2014 Anti-Retroviral Tender Results ASPEN PHARMACARE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration number 1985/0002935/06 Share code: APN ISIN: ZAE000066692 ("Aspen Holdings" or "the Company") 2014 ANTI-RETROVIRAL TENDER RESULTS Following the announcement of the Anti-Retroviral (ARV) Tender results by the South African National Treasury Department, Aspen Pharmacare Holdings Limited is pleased to announce that its South African operating company (Pharmacare Limited t/a Aspen Pharmacare) has been successful in winning a number of key products in the tender Aspen’s award included 25% of the Fixed Dose Combination (FDC) containing Tenofovir, Emtracitibine and Efavirenz, which will be used to treat upwards of 80% of 1st line adult treatment , in spite of strong competition. The tender is effective for a period of three years, commencing 1 April 2015. Aspen secured R2,7 billion or approximately 20% of the awarded tender value based upon expected future demand as published in the invitation to tender. The tender value is estimated to be approximately R14 billion over 3 years. The South African ARV Tender is the largest of its kind in the world. Aspen has been a leading supplier to this tender since inception of the programme, providing a consistent and reliable supply of high-quality ARV products to the State. Aspen was awarded a share of the following products: Product % Awarded to Aspen Abacavir Solution 20mg/ml 45% Atazanavir 150mg 36% Duranavir 600mg 100% Etravarine 100mg 100% Lamivudine 150mg (of tendered quantity) 100% Nevirapine 40% Stavudine 15mg 100% Stavudine 20mg 100% Stavudine 30mg 100% Tenofovir (of tendered quantity) 25% Tenofovir, Emtracitibine, Efavirenz 25% These tender results again confirm Aspen`s reputation for cost competitiveness against both local and foreign suppliers. Aspen`s range of ARV`s are produced at its world-class manufacturing facilities in Port Elizabeth, South Africa. This has resulted in unlocking capacity to accommodate growing demand from Aspen`s domestic and foreign territories and also contributed towards further optimizing manufacturing efficiencies. Durban 24 December 2014 Sponsor Investec Bank Limited Date: 24/12/2014 11:45:00 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.