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Aspen is in a closed period from 1st January 2026 until the publication of the interim results on the JSE SENS platform on the 3rd March 2026.

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Aspen Scientific and Technical capabilities provide strong export growth potential

JSE listed Aspen (APN), Africa and the Southern hemisphere’s largest pharmaceutical manufacturer, has hosted the Honourable Minister Mosibudi Mangena, MP, South African Minister of Science and Technology, at their flagship Port-Elizabeth manufacturing site. The visit was aimed at exploring areas where the Department of Science and Technology (DST) can support local manufacturers in realising greater local capacity and expanded export capability. Moreover the visit was aimed at showcasing Aspen’s scientific and technical capabilities in the field of infectious disease interventions, given Aspen’s global recognition and positioning in this therapeutic area. Aspen Group Chief Executive, Stephen Saad said “the South African pharmaceutical industry has traditionally been inwardly orientated and is characterised by a large trade imbalance, with imports making up more than 10 times the value of exports. This unhealthy trade balance threatens supply security, particularly in key areas, such as infectious diseases, where South Africa and the sub-Saharan region bear a disproportionate burden of the world’s infectious diseases.” Saad added that “Interactions with South African Government, such as the one that has taken place with the Minister and his team, enables local industry and Government to work together in addressing the healthcare, science and technology challenges that face our country, not least of which includes the broadening of access to pharmaceuticals to the citizens of our country and the wider sub-Saharan region. Furthermore, these interactions with Government assist in highlighting the export potential that exists in the pharmaceutical sector, which is consistant with the significant export growth that Aspen has realised in recent times. Our experiences here are consistant with the pharmaceutical growth potential identified recently by the Harvard Group, the Presidency, the Department of Trade and Industry and the AU Health Summit”. Aspen pioneered the development of African ARVs, a strategic initiative,which lead to it being recognised as the world’s first pharmaceutical manufacturer to receive US Food and Drug Administration (FDA) approval for the manufacture of co-packed generic ARVs manufactured at its world class oral solid dose (OSD) facility. Aspen’s pioneering efforts were partly accomplished through the confidence that its research based multi-national partners expressed in the company, which enabled Aspen to secure voluntary licenses and receive technology transfers from these multi-national companies. Aspen launched its first ARV in 2003 and has continued to remain actively involved in finding meaningful solutions to the triple pandemics of HIV, AIDS and TB, actions measured by its more than R1.5bn capital investments in local manufacture capacity. This has provided an infrastructural investment platform, from which Aspen can continue to be a significant supplier to the South African market, the rest of Africa and its other offshore businesses such as Australia, in multiple therapeutic areas.

Key ARV Products Viread® and Truvada® Registered by MCC

JSE listed Aspen, a leading global manufacturer and distributor of anti-retroviral (ARV) medicines, today announced that it has been granted certification from the Medicines Control Council of South Africa (MCC) to manufacture and distribute the two key ARV products Viread® (tenofovir disoproxil fumarate) and Truvada® (emtricitabine and tenofovir disoproxil fumarate) in the South African market. This certification enables immediate availability of these two products to South African patients, particularly the many hundreds that have been receiving treatment with these medicines under the special named patient exemption permitted by MCC. Both Viread® and Truvada® have extensive usage in North America, Europe and some African countries. Last week both products were included in the World Health Organisation’s revised Essential Medicines List. The registration of Viread® and Truvada® follows the non-exclusive manufacturing, licensing, technology transfer and distribution agreement which Aspen entered into in 2005 with leading research-based biopharmaceutical company Gilead Sciences, Inc. (Nasdaq: GILD). Under this agreement, Aspen will manufacture and distribute these products for all 53 African countries. On receipt of the certification, Aspen Group CE, Stephen Saad said, “Both Viread® and Truvada® represent significant advantages for patients to existing first line ARV treatments, for example patient compliance is enhanced through simpler and more convenient dosing, and Viread® and Truvada® do not seem to exhibit some of the unwanted side effects that place patients at increased risk of other morbidities with some of the other ARVs.” Saad went on to comment that, “Tenofovir is now the most prescribed molecule for the treatment of HIV/AIDS patients in the United States, and the MCC’s certification means that South African patients can now begin to enjoy the same benefits as patients have in the developed world, but at significantly reduced prices. The market availability of Viread® and Truvada® has been long anticipated by South African patients, particularly given the scale up of AIDS treatment in South Africa and many existing and new South African patients now stand to benefit from this certification, in a country when the total number of infected HIV patients is the second highest in the world.”

Tibotec and Aspen Collaborate on PREZISTA™ access plan for Africa

Co Cork, Ireland (April 4th, 2007) – Tibotec Pharmaceuticals Ltd. has signed a royalty-free, non-exclusive license agreement with Aspen of South Africa. Aspen will register, package and distribute the protease inhibitor PREZISTA™ (darunavir, DRV) in sub-Saharan Africa. Tibotec has selected Aspen because of the company’s extensive African distribution network and pioneering endeavors in enhancing access to AIDS treatment in resource constrained settings. Aspen and Tibotec will share the responsibility for ensuring prompt and affordable access to patients in the Sub-Saharan region. As a result of the agreement there will be a single co-branded product, under the brand name PREZISTA, distributed by Aspen and sold at a an ex-factory price that should not exceed US$3 a day. (The product will be offered on a FOB basis – incoterm 2000. Additional costs may include the logistics fee in South Africa, or the freight, insurance, customs handling, taxes and duties, and other costs levied at the discretion of national authorities and other respective entities in the other sub Saharan countries, which are beyond the control of Aspen and Tibotec. Local retail prices may therefore be higher.) PREZISTA, co-administered with ritonavir and with other antiretroviral agents (ARVs), is expected to be indicated for treatment-experienced patients, especially those failing an earlier regimen that includes a protease-inhibitor. The World Health Organization estimates that approximately 4% of people receiving antiretroviral treatment in low- and middle-income countries today need advanced treatment options because of HIV drug resistance. Aspen will seek timely regulatory approval for PREZISTA and manage the mechanism for pre-approval access for patients in sub Saharan Africa in urgent need of PREZISTA where this is permitted by local health authorities. Tibotec is responsible for seeking pre-qualification from the World Health Organization and sNDA approval in order to facilitate the funding of PREZISTA by international organizations. Tibotec, prior to the signing of this agreement, has filed the PREZISTA dossier for regulatory approval in South Africa, Botswana and Namibia. The agreement covers all of sub-Saharan Africa. Twenty countries, with an estimated 80% of total patient need for PREZISTA in sub-Saharan Africa, will be targeted for the first wave of regulatory submissions. These countries are Botswana, Cameroon, Democratic Rep. Congo, Ethiopia, Ghana, Ivory Coast, Kenya, Lesotho, Malawi, Mozambique, Namibia, Nigeria, Rwanda, Senegal, South Africa, Swaziland, Tanzania, Uganda, Zambia and Zimbabwe. The agreement also creates a framework for the manufacture of PREZISTA by Aspen for sub-Saharan Africa at a later date if sustained demand for PREZISTA increases sufficiently to make it economically viable for Aspen. The U.S. Food and Drug Administration (FDA) granted accelerated approval to PREZISTA, a protease inhibitor formerly known as TMC114, in June 2006. The European Commission granted conditional approval in February 2007. “More and more patients in Sub-Saharan Africa are in need of access to new therapies when their existing regimens fail. Tibotec is pleased to be working with a local partner in sub-Saharan Africa to expedite pre-approval access, registration and the development of sustainable supply-chains to meet patient need,” said Julie McHugh, Company Group Chairman, Virology, Tibotec. “One of the single biggest challenges facing the future sustainability of ARV programs in the developing world, is the development of more accessible and affordable second- and third-line antiretrovirals. This Tibotec initiative provides further evidence of the confidence placed in the capabilities of Aspen and is yet another important step, in securing certainty in the supply of critical ARVs to patients living with AIDS in the developing world,” said Stephen Saad, Aspen Group Chief Executive.

Aspen and Strides enter into broad and strategic partnership

Johannesburg South Africa, and Bangalore, India: Aspen Pharmacare (Aspen), Africa’s largest pharmaceutical manufacturer and the largest generics manufacturer in the southern hemisphere, has entered into a series of transactions with Bangalore-based Strides Arcolab Limited (Strides), one of India’s largest exporters of pharmaceutical products. The transactions comprise: the acquisition by Aspen of 50% of Strides’ Latin American operations (“Strides Latina”). Strides Latina is an operation owned by Strides Arcolab Limited mainly operating in Brazil as Cellofarm and in Mexico as Solara, with a marketing and trading operation in Venezuela as Sumifarma; the formation of a 50% joint venture with Strides to develop, manufacture and commercialise a range of oncology products on a global basis through Powercliff Limited (“Powercliff”) and Onco Therapies Limited (“Onco”); the acquisition by Strides of a 51% interest in Co-pharma Limited (“Co-pharma”), Aspen’s 100% owned United Kingdom-based subsidiary; and the acquisition by Strides of 80% of the equity in Formula Naturelle (Pty) Ltd which will, in turn, own a basket of nutraceutical products currently marketed by Aspen Pharmacare in South Africa.  Arun Kumar, Strides’ Vice Chairman and Managing Director said “we are delighted to enhance the already rewarding partnership with Aspen and to broaden the strategic relationship into a global partnership through the four transactions being announced today. Aspen has been Strides’ first key partner and I am particularly delighted that the partnership has grown, based on strong fundamentals of capability and trust. It has always been a delight working with Aspen and with this new alliance, and I am extremely confident that we will create significant new value for both companies. Having worked with Stephen Saad, Gus Attridge, Aspen’s Deputy Group CE and their management team, this strategic conclusion will be ground breaking in many respects and I look forward to working closely with them to create a solid regional Pharma company in Latin America. The opportunity to create a leading oncolytics operation in a niche and difficult domain, bodes well for the Oncolytics JV. Stephen Saad, Aspen Group Chief Executive said “we have worked closely with Strides since 2003. The close collaboration of the past 4 years has resulted in Strides becoming a significant manufacturing and development partner to Aspen in both Africa and Australasia. Today, I am happy to announce that we will forge an even closer partnership. This partnership will be extended to Latin America, Global Oncolytics, Co-pharma in the UK, and Nutraceuticals in South Africa. It has always been a part of the Aspen strategy to enter the Latin American pharmaceutical market. However, until now, we had been unable to find a platform company through which to enter these markets. We were fortunate enough that, through Strides, we have a partner who has had experience and success in this market. Cellofarm is the number two player in the Brazilian hospital market. Furthermore, it has sufficient presence to begin the process of leveraging Aspen’s extensive product portfolio into these markets. The addition of Aspen’s existing intellectual property (IP), Aspen’s front end marketing capabilities, and the combined pipelines of Strides will give impetus to Cellofarm in these branded generic markets. These markets are challenging and have high barriers to entry and, given this launch pad, they should prove key markets into the future for leveraging the significant IP that already vests with Aspen, as well as roll-out of the local manufacturing facilities. Strides and Aspen have a shared vision regarding sterile manufacture and the extension to Oncolytics will complete the basket to the existing capabilities that we are developing around hormonal and other sterile capabilities. We are excited by the opportunity these initiatives offer our organisations. I would also like to thank Arun Kumar, the Vice Chairman and Managing Director of Strides and his team for their efforts in achieving the above. Aspen has been privileged to have enjoyed this close partnership with Strides and from this we have drawn much confidence as we take this partnership to the next level. These investments in Latin America and Oncolytics are important strategic steps in the internationalisation of Aspen which I expect should be value enhancing for Aspen’s shareholders in the medium term. Furthermore, we have sold a majority share in Co-pharma and our South African Nutraceuticals business. We believe the Strides business model is better suited to creating value in these businesses.” The completion of the transactions is subject to the signing of legal agreements and is subject to the Exchange Control approval of the South African Reserve Bank and the approval of the Reserve Bank of India and Strides’ bankers and other financial institutions, as appropriate. Issued by: Shauneen Beukes, Shauneen Beukes Communications Tel: +27 12 661 8467 : Cell: 082 389 8900 Fax: +27 088 12 661 8467 On Behalf Of: Stephen Saad, Aspen Group CE Tel: +27 31 580-8602 Fax: +27 31 580 8640 Gus Attridge, Aspen Deputy Group CE Tel: +27 31 5808604 Fax: +27 31 580 8640 aspenpharma.com Arun Kumar, Strides Vice Chairman & MD or Ravi Seth, Strides Group CFO Tel: +91 80 6658 0110 Fax: +91 80 6658 0200 www.stridesarco.com Harini Iyengar, Adafctors PR, Bangalore Tel: +91 80 4113 32062/64 Fax: +91 80 4113 3059 The Transactions Details of each of the transactions outlined above are as follows: Aspen will acquire a 50% interest Strides Latina via the acquisition of shares from Strides for US$ 58.5 million and the subscription for shares in Strides-Aspen Latina (owned 100% by Strides) for US$94 million. This consideration is subject to adjustment should the earnings for the year following the effective date not reach certain levels. Following the first year after the effective date, Aspen will have an option to buy, and Strides to sell, Strides remaining 50% interest in Strides Latina. Aspen and Strides will enter into a 50% joint venture to develop, manufacture and commercialise oncology products. Aspen will purchase 50% of the issued share capital of Powercliff from Strides for US$25.75 million and will subscribe for 49% of the share capital of Onco and issued debt instruments for US$16.7… Continue reading Aspen and Strides enter into broad and strategic partnership

Aspen records 15% increase in revenue

Johannesburg – JSE listed Aspen (Apn), Africa’s largest pharmaceutical manufacturer, has recorded positive results for the period ended December 2006. Revenue increased by 15 percent to R1,936 billion (R1.687 billion). Net profit after tax rose 15 percent to R332 million (R288.5 million). Earnings per share increased by 13 percent to 95,3 cents (84,5 cents). Headline earnings per share (HEPS) increased 11 percent to 95,6 cents (86.3 cents). Stephen Saad, Aspen Group Chief Executive said “the Group’s key business units performed well and the product pipeline is in good shape to support future growth. Despite the absence of a price increase in South Africa during the period, finished dosage form pharmaceuticals grew revenue by 21% in this market, driven by organic growth and recent product launches. The 5.2% pricing increase announced by the Department of Health (DoH”) in January 2007 will only reflect in second half revenue. Aspen has improved its generic market share, despite increased international interest in this sector. ARVs delivered good growth as the government’s roll-out plan gains momentum. The contribution form Offshore Operations, in particular Australia, was also pleasing.” SOUTH AFRICAN OPERATIONS Revenue from the South African business grew by 11% to R1,550 billion and earnings before interest, investment income, tax and amortisation (“EBITA”) by 16% to R493 million. These results are distorted by the sale of 50% of the equity in Fine Chemicals Corporation Limited (“FCC”) midway through the prior financial year. Consequently, only half of the results achieved by FCC are consolidated into the results for the current period. Furthermore, the comparative period EBITA has been reduced by a R14 million write down in the fair value of FCC. The Pharmaceutical Division performed well, growing revenue by 14% despite the inclusion of only 50% of FCC. On a like-for-like basis revenue growth was 21%. Aspen has improved its generic market share over the six months (IMS data reflects at 35% market share for the twelve months to December) despite increased international interest in this business sector. In the second year of a two year tender cycle, the Public Sector business has been flat. Revenue from FDF antiretrovirals (“ARVs”) increased by 66% from R104 million to R173 million. FCC, the active pharmaceutical ingredient (“API”) manufacturer, matched the strong first half performance delivered in the prior year at both revenue and operating profit. The weaker rand and a strong export order book should assist in maintaining this momentum. The Consumer Division increased revenue by 6% to R432 million. Revenue performance was influenced by a slowing in growth by the infant nutritional range which consolidated substantial gains made in the prior year. Profit margins have however expanded as costs have been trimmed. High production levels have been maintained as stock levels have been raised to ensure optimum service levels to the market. Construction of the sterile facility is on track. Initial validation of this facility is planned for the beginning of 2008. The sterile facility is designed to US Food and Drug Administration standards. INTERNATIONAL OPERATIONS Aspen’s international operations increased revenue by 31% and EBITA by 51%. This was achieved despite a poor performance from Co-pharma, but with the benefit of the inclusion of Astrix, the India-based API joint venture which commenced business in January 2006. Aspen Australia recorded revenue of R259 million, an increase of 24%, whilst improving EBITA by 36% to R37 million. Both Pharmaceutical and Consumer Divisions showed robust growth with the Consumer Division benefiting from new product additions. Aspen Resources, the UK based intellectual property and sourcing company, produced another positive performance, raising EBITA by 32% to R29 million. Co-pharma returned a small loss despite increased volumes. Astrix, which specializes in ARV APIs, increased its contribution to gross revenue from R67 million in its first six months of trade to R80 million. The largest portion of this increase was attributable to trade with Aspen. PROSPECTS The South African pipeline remains a rich source of future product launches as a consequence of continuous attention. The DoH has established a mechanism for annual price increases, taking into account changing economic fundamentals to which the industry is exposed. Aspen’s implementation of the 5,2% price increase will assist in relieving the pent up margin pressures caused by cost inflation and exchange rate weakness over the extended period when price increases were barred. The legislative environment for pharmaceuticals does however remain uncertain. The regulator has invited comment on the proposed international benchmarking legislation. Given the proposed structure of this legislation it is not possible for Aspen to evaluate the potential impact until greater clarity has been achieved in respect of originator products. Aspen is confident that the regulator will take due consideration of pertinent factors raised in comment by the industry. Aspen’s ARV offering continues to expand by product and territory providing scope for further strong growth in this life sustaining treatment category. Viread and Truvada, originator products which are leading second line treatments, will both be launched into African markets by Aspen before the end of the financial year. Growing capacity utilization in the oral solid dose (“OSD”) production facility will lead to enhanced production efficiencies. Opportunities to provide manufacturing services from the OSD facility for multi-national pharmaceutical companies are presently under consideration. There has also been substantial international interest in the production capabilities offered by the sterile facility due to commence commercial production towards the end of 2008. Aspen has already concluded a long-term agreement for production from the sterile facility with a subsidiary of Prestige Brands Inc., a leading supplier of eye drops in the USA and Canadian market. As has been previously communicated, the current year is one in which Aspen is focusing on the consolidation of past gains and on establishing the platform for the implementation of growth strategies through to the end of the decade. The benefits of these initiatives should be reflected in the results of the forthcoming financial year.

Appointment of Alternate Director

Aspen has appointed Derek Thomas, BCom (Finance and Economics); BCom (Hons) (Economics); MCOM (Economics); MSc (Economics), as an alternate director to Pasco Dyani with effect from 6 February 2007. Since 2000, Derek has served as CEO of CEPPWAWU Investments (Pty) Ltd, a broad based black economic empowerment investment company (wholly owned by a Trust formed and managed by CEPPWAWU, the major union in sectors such as pharmaceuticals, chemicals, energy, paper, packaging and printing). Derek has successfully concluded a number of profitable and transformational Broad-based Black Economic Empowerment transactions. He also serves CEPPWAWU, as a trade union, (by invitation) directly on a number of high-level project committees in the union’s financial arena. Previously Derek served as a consultant at Letsema Consulting. In this capacity he worked closely with Mercer Management Consulting (an international management consulting company, headquartered in Boston, Massachusetts, USA) with whom Letsema had a joint venture agreement. Derek has diversified project experience, including public sector and parastatal institutional and operational reform, private sector business case development, financial structuring and industrial and enterprise strategy. His experience covers a number of industry sectors and clients, all in a senior capacity. Derek maintains an ad hoc consulting relationship with senior government officials (including DG level) in the ‘Economic Cluster’, especially the Department of Public Enterprises (DPE). He serves on the following Boards in a non-executive capacity: Transpaco Limited (including respectively strategy, and remuneration sub-committees; audit sub-committee by standing invitation) Barloworld Logistics Africa (Pty) Ltd (including audit sub-committee) Various private company boards within Letsema Holdings (Pty) Ltd.  Aspen believes that with his qualifications and experience Derek will make a valuable contribution and look forward to working with him.

Once-offs results in 235% increase in HEPS

Johannesburg – JSE listed Aspen (Apn), Africa’s largest pharmaceutical manufacturer, has announced impressive results for the financial year ended June 30, 2006. These are the first set of annual results reported under International Financial Reporting Standards (IFRS). Headline earnings per share (HEPS) grew by 235 percent to 185.5 cents (144.7 cents). Revenue increased by 23 percent to R3.449 billion (R2.9 billion). Operating profit increased by 96% to R968 million (R493 million). Capital distribution of 62 cents (48 cents) per ordinary share was declared. This represents an increase of 29% over the previous year distribution and is covered 3 times by headline earnings per share. These results have however been effected by a number of once-off transactions in both the prior and current year, the most material of which are: A charge of R282,4 million in the prior year in respect of the Black Economic Empowerment (“BEE”) transaction concluded by Aspen in June 2005. The claiming of the Strategic Investment Project tax allowance under section 12G of the Income Tax Act relating to the investment by Aspen in its Oral Solid Dosage (“OSD”) facility. This has reduced the tax charge in the year under review by R31,9 million. Costs relating to Aspen’s unsuccessful bid to acquire PLIVA dd, a Croatian based generic pharmaceutical company, during the latter part of the year under review which amounted to R21,3 million. After adjusting for the once-offs, “normalised” headline earnings per share increased by 32% to 182.1 cents (144.7cents). Stephen Saad, Group Chief Executive said “Aspen’s impressive performance was driven by organic volume growth, new product launches, a strong performance from the consumer division led by infant milk formulations and an increased contribution from anti-retrovirals (ARVs). This is a highly credible performance despite the three year price freeze, an extremely competitive generic market, regulatory limitations placed on selected marketing activities and currency pressures.” SOUTH AFRICAN OPERATIONS The South African business continued to deliver solid results. Revenue grew by 24% to R2,849 billion and EBITA was up 21% at R913 million. These increases were achieved despite the disposal of 50% of Fine Chemicals Corporation (Pty) Ltd (FCC) to Matrix Laboratories Limited (“Matrix”) midway through the year. Pharmaceutical Division revenue increased by 24% to R2,054 billion. Finished dosage form pharmaceuticals raised revenue by 26% mainly through organic volume growth and new product launches. Aspen once again led the market in new product launches. Aspen increased volumes on award of the most recent South African public sector tender which commenced in October 2005. ARV sales for the year were R266 million of which more than R100 million was from exports to Africa with the balance coming from the South African private and public sectors. Aspen ARV’s presently cover the lives of an estimated 300 000 patients. The Consumer Division’s revenue increased by 24% to R795 million. This strong performance was led by Aspen’s infant milk formula brands which have increased market share over the year. The launch of Playgirl deodorants and line extensions to the Playboy and Vinolia brands further supported the good performance in the consumer market. Aspen’s Group Operations provided for continued high levels of production. Capacities were improved in the Port Elizabeth-based OSD facility with the addition of a second integrated granulation suite and the extension of packing capabilities. An investment in more efficient packing equipment was also made in the Port Elizabeth general facility. The additional capacity has allowed Aspen to manage increased demand more effectively and service levels are presently at an acceptable level. Construction of the sterile facility in Port Elizabeth is proceeding well. This R360 million rand facility will have production capabilities in injectables, eye drops and freeze-dried vials for multi-drug resistant tuberculosis products. The facility is planned to position Aspen at the highest international standards in an area of niche manufacture. Initial validation remains scheduled for the beginning of 2008. INTERNATIONAL OPERATIONS Aspen Australia recorded a 28% increase in revenue to R396 million whilst improving EBITA by 22% to R53 million. The decline in operating margin percentage is a consequence of the full year effect of a long term distribution contract with Novartis which is only expected to become profit generating in the 2008 financial year. The consumer offering in Australia was expanded by the distribution of a range of deodorant brands commencing in January 2006. UK-based Aspen Resources increased its intellectual property portfolio by the acquisition of the deodorant brands which are distributed by Aspen Australia. Aspen Resources increased EBITA by 12% to R41 million. The UK commodity generic market remained intensely competitive. Co-pharma reported a decline in revenue of 23% to R162 million and a reduction of 64% in EBITA to R3 million. Aspen USA was incorporated during the year. This operation is in its formative stage and is presently focused on developing strategic opportunities in the USA market for the Group. No material trade took place during the year. Aspen acquired 50% of Indian-based Astrix Laboratories Limited (“Astrix”) in January 2006 for R233 million. Astrix is jointly owned with Matrix and provides vertical integration into the manufacture of active pharmaceutical ingredients used in the production of ARVs. As such, revenue and profits generated by Astrix in its transactions with Aspen are eliminated on consolidation. INFECTIOUS DISEASES Aspen continues to commit substantial resources to the enhancement of its portfolio of generic ARVs. The development of ARVs, including combination products, are prioritised at the Group’s Pharmaceutical Research laboratories in Port Elizabeth. Aspen will also seek opportunities to further extend its influence in infectious diseases, particularly those afflicting Africa. PROSPECTS Growth prospects are likely to be most strongly influenced by the extent of additional generic substitution which takes place in the South African market, the market penetration achieved by new product launches which are driven by Aspen’s robust pipeline, the acceptance of price increases in the South African pharmaceutical market and demand patterns in the ARV markets serviced by Aspen. Aspen is investing in development and manufacturing capabilities in areas identified as potential future growth drivers. The Group is… Continue reading Once-offs results in 235% increase in HEPS

Aspen 3rd in FM 2006 Top Companies

Aspen was ranked third in the June 2006 Financial Mail Top Companies survey. Companies are ranked based on consistent performance for five years. Aspen wasn’t on the radar screen a few years ago; now it’s in third position and has a market capitalization in excess of R14 billion. Aspen’s share delivered a highly credible 112% rise in a one year period, returning real value to shareholders.Aspen is a salutary reminder that aspirant blue-chip companies don’t necessarily need a long track record. CEO Stephen Saad led the acquisition of SA Druggists for R2.4 billion in 1999, and confounded the skeptics by paying off a R1 billion debt within five years. Now Aspen supplies 25% of the tablets or capsules in South Africa’s public health-care system. Extracts Financial Mail June 2006. www.financialmail.co.za

Closed Period

Aspen is in a closed period from 1st January 2026 until the publication of the interim results on the JSE SENS platform on the 3rd March 2026.

The live presentation will take place in Cape Town at 08h30 on 2 March 2023.

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