HOSPITALITY PROPERTY FUND LIMITED - Changes to the board of directors

Release Date: 15/08/2018 16:55
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Changes to the board of directors

(Incorporated in the Republic of South Africa)
(Registration number 2005/014211/06)
JSE share code: HPB  ISIN: ZAE000214656
Bond company code: HPAI
(Approved as a REIT by the JSE)
("Hospitality" or "the company")


Shareholders are advised that independent non-executive director, Mrs ZN Malinga, who is due to retire by rotation 
at the upcoming annual general meeting of the company, expected to be held on 18 October 2018, has informed the
company of her intention to retire from the board of directors of Hospitality (“the Board”) with effect from
18 October 2018, due to increased business commitments and will accordingly not offer herself for re-election. 
She will, however, continue to server on the Board until such date.

Shareholders are further advised that Mr MH Ahmed has been appointed as an independent non-executive director of
Hospitality with effect from 14 August 2018. Mr Ahmed is a businessman who has served on the boards of various
listed companies, including as an alternate director for MTN. He is currently an independent non-executive director
for both Montauk Holdings and Deneb Investments, where he also serves as the Chair of the audit, risk and
remuneration committees and is the founder of the Gallagher Charitable Trust.

The Board welcomes Mr Ahmed to Hospitality and express their gratitude and thanks to Mrs Malinga in advance for
her valuable contribution to the company during her tenure and wish her well in her future endeavours.

15 August 2018

Java Capital

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