Grant and acceptance of options to directors and officers 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 J A Copelyn Designation : Chief Executive Officer Nature of transaction : Grant and acceptance of option Off Market Nature of Interest : Direct, Beneficial Class of Shares : Ordinary shares Date of grant of option : 18 March 2015 Date of acceptance : 31 March 2015 Number of options : 72 864 Option strike price : R135.99 (10% discount to the 20 day VWAP) Value of transaction : R 9 908 775 Vesting date of options : 18 March 2018 Expiry date of options : 18 June 2018 Director : Mr T G Govender Designation : Financial Director Nature of transaction : Grant and acceptance of option Off Market Nature of Interest : Direct, Beneficial Class of Shares : Ordinary shares Date of grant of option : 18 March 2015 Date of acceptance : 31 March 2015 Number of options : 27 879 Option strike price : R135.99 (10% discount to the 20 day VWAP) Value of transaction : R 3 791 265 Vesting date of options : 18 March 2018 Expiry date of options : 18 June 2018 Clearance : Clearance in terms of par. 3.66 of the JSE Listings Requirements was obtained. Cape Town 31 March 2015 Sponsor: Investec Bank Limited Date: 31/03/2015 10:45:00 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.