HOSPITALITY PROPERTY FUND LIMITED - Availability of the Annual Financial Statements

Availability of the Annual Financial Statements

Hospitality Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/014211/06)
Company code: HPAI
(Approved as a REIT by the JSE)
(“Hospitality” or “the Issuer”)


AVAILABILITY OF THE ANNUAL FINANCIAL STATEMENTS

Bondholders are advised that Hospitality’s audited annual financial statements (“audited AFS”) for
the period ended 31 March 2017 are available at the registered office of the Issuer.

The audited AFS have also been made available on the Issuer’s website – www.hpf.co.za.

The Issuer would like to highlight that the only change from the reviewed condensed consolidated
financial results for the period ended 31 March 2017 (“reviewed results”) released on the Issuer’s
website - www.hpf.co.za, is noted below:

A Nedbank loan, identified as loan 04, to the value of R150 million which expires in February 2018,
was previously disclosed under non-current liabilities in the reviewed results. The loan has been
reclassified to current liabilities in the audited results. The total liabilities balance remains
R1 857 560 000 in both the reviewed results and audited results. No other balances or amounts
were affected by this reclassification.

Extracts from the reviewed and audited results

                            Audited results        Reviewed results         Difference
                            R’000                  R’000                    R’000
  Liabilities
  Non-current liabilities
  Interest-bearing          1 488 493              1 638 493                 (150 000)
  liabilities
  Current liabilities
  Interest-bearing          230 000                80 000                    150 000
  liabilities


31 August 2017

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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