HPA/HPB - Hospitality Property Fund Limited - Dealings in securities by an

HPA/HPB - Hospitality Property Fund Limited - Dealings in securities by an      
associate of a director                                                         
HOSPITALITY PROPERTY FUND LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/014211/06)                                            
Share code for A linked units:  HPA                                             
ISIN for A linked units: ZAE000076790                                           
Share code of B linked units: HPB                                               
ISIN for B linked units: ZAE000076808                                           
("Hospitality")                                                                 
DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR                            
In terms of the Listings Requirements of the JSE Limited, the following         
information, relating to dealings in securities by directors, is disclosed:     
Director                      :  Y Aminzadeh, who is a director and             
                                indirect shareholder of Hotel Tourism and       
Leisure Asset Management (Pty) Ltd              

                                ("HTLAM"), the entity which entered into        
                                the transaction                                 
Company                       :  Hospitality                                    


Date of transaction           :  23 May 2012                                    
Nature of transaction         :  On market sale of rights*                      
Class of securities:          :  Hospitality B-linked unit rights ("HPBN")      
Number of options exercised   :  50 000 HPBN                                    
Option price                  :  R0.16 per HPBN                                 
Value of transaction          :  R8 000,00                                      
                                                                                
Date of transaction           :  24 May 2012                                    
Nature of transaction         :  On market sale of rights*                      
Class of securities           :  Hospitality B-linked unit rights ("HPBN")      
Number of options exercised   :  117 000 HPBN                                   
Option price                  :  R0.19 per HPBN                                 
Value of transaction          :  R22 230,00                                     
                                                                                
Date of transaction           :  29 May 2012                                    
Nature of transaction         :  On market sale of rights*                      
Class of securities           :  Hospitality B-linked unit rights ("HPBN")      
Number of options exercised   :  162 000 HPBN                                   
Option price                  :  R0.12 per HPBN                                 
Value of transaction          :  R19 440,00                                     
                                                                                
Nature of interest            :  Indirect beneficial                            
*Disposal of rights in order to allow HTLAM to follow a portion of its rights.  
Johannesburg                                                                    
29 May 2012                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 29/05/2012 15:12:01 Supplied by www.sharenet.co.za                     
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