Announcement by Tsogo Sun Hotels Limited and Hospitality Property Fund Limited HOSKEN CONSOLIDATED INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1973/007111/06) (Share code: HCI & ISIN: ZAE000003257) (“HCI” or “the Company”) ANNOUNCEMENT BY TSOGO SUN HOTELS LIMITED AND HOSPITALITY PROPERTY FUND LIMITED Shareholders are hereby referred to the joint voluntary announcement of HCI subsidiaries Tsogo Sun Hotels Limited and Hospitality Property Fund Limited released today on SENS in respect of its response to the operational impact of the COVID-19 virus. Cape Town 20 March 2020 Sponsor: Investec Bank Limited Date: 20-03-2020 05:07:00 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.