Finalisation announcement in respect of the interim dividend for the six months ended 28 February 2017 International Hotel Properties Limited (previously International Hotel Group Limited) (Incorporated in the British Virgin Islands) (Company number 1862176) JSE share code: IHL ISIN: VGG487261064 (“IHL” or the “Company”) FINALISATION ANNOUNCEMENT IN RESPECT OF THE INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 28 FEBRUARY 2017 IHL shareholders are referred to the announcement released on 3 May 2017 wherein they were advised that the Company had approved an interim dividend of 2.2 pence per share in respect of the six months ending 28 February 2017. Shareholders are now advised that the conversion rate is GBP1: ZAR 17.55200. Therefore, the dividend of 2.2 pence per share will equal 38.61440 ZAR cents per share. The information provided in this paragraph is only of direct application to shareholders on the South African share register. The interim dividend should be regarded as a ‘foreign dividend’ for South African income tax and dividends tax purposes. The gross local dividend amount is 38.61440 ZAR cents per share for shareholders exempt from paying South African dividends tax. The net local dividend amount is 30.89152 ZAR cents per share for shareholders liable to pay South African dividends tax at a rate of 20%. The salient dates for the payment of the dividend as published in the announcement on 3 May 2017 remain unchanged. M Partners Luxembourg listing agent +352 263 868 602 Java Capital JSE sponsor +27 (0) 11 722 3050 FTI Consulting South African Public Relations Advisor Sherryn Schooling +27 (0) 21 487 9027 Company Secretary Osiris Secretarial Services Ltd +1 (284) 494 9820 Notes to editors: IHL is a hotel and leisure focused property investment company which owns nine hotels in the UK. The Company’s shares are currently listed on the Euro MTF market of the Luxembourg Stock Exchange, which constitutes its primary listing, and on the AltX of the JSE which constitutes its secondary listing. 16 May 2017 Date: 16/05/2017 07:05:00 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.