Award and acceptance of options HOSKEN CONSOLIDATED INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1973/007111/06) (Share code: HCI & ISIN: ZAE000003257) GRANT AND ACCEPTANCE OF OPTIONS TO DIRECTORS AND OFFICERS In compliance with Rules 3.63 - 3.74 of the JSE Limited Listing Requirements the following information regarding the granting and acceptance of options in terms of the HCI Employee Share Scheme is disclosed: Director : Mr Y Shaik Designation : Executive Director Nature of transaction : Off market grant and acceptance of option Nature of Interest : Direct, Beneficial Class of Shares : Ordinary shares Date of grant of option : 19 March 2014 Date of acceptance : 19 March 2014 Number of options : 119 086 Option strike price : R125.02 (10% discount to the 20 day VWAP) Value of transaction : R14 888 131.72 Vesting date of options : 39 696 options on 19 March 2017 39 695 options on 19 March 2018 39 695 options on 19 March 2019 Expiry date of options : 39 696 options on 19 June 2017 39 695 options on 19 June 2018 39 695 options on 19 June 2019 Clearance : Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained. Cape Town 20 March 2014 Sponsor: Investec Bank Limited Date: 20/03/2014 03:55:00 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.