Vesting of Rights and Shares in Terms of Share Incentive Schemes which were Awarded in 2010 Imperial Holdings Limited (Incorporated in the Republic of South Africa) Registration number: 1946/021048/06 Share code: IPL ISIN: ZAE000067211 ("Imperial") VESTING OF RIGHTS AND SHARES IN TERMS OF SHARE INCENTIVE SCHEMES WHICH WERE AWARDED IN 2010 In compliance with the Listings Requirements of the JSE Limited the following information is provided: Vesting on 16 September 2013 of Share Appreciation Rights (SAR) at a strike price of R96.71 per SAR and vesting of no consideration matching ordinary shares in terms of Deferred Bonus Plan (DBP) at a price of R218.60 per share. Due to the partial fulfilment of the related performance conditions, 98.17% of SAR vested. DBP shares were acquired by scheme participants in 2010 on the open market at the then ruling price with their after tax bonus. Upon vesting, matching ordinary shares are awarded at no further consideration. Director: OS Arbee Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 14 719 Number of matching DBP shares to be Delivered : 14 719 Total value of transaction: R3 217 573.40 Number of SAR vested 55 302 Director: HR Brody Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 19 824 Number of matching DBP shares to be delivered (net of tax): 11 894 Total value of transaction: R4 333 526.40 Number of SAR vested 90 847 Director: MP de Canha Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 19 374 Number of matching DBP shares to be Delivered: 19 374 Total value of transaction: R4 235 156.40 Number of SAR vested 59 172 Director: RL Hiemstra Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 15 860 Number of matching DBP shares to be delivered (net of tax): 9 516 Total value of transaction: R3 466 996.00 Number of SAR vested 55 276 Director: M Swanepoel Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 9 912 Number of matching DBP shares to be delivered (net of tax): 5 947 Total value of transaction: R2 166 763.20 Number of SAR vested: 52 347 Company secretary: RA Venter Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 5 947 Number of matching DBP shares to be delivered (net of tax): 3 568 Total value of transaction: R1 300 014.20 Number of SAR vested: 31 925 Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained. All trades were done off-market. Company Secretary RA Venter Sponsor: Merrill Lynch SA (Pty) Limited Date: 17 September 2013 Date: 17/09/2013 04:15:00 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.