Notification of the Voting Results in Respect of the Request for Written Consent of Noteholders Hospitality Property Fund Limited (Incorporated in the Republic of South Africa) (Registration No. 2005/014211/06) Company code: HPAI (Approved as a REIT by the JSE) Bond code: HPF06 ISIN: ZAG000123738 Bond code: HPF11 ISIN: ZAG000149287 (“Hospitality” or “the Issuer”) NOTIFICATION OF THE VOTING RESULTS IN RESPECT OF THE REQUEST FOR WRITTEN CONSENT OF NOTEHOLDERS Unless otherwise defined herein, capitalised terms shall have the same meaning as set forth in the Consent Request (as defined below). Secured Noteholders are referred to the notice of request for written consent released on SENS on 20 March 2019 (the “Consent Request”), in which the Extraordinary Resolutions set out below were proposed: - Extraordinary Resolution No. 1: THAT the Noteholder Trustee (as Finance Provider) be authorised to provide the necessary consent to allow: 1. the Debt Guarantor, as holder of the Existing Mortgage Bonds over the Immovable Property forming part of the underlying security applicable to the Senior Secured Notes, to agree to to the cancellation of the Existing Servitudes and the subsequent registration of the New Servitudes; and 2. the Debt Guarantor to enter into any documentation or take any necessary steps to give effect to the consent specified in paragraph 1 above; - Extraordinary Resolution No. 2: THAT the Noteholder Trustee (as Finance Provider) be authorised to enter into any documentation or to take any necessary steps to give effect to the consents specified in Extraordinary Resolution 1. In this regard, the Issuer confirms the voting results from the Consent Request in relation to the total nominal amount of those classes of debt securities that were affected by the amendments are as follows: Bond Code Extraordinary Debt securities voted as a Rand Debt securities voted Votes abstained as a Votes carried for the Votes against the Resolution value disclosed as a percentage resolution as a resolution as a percentage percentage percentage HPF06 1 R 60 000 000.00 100.00% 0.00% 100.00% 0.00% HPF06 2 R 60 000 000.00 100.00% 0.00% 100.00% 0.00% HPF09* 1 R 141 000 000.00 94.00% 0.00% 100.00% 0.00% HPF09* 2 R 141 000 000.00 94.00% 0.00% 100.00% 0.00% HPF11 1 R 600 000 000.00 100.00% 0.00% 100.00% 0.00% HPF11 2 R 600 000 000.00 100.00% 0.00% 100.00% 0.00% * The HPF09 notes matured on 15 April 2019 23 April 2019 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 23/04/2019 02:45:00 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.
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