Dealings in Securities by Directors of Imperial Imperial Holdings Limited Registration number: 1946/021048/06 Share code: IPL ISIN: ZAE000067211 (“Imperial”) DEALINGS IN SECURITIES BY DIRECTORS OF IMPERIAL In compliance with the Listings Requirements of the JSE Limited the following information is provided: Date of transactions: 18 September 2014 Share Appreciation Rights Exercise Class of security: Ordinary shares Nature of transactions: Off market exercise of share appreciation rights Strike price: R116.59 Exercise price: R183.86 Director: JJ Strydom Number of rights exercised: 9 384 Number of shares delivered: 3 433 Total value of transaction: R630 504.78 Director: M Swanepoel Number of rights exercised: 23 377 Number of shares delivered: 8 552 Total value of transaction: R1 572 370.72 Sale of shares Class of security: Ordinary shares Nature of transactions: Sale Type of trade: On market Nature of interest: Direct beneficial Director: JJ Strydom Number of shares sold: 3 433 Sale price per share: R183.00 Total value of transaction: R628 239.00 Director: M Swanepoel Number of shares sold: 482 Sale price per share: R182.21 Total value of transaction: R87 825.22 Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained. Company Secretary RA Venter By order of the Board 19 September 2014 BEDFORDVIEW Sponsor Merrill Lynch South Africa (Pty) Limited Date: 19/09/2014 03:30:00 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.