HPAN / HPBN - Hospitality Property Fund - Dealing In Securities By A Director

HPAN / HPBN - Hospitality Property Fund - Dealing In Securities By A Director   
HOSPITALITY PROPERTY FUND LIMITED                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/014211/06)                                            
Share code for A linked units: HPAN                                             
ISIN for A linked units: ZAE000105060                                           
Share code of B linked units: HPBN                                              
ISIN for B linked units: ZAE000105078                                           
("Hospitality")                                                                 
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of the Listings Requirements of the JSE Limited, the following         
information, relating to the dealing in securities by a director, is disclosed: 
Director:                          Y Aminzadeh (who owns 100% of Hotel Tourism  
                                  and Leisure Asset Management (Proprietary)    
                                  Limited ("HTLAM"), the entity which entered   
into the transaction)                         

Company of which a director:       Hospitality                                  
Nature of transactions:            The transfer of Hospitality linked units to  
                                  an employee. These linked units were held on  
behalf of the employee in HTLAM and were      

                                  obtained by participating in the private      
                                  placement at the time of listing and the      
                                  taking up of rights in terms of the recent    
rights offer.                                 

Date of transactions:              29 November 2007                             
Share class:                       A linked units                               
Number of A linked units:          3 000                                        
Price:                             R10.00 per A linked unit                     
Value of transaction:              R30 000.00                                   
Share class:                       A linked units                               
Number of A linked units:          1 044                                        
Price:                             R12.86 per A linked unit                     
Value of transaction:              R13 425.84                                   
Share class:                       B linked units                               
Number of B linked units:          5 000                                        
Subscription price:                R10.00 per B linked unit                     
Value of transaction:              R50 000.00                                   
Share class:                       B linked units                               
Number of B linked units:          1 740                                        
Subscription price:                R18.58 per B linked unit                     
Value of transaction:              R32 329.20                                   
Extent of interest:                Indirect beneficial                          
Clearance obtained:                Yes                                          
Johannesburg                                                                    
29 November 2007                                                                
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 29/11/2007 14:56:27 Supplied by www.sharenet.co.za                     
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