Dealings in securities by associates of a director Ascendis Health Limited (Registration number 2008/005856/06) (Incorporated in the Republic of South Africa) Share code: ASC ISIN: ZAE000185005 (“Ascendis” or “the Company”) Dealings in securities by associates of a director In terms of paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE Limited, the following information, relating to dealings in securities by associates of a director, is disclosed: Name of director: Gary Shayne (non-executive) Name of associate: Gane Holdings Proprietary Limited (“Gane Holdings”) Nature and extent of interest: Indirect beneficial – through Gane Holdings, in which Gary Shayne holds an indirect controlling shareholding through the ultimate holding company, Coast2Coast Communications Limited (“C2C”) Nature of transactions: Involuntary sale, on market, as a result of forced sales actioned by financial institutions due to the shares being linked to equity finance transactions resulting in margin calls. C2C is a long-term shareholder of Ascendis and remains confident in the strategy of the Company. Class of shares: Ordinary shares Written clearance obtained: Clearance was obtained from the Chairman Trade 1: Date of transaction: 11 December 2018 Number of shares: 30,000 Price per share (low): R3.43 Price per share (high): R3.61 Volume weighted average price: R3.4600 Value: R103,800.00 Trade 2: Date of transaction: 13 December 2018 Number of shares: 103,364 Price per share (low): R3.35 Price per share (high): R3.40 Volume weighted average price: R3.3516 Value: R346,434.78 Trade 3: Date of transaction: 14 December Number of shares: 280,769 Price per share (low): R3.35 Price per share (high): R3.45 Volume weighted average price: R3.3596 Value: R943,271.53 Nature and extent of interest: Indirect beneficial – Gane Holdings, through a wholly-owned subsidiary, K2016119851 (South Africa) (Pty) Ltd. Gary Shayne holds an indirect controlling shareholding in Gane Holdings through the ultimate holding company, Coast2Coast Communications Limited (“C2C”) Nature of transactions: Involuntary sale, on market, as a result of forced sales actioned by financial institutions due to the shares being linked to equity finance transactions resulting in margin calls. Class of shares: Ordinary shares Written clearance obtained: Clearance was obtained from the Chairman Trade 1: Date of transaction: 11 December 2018 Number of shares: 75,426 Price per share (low): R3.43 Price per share (high): R3.75 Volume weighted average price: R3.4909 Value: R263,304.62 Trade 2: Date of transaction: 12 December 2018 Number of shares: 290,000 Price per share (low): R3.12 Price per share (high): R3.38 Volume weighted average price: R3.1809 Value: R922,461.00 Trade 3: Date of transaction: 13 December 2018 Number of shares: 300,000 Price per share (low): R3.11 Price per share (high): R3.35 Volume weighted average price: R3.2168 Value: R965,040.00 Trade 4: Date of transaction: 14 December 2018 Number of shares: 700,000 Price per share (low): R3.17 Price per share (high): R3.45 Volume weighted average price: R3.2869 Value: R2,300,830.00 Bryanston 18 December 2018 Sponsor Questco Corporate Advisory Proprietary Limited Date: 18/12/2018 02:03:00 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.