Dealings in securities by an associate of a director of Hospitality HOSPITALITY PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/014211/06) JSE share code: HPB ISIN: ZAE000214656 (Approved as a REIT by the JSE) (“Hospitality” or “the company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF HOSPITALITY Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Hospitality: Name of associate: Elsitime Proprietary Limited (“Elsitime”) Transaction date: 18 July 2017 Class of securities: Ordinary shares Total number of securities acquired by Elsitime: 47 462 Price per security: R14.00 Total value: R664 468.00 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Name of director and relationship to director: Laurelle McDonald, who is a director of and a 25% shareholder in Elsitime Name of associate: Elsitime Transaction date: 18 July 2017 Class of securities: Ordinary shares Total number of securities acquired by Elsitime: 50 000 Price per security: R14.05 Total value: R702 500.00 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Name of director and relationship to director: Laurelle McDonald, who is a director of and a 25% shareholder in Elsitime 21 July 2017 Sponsor Java Capital Date: 21/07/2017 11:35:00 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.