Changes to the board of directors 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 of B linked units: HPB ISIN for B linked units: ZAE000076808 (“Hospitality” or “the Fund”) CHANGES TO THE BOARD OF DIRECTORS In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, Hospitality is pleased to announce the appointment of Miss Zola Ntwasa as an independent non-executive director and a member of the Fund’s audit and risk committee. Miss Ntwasa qualified as a Chartered Accountant (SA) in 2003 after having completed a Postgraduate Diploma in Accounting at the University of Natal (DBN) and a Bachelor of Commerce degree at the University of Cape Town. She is a director of Standard Bank Group Limited’s Real Estate Finance division, heading up its New Business team. Miss Ntwasa was previously an investment banker, having held roles in Standard Bank’s BEE Finance division and in Corporate Finance at Investec Bank Limited. Miss Ntwasa is currently the chair of the Women’s Property Network (Gauteng) and a member of SAPOA, AWCA and ABASA. Miss Ntwasa’s appointment is with immediate effect. Johannesburg 8 July 2013 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 08/07/2013 04:24:00 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.