Director's Dealings 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 DIRECTORS AND BY DIRECTORS OF A MAJOR SUBSIDIARY In compliance with paragraph 3.63 of the Listings Requirements of the JSE Limited, disclosure is made of the following information: Deferred bonus shares, awarded in terms of the Aspen SA Management Deferred Incentive Bonus Scheme and accepted by directors and directors of major subsidiaries in 2009, have vested and are available for release. Directors and directors of major subsidiaries have accepted the release of these deferred bonus shares as follows: BY DIRECTORS OF THE COMPANY: Director : Michael Guy Attridge Company : Aspen Pharmacare Holdings Limited Date of transaction : 21 November 2012 Number of shares to be released : 23 938 Class of securities : Ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes Director : Stephen Bradley Saad Company : Aspen Pharmacare Holdings Limited Date of transaction : 21 November 2012 Number of shares to be released : 28 958 Class of securities : Ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes BY DIRECTORS OF A MAJOR SUBSIDIARY: Director : Sean Matthew Capazorio Company : Pharmacare Limited Date of transaction : 21 November 2012 Number of shares to be released : 8 058 Class of securities : Ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes Director : Mziwandile Noel Guliwe Company : Pharmacare Limited Date of transaction : 21 November 2012 Number of shares delivered : 5 672 Class of securities : Ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes All releases of Deferred Incentive Bonus shares are deemed to be off- market trades. Durban 23 November 2012 Sponsor Investec Bank Limited Date: 23/11/2012 10:06:00 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.