HOSPITALITY PROPERTY FUND LIMITED - Changes to the important functions of an independent non-executive director

Changes to the important functions of an independent non-executive director

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 IMPORTANT FUNCTIONS OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

In compliance with paragraph 3.59(c) of the JSE Limited Listings Requirements, the Board of directors of Hospitality hereby notifies unitholders that, in-line with its succession program, Mr Willy Ross has stepped down as a member of the
Audit and Risk Committee with effect from 1 April 2014. Mr Ross will remain on the Board as an independent non-executive director and will retain his position on the other Board
committees.

The Audit and Risk Committee remains fully constituted as required by the Companies Act No. 71 of 2008 with four independent non-executive members, being Mrs Linda de Beer (Chairman), Ms Zola Ntwasa, Messrs Kamil Abdul-Karrim and Sydney Halliday.

3 April 2014
Johannesburg

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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