HYP - Hyprop Investments Limited - Correction to the audited results for the

HYP - Hyprop Investments Limited - Correction to the audited results for the    
year ended 31 December 2011 and amount of distribution per combined unit        
Hyprop Investments Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1987/005284/06)                                               
Share Code: HYP                                                                 
ISIN: ZAE000003430                                                              
("Hyprop" or "the company")                                                     
CORRECTION TO THE AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2011 AND AMOUNT
OF DISTRIBUTION PER COMBINED UNIT                                               
Unitholders are referred to the audited results announcement released on SENS   
this morning (Wednesday, 29 February 2012) and are advised of the following     
corrections to the audited results:                                             
-    Hyprop`s RMB bridge loan facility, which is repayable within the next      
    twelve months, was reflected in long-term loans and should have been        
included in short-term loans. The balance of this facility as at 31         
    December 2011 was R447.3 million. The effect of this reallocation on        
    Hyprop`s statement of financial position as at 31 December 2011 is that     
    long-term loans reduce from R 4.64 billion to R 4.19 billion and short-term 
loans increase from R 900 million to R 1.35 billion. The reallocation has   
    no impact on Hyprop`s net asset value per combined unit and the audited     
    results posted to unitholders will reflect the correct classification; and  
-    Under the heading "PAYMENT OF DEBENTURE INTEREST" it was stated that       
Distribution 49 for the four months ended 31 December 2011 will be 138      
    cents per combined unit. This is incorrect, Distribution 49 for the four    
    months ended 31 December 2011 will in fact be 137 cents per combined unit,  
    as stated elsewhere in the announcement.                                    
29 February 2012                                                                
Sponsor                                                                         
Java Capital                                                                    
Date: 29/02/2012 13:00:03 Supplied by www.sharenet.co.za                     
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