IPL
IPL                                                                             
IPL - Imperial Holdings Limited - Further cautionary announcement               
Imperial Holdings Limited                                                       
Registration number: 1946/021048/06                                             
Share code: IPL                                                                 
ISIN: ZAE000067211                                                              
("Imperial" or "the group")                                                     
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders are referred to the cautionary announcement released on SENS       
on 29 May 2009 informing shareholders that Imperial had entered into            
discussions with Nedbank Group Limited regarding Imperial Bank Limited.         
Shareholders are advised that these discussions are still in progress and       
accordingly shareholders are advised to continue to exercise caution when       
dealing in Imperial`s securities until a further announcement is made.          
Company Secretary                                                               
RA Venter                                                                       
By order of the Board                                                           
13 July 2009                                                                    
BEDFORDVIEW                                                                     
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
Date: 13/07/2009 14:50:01 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.