LHC - Life Healthcare Group Holdings Limited - Subscription of 26% of the

LHC - Life Healthcare Group Holdings Limited - Subscription of 26% of the       
share capital of Max Healthcare Institute Limited                               
LIFE HEALTHCARE GROUP HOLDINGS LIMITED                                          
Incorporated in the Republic of South Africa                                    
Registration number: 2003/002733/06                                             
ISIN: ZAE000145892                                                              
Share Code: LHC                                                                 
("Life Healthcare" or "the Company")                                            
SUBSCRIPTION OF 26% OF THE SHARE CAPITAL OF MAX HEALTHCARE INSTITUTE LIMITED    
Further to the SENS announcement published on 11 October 2011, Life Healthcare  
wishes to advise shareholders that the Company has signed definitive            
agreements with Max Healthcare Institute Limited ("MHC") and Max India Limited  
("Max India") for the subscription of 26% of the post-issue share capital of    
MHC subject to the fulfilment of certain conditions precedent.  The             
subscription price is Rs 516.5 crore.  Life Healthcare will provide pro-rata    
guarantees for its proportionate share of the debts of MHC currently            
guaranteed by Max India.                                                        
MHC is a leading private hospital provider in the Delhi-NCR (National Capital   
Region) and is a subsidiary of Max India, one of India`s leading multi          
business corporates.                                                            
Illovo                                                                          
16 January 2012                                                                 
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 16/01/2012 11:00:01 Supplied by www.sharenet.co.za                     
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