Grant and acceptance of options Adcock Ingram Holdings Limited (Registration number 2007/016236/06) (Incorporated in the Republic of South Africa) Share code: AIP ISIN: ZAE000123436 ("Adcock Ingram") Grant and acceptance of Options In accordance with the JSE Limited Listings Requirements ("Listings Requirements"), shareholders are advised that the executive director and the company secretary have been awarded Share Options in terms of the Adcock Ingram Employees Share Scheme (scheme) which was approved by Shareholders in 2008. The Share Options are awarded subject to performance conditions. The following individual allocations were approved by the Board following a recommendation from the HR, Remuneration and Nominations Committee: 1. Director: Mr AG Hall Designation: Executive Director Number of Options granted: 175 000 Strike price of options: R41.94 Vesting periods: 26/08/2018, 26/08/2019, 26/08/2020 Nature of transaction: Acceptance of Options offered in terms of the scheme (off market) Nature of interest: Direct, beneficial Class of securities: Ordinary shares Selling price per share: Shares shall be issued at a 10% discount i.e. at a share price of R41.94 (the closing share price as at 24 August 2015 was R46.60). Number of securities: 175 000 Date of transaction: 26 August 2015 Total transaction value: R7,339,500.00 2. Company Secretary: Mr NE Simelane Designation: Company Secretary Number of Options granted: 45 000 Strike price of options: R41.94 Vesting periods: 26/08/2018, 26/08/2019, 26/08/2020 Nature of transaction: Acceptance of Options offered in terms of the scheme (off market) Nature of interest: Direct, beneficial Class of securities: Ordinary shares Selling price per share: Shares shall be issued at a 10% discount i.e. at a share price of R41.94 (the closing share price as at 24 August 2015 was R46.60). Number of securities: 45 000 Date of transaction: 26 August 2015 Total transaction value: R1,887,300 Clearance has been obtained as required in terms of the JSE Listings Requirements. Midrand 17 November 2015 Sponsor RAND MERCHANT BANK (a Division of FirstRand Bank Limited) Date: 17/11/2015 05:00:00 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.