HYP - Hyprop Investments Limited - Change to the board of directors

HYP - Hyprop Investments Limited - Change to the board of directors             
Hyprop Investments Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1987/005284/06)                                               
Share Code: HYP   ISIN: ZAE000003430                                            
("Hyprop" or "the Company")                                                     
CHANGE TO THE BOARD OF DIRECTORS                                                
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited,  
the board of directors of Hyprop ("the Board") notifies combined unitholders    
that the Company`s Chief Executive Officer, Mike Rodel, will vacate his         
position after the annual results presentations in March 2011.                  
The decision, which was mutual and amicable, was taken due to differences of    
opinion between Mike and the Board on operational issues.                       
Mike has made a meaningful contribution to Hyprop during his tenure.  The       
Board thanks him and wishes him much success in his future endeavours.          
An announcement in regard to a successor will be made in due course.            
15 February 2011                                                                
Sponsor                                                                         
Java Capital                                                                    
Date: 15/02/2011 17:45:01 Supplied by www.sharenet.co.za                     
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