Change Statement and Notice of Annual General Meeting HOSKEN CONSOLIDATED INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1973/007111/06) (Share code: HCI & ISIN: ZAE000003257) CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that HCI’s integrated annual report, incorporating the summarised audited results for the year ended 31 March 2018, will be posted to shareholders on Tuesday 31st July 2018. The audited annual financial statements contain the following modification to the reviewed provisional consolidated results for the year ended 31 March 2018 released on SENS on Wednesday, 23 May 2018: Deferred income amounting to R18.6 million has been reclassified from trade and other payables to other current liabilities with the effect that trade and other payables have decreased from R3 036.2 million to R3 017.6 million and other current liabilities have increased from R198.0 million to R216.6 million. The reclassification has no impact on total current liabilities, equity or profit and loss Grant Thornton Johannesburg Partnership audited the results and the annual financial statements of HCI and their unqualified report are available for inspection at the registered offices of the Company. Shareholders are advised that the integrated annual report and the annual financial statements for the year ended 31 March 2018 is available on the Company’s website (www.hci.co.za) on Friday 27th July 2018. The annual report contains a notice of Annual General Meeting for HCI shareholders, which will be held at the registered offices of the company, Suite 801#, 76 Regent Road, Sea Point 8005 on 22 October 2018 at 12:00. Cape Town 31 July 2018 Sponsor: Investec Bank Limited Date: 31/07/2018 04:15:00 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.