HOSKEN CONSOLIDATED INVESTMENTS LTD - Resignation of independent non-executive director

Resignation of independent non-executive director

HOSKEN CONSOLIDATED INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1973/007111/06)
(Share code: HCI & ISIN: ZAE000003257)

RESIGNATION OF INDEPENDENT NON-EXECUTIVE DIRECTOR

HCI shareholders are advised that Ms B.A. Hogan has resigned as a director of HCI and
member of the audit committee with immediate effect.    We note the resignation of Barbara
Hogan from our board and express our somewhat surprise at the hostile manner in which it
is couched and publicly distributed.

We thank Barbara for her services to HCI and assure the public that, perhaps other than
Marcel himself, no other board members of HCI see this matter similarly.

Cape Town
27 October 2014

Sponsor: Investec Bank Limited

Date: 27/10/2014 09:45:00 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.