HPA/HPB - Hospitality Property Fund Limited - Rights offer opens and Rights

HPA/HPB - Hospitality Property Fund Limited - Rights offer opens and Rights     
Offer Circular posted                                                           
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" or "the company")                                                
RIGHTS OFFER OPENS AND RIGHTS OFFER CIRCULAR POSTED                             
Linked unitholders are referred to the finalisation announcement released on    
SENS on 11 May 2012 in which the terms and dates relating to the rights offer   
("the rights offer") were announced.                                            
Unitholders are hereby advised that the rights offer opened today and that the  
circular relating to the rights offer will be posted to Hospitality linked      
unitholders today. The circular is also available on Hospitality`s website at   
www.hpf.co.za.                                                                  
Johannesburg                                                                    
28 May 2012                                                                     
Lead transaction sponsor and corporate advisor                                  
Java Capital                                                                    
Sponsor                                                                         
RAND MERCHANT BANK (a division of FirstRand Bank Limited)                       
Date: 28/05/2012 12:43:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.