APN - Aspen Pharmacare Holdings Limited - Dealing in securities by director of

APN - Aspen Pharmacare Holdings Limited - Dealing in securities by director of  
major subsidiary                                                                
ASPEN PHARMACARE HOLDINGS LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1985/0002935/06                                             
Share code:  APN                                                                
ISIN:  ZAE000066692                                                             
("Aspen" or "the Company")                                                      
DEALING IN SECURITIES BY DIRECTOR OF MAJOR SUBSIDIARY                           
In compliance with paragraph 3.63(a)(ii)of the Listings Requirements of the JSE 
Limited, disclosure is made of the following information :                      
Director                         :   Morne Geyser                               
Company                          :   Aspen Pharmacare Holdings Ltd              
Date of transaction              :   17 June 2011                               
Nature of transaction            :   Exercise of share                          
appreciation rights                         

Number of securities             :   13,287                                     
Class of securities              :   Ordinary shares                            
Exercise price                   :   R 86.00                                    
Value of Transaction             :   R 1,142,682.00                             
Nature of interest               :   Direct beneficial                          
Clearance obtained               :   Yes                                        
Director                         :   Morne Geyser                               
Company                          :   Aspen Pharmacare Holdings Ltd              
Date of transaction              :   17 June 2011                               
Nature of transaction            :   On market sale of shares                   
Number of securities             :   9,502                                      
Class of securities              :   Ordinary shares                            
Sale price                       :   R 81.92                                    
Value of Transaction             :   R 778,403.84                               
Nature of interest               :   Direct beneficial                          
Clearance obtained               :   Yes                                        
Johannesburg                                                                    
20 June 2011                                                                    
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 20/06/2011 17:33:02 Supplied by www.sharenet.co.za                     
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