HPA/HPB - Hospitality Property Fund Limited - Results of General Meeting and

HPA/HPB - Hospitality Property Fund Limited - Results of General Meeting and    
renewal of cautionary announcement                                              
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 for B-linked units: HPB                                              
ISIN for B-linked units: ZAE000076808                                           
("Hospitality")                                                                 
RESULTS OF GENERAL MEETING AND RENEWAL OF CAUTIONARY ANNOUNCEMENT               
Hospitality linked unitholders are advised that at the general meeting of       
Hospitality shareholders and debenture holders held on Wednesday, 28 March      
2012, all of the resolutions relating to the proposed rights offer and          
general issue of shares for cash were passed by the requisite majorities.       
Hospitality is in the process of finalising the pricing of the rights offer     
with major unitholders and underwriters. It hopes to reach consensus in this    
regard within the next week at which point a further announcement will be       
published.  In the interim, unitholders are advised to continue to exercise     
caution when trading in Hospitality units.                                      
Johannesburg                                                                    
28 March 2012                                                                   
Lead transaction sponsor and corporate advisor                                  
Java Capital                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (a division of FirstRand Bank Limited)                       
Date: 28/03/2012 13:03:14 Supplied by www.sharenet.co.za                     
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