The Award Of DBP and CSP Rights in terms of Imperial Share Incentive Schemes Imperial Holdings Limited (Incorporated in the Republic of South Africa) Registration number: 1946/021048/06 Share code: IPL ISIN: ZAE000067211 (‘Imperial’ or “Company”) THE AWARD OF DBP AND CSP RIGHTS IN TERMS OF IMPERIAL SHARE INCENTIVE SCHEMES In compliance with the Listings Requirements of the JSE Limited the following information is provided: Imperial has awarded Deferred Bonus Plan (DBP) and Conditional Share Plan (CSP) rights to its executive directors as follows: DBP rights entitle the director to commit an equal number of Imperial shares to the scheme, which will be held in escrow until vesting in September 2018. Upon vesting, Imperial will be obliged to deliver a matching share for each committed share. CSP rights will vest in September 2018 and entitle the director to receive a number of Imperial shares subject to the achievement, of specific performance conditions determined by the Board. Name of director Number of DBP Number of CSP Total value MJ Lamberti 37 217 48 915 R15 043 000 M de Canha 32 350 R5 650 000 P Michaux 28 629 R5 000 000 M Swanepoel 32 350 R5 650 000 OS Arbee 36 416 R6 360 000 The award to MJ Lamberti includes an amount in lieu of the 2015 short term incentive cash payment. The Company has also awarded 4 824 DBP rights and 43 527 share appreciation rights (“SAR”) to RA Venter, the Company Secretary of Imperial. All of the above rights were awarded at R174.65 per share. The effective date for the aforementioned transactions is 6 October 2015. Prior written approval in terms of paragraph 3.66 of the Listings Requirements was obtained. All CSP’s DBP’s and SAR’s awards were done off-market. Company Secretary RA Venter 7 October 2015 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 07/10/2015 09:40:00 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.