Vesting of Rights and Shares in Terms of Share Incentive Schemes Awarded in 2012 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 AWARDED IN 2012 In compliance with the Listings Requirements of the JSE Limited the following information is provided: Vesting on 6 October 2015 of Share Appreciation Rights (SAR) at a strike price of R170.57 per SAR. The gains of participants in terms of the SAR scheme will depend on the date that each participant elects to exercise the vested rights, which may be done for a period of four years after vesting. Award on 6 October 2015 of no consideration matching ordinary shares in terms of the Deferred Bonus Plan (DBP) at a price of R172.79 per share. DBP shares were acquired by scheme participants in 2012 on the open market at the then ruling price with their after tax bonus. The value of the Matching Shares is subject to PAYE. Director: OS Arbee Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 6 727 Total value of transaction: R1 162 358.33 Number of SAR vested 40 770 Director: MP de Canha Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 8 064 Total value of transaction: R1 393 378.56 Number of SAR vested 43 625 Director: PB Michaux Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 4 793 Total value of transaction: R828 182.47 Number of SAR vested 28 467 Director: JJ Strydom Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 3 957 Total value of transaction: R683 730.03 Number of SAR vested 26 736 Director: M Swanepoel Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 6 156 Total value of transaction: R1 063 695.24 Number of SAR vested: 40 770 Company secretary: RA Venter Nature and extent of interest in transaction: Direct/beneficial Number of matching DBP shares vested: 2 902 Total value of transaction: R501 436.58 Number of SAR vested: 23 107 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 South Africa (Pty) Limited Date: 7 October 2015 Date: 07/10/2015 09:35:00 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.