Change in Aspen's BEE shareholding Aspen Pharmacare Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1985/002935/06) Share code: APN & ISIN: ZAE000066692 ("Aspen") CHANGES IN ASPEN`S BLACK ECONOMIC EMPOWERMENT ("BEE") SHAREHOLDING Shareholders are referred to the announcement released on 7 June 2012 wherein it was confirmed that: - in order to facilitate the redemption of certain funding obligations, Imithi Investments (Proprietary) Limited (“Imithi”) had concluded a process of disposing of 9 839 276 Aspen ordinary shares, as allowed for in terms of the agreements governing the BEE transaction between Aspen and Imithi (the details of which were more fully disclosed in the announcement released on 7 June 2012); - 17 600 000 new variable rate, voting, convertible, redeemable, cumulative A preference shares would be converted into 17 600 000 ordinary shares (“New Aspen Ordinary Shares”); and - Aspen would apply for the listing of the New Aspen Ordinary Shares in Imithi’s name on the Main Board of the JSE Limited ("JSE"). This listing took effect on 28 June 2012. Collectively referred to as the “Sale and Conversion Process”. Following the finalisation of the Sale and Conversion Process, Imithi now holds 21 160 724 Aspen ordinary shares representing 4.65% of Aspen Shares in issue. As a further result of this Sale and Conversion Process and subsequent transactions between the shareholders of Imithi, Dr N J Dlamini, Aspen’s non-executive Chairman now holds an indirect beneficial interest in 2,626,850 Aspen ordinary shares. 5 September 2012 Sponsor: Investec Bank Limited Date: 05/09/2012 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.