Dealing in securities by directors and by directors of a 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 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: Shareholders are referred to the SENS announcement released on 23 November 2012 regarding the dealing in securities by directors and by directors of a major subsidiary. The director and directors of a major subsidiary listed below have elected to have a portion of the shares released to them in terms of the SA Management Deferred Incentive Bonus Scheme sold to cover the tax liabilities arising from the release of the deferred incentive bonus shares to them: BY A DIRECTOR OF THE COMPANY: Director : Michael Guy Attridge Company : Aspen Pharmacare Holdings Limited Date of transaction : 26 November 2012 Number of shares sold to pay tax : 9 752 Value of shares sold : R1 542 668.88 Selling price : R158.19 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 : 26 November 2012 Number of shares sold to pay tax : 3 283 Value of shares sold : R519 377.77 Selling price : R158.19 Class of securities : Ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes Director : Mziwandile Noel Guliwe Company : Pharmacare Limited Date of transaction : 26 November 2012 Number of shares sold to pay tax : 1 155 Value of shares sold : R182 709.45 Selling price : R158.19 Class of securities : Ordinary shares Nature of interest : Direct beneficial Clearance obtained : Yes All share sales are on-market trades. Durban 27 November 2012 Sponsor Investec Bank Limited Date: 27/11/2012 09:00:00 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.