ASPEN PHARMACARE HOLDINGS LIMITED - Appointment of an Independent Non-executive Director: Babalwa Ngonyama

Appointment of an Independent Non-executive Director: Babalwa Ngonyama

ASPEN PHARMACARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa) (“Aspen Holdings”)
Registration number: 1985/0002935/06
Share code: APN
ISIN: ZAE000066692
and its subsidiaries (collectively “Aspen” or “the Group”)

Appointment of an Independent Non-executive Director: Babalwa Ngonyama

In compliance with Section 3.59 of the Listings Requirements of the JSE Limited, the Aspen
Board of Directors (“the Board”) confirms the appointment of Ms Babalwa Ngonyama as a
director of Aspen Holdings and as a member of its Audit & Risk Committee with effect from
1 April 2016.

Babalwa is a CA (SA) and currently the CEO of Sinayo Securities (Pty) Limited, a women owned
and managed securities firm. Prior to this she was the Group Chief Internal Auditor of Nedbank
Limited, an audit partner at Nkonki Chartered Accountants and, thereafter, a partner at
Deloitte (Financial Institutions Services Team). She is, amongst others, a non-executive director
and member of the audit committees of Barloworld Limited, Implats Limited and Group Five
Limited. Other than Babalwa’s B.Com Accounting (Transkei), B.Compt Honours + CTA
(Transkei), she holds an MBA degree from Bond University and a Higher Diploma in Banking
Law (RAU). She also completed the Women in Leadership Programme at Harvard University
(Boston) in 2008.

Referring to her appointment, Aspen Holdings Chairman, Kuseni Dlamini, said: "The Aspen
Holdings board is thrilled in welcoming Babalwa as a director. She brings to Aspen her in-depth
business, financial and auditing knowledge, as well as significant leadership experience - we
look forward to her contribution to the Group and wish her every success."

Durban
31 March 2016


Sponsor
Investec Bank Limited

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