Dealings in securities by an associate of directors of Hospitality HOSPITALITY PROPERTY FUND LIMITED (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”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF HOSPITALITY In terms of the Listings Requirements of the JSE Limited, the following information, relating to the dealings in securities by an associate of directors of Hospitality, are disclosed: Name of associate: Elsitime Proprietary Limited (“Elsitime”) Name of directors and relationship to directors: MN von Aulock, who is a director and 75% shareholder in Elsitime and L Mc Donald, who is a director and 25% shareholder in Elsitime Transaction date: 23 January 2020 Class of securities: Ordinary shares Number of securities: 10 000 Highest traded price for the day: R7.20 Weighted average price per security: R7.04686 Lowest traded price for the day: R6.59 Total value of transaction: R70 468.56 Nature and extent of directors’ interests: Indirect beneficial Nature of transaction On-market purchase Clearance obtained: Yes Name of associate: Elsitime Proprietary Limited (“Elsitime”) Name of directors and relationship to directors: MN von Aulock, who is a director and 75% shareholder in Elsitime and L Mc Donald, who is a director and 25% shareholder in Elsitime Transaction date: 24 January 2020 Class of securities: Ordinary shares Number of securities: 10 000 Purchase price per security: R7.00 Total value of transaction: R70 000.00 Nature and extent of directors’ interests: Indirect beneficial Nature of transaction On-market purchase Clearance obtained: Yes 27 January 2020 Sponsor Java Capital Debt Sponsor RMB Date: 27-01-2020 05:35:00 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.