on 16 August 2010 and 23 November 2010,
respectively, wherein, Aspen announced that the Aspen Group had reached formal  
agreement with Sigma to acquire the pharmaceutical business of Sigma on a debt- 
free basis for a cash consideration of A$900 million (approximately ZAR 6 148   
million at current exchange rates) ("the Transaction"), and that the Transaction
was subject to a number of conditions precedent.                                
Aspen is pleased to announce that, following approval of the transaction        
received at the extraordinary General Meeting of Sigma`s Shareholders, held on  
14 January 2011, all the conditions precedent to the Transaction have now been  
met and the Transaction is now unconditional. The Transaction is scheduled to   
complete on 31 January 2011.                                                    
Woodmead                                                                        
14 January 2011                                                                 
                                                                                
Investment Bank and          Mandated Lead Arranger and                         
Sponsor to Aspen             Debt Advisor                                       
Investec Bank Limited        The Standard Bank of South                         
(Registration number         Africa Limited                                     
1969/004763/06) and          (Registration number                               
Investec Bank (Australia)    1962/000738/06)                                    
Limited                                                                         
Date: 14/01/2011 09:02:02 Supplied by www.sharenet.co.za                     
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