HCI - Hosken Consolidated Investments Limited - Exercise of options by

HCI - Hosken Consolidated Investments Limited - Exercise of options by          
directors                                                                       
HOSKEN CONSOLIDATED INVESTMENTS LIMITED                                         
(Incorporated in the Republic of South Africa)                                  
(Registration number 1973/007111/06)                                            
(Share code: HCI & ISIN: ZAE000003257)                                          
EXERCISE OF OPTIONS BY DIRECTORS                                                
In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements    
the following information regarding the off-market exercise of options in       
terms of the HCI Employee Share Trust (2001) is disclosed:                      
Director                            :    Mr J A Copelyn                         
Designation                         :    Chief Executive Officer                
Nature of transaction               :    Exercise of options                    
Class of securities                 :    Ordinary shares - Direct Beneficial    
Date of grant of options            :    12 June 2009                           
Date of vesting of options          :    11 June 2011                           
Date of exercise of options         :    26 March 2012                          
Number of options exercised         :    230 476                                
Option strike price                 :    R37.80                                 
Total value of options              :    R8 711 992.80                          
Director                            :    Mr T G Govender                        
Designation                         :    Financial Director                     
Nature of transaction               :    Exercise of options                    
Class of securities                 :    Ordinary shares - Direct Beneficial    
Date of grant of options            :    12 June 2009                           
Date of vesting of options          :    11 June 2011                           
Date of exercise of options         :    26 March 2012                          
Number of options exercised         :    88 184                                 
Option strike price                 :    R37.80                                 
Total value of options              :    R3 333 355.20                          
Clearance                           :    Clearance in terms of par. 3.66 of     
the JSE Listings Requirements was       

                                        obtained.                               
27 March 2012                                                                   
Sponsor: Investec Bank Limited                                                  
Date: 27/03/2012 17:10:19 Supplied by www.sharenet.co.za                     
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