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CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING

Shareholders are advised that the Company’s annual report for the year ended 31 March 2009 was posted to shareholders on 28 September 2009 and contains modifications to the Reviewed Results which were published on 15 May 2009.
– Assets valued at R277 million that had been classified as property, plant and equipment have now been classified as Intangible assets in the audited balance sheet, so as to more correctly reflect the nature of these assets, and;

– Prepaid expenses valued at R26 million that had been classified as long term receivables have now been offset against long term borrowings in the audited balance sheet, and;

– Assets valued at R2 million that had been classified as finance lease receivables have now been classified as long term receivables in the audited balance sheet, and;

– Assets valued at R2 million that had been classified as intangible assets have now been classified as long term receivables, and;

Assets valued at R4 million that had been classified as current assets have now been offset against the current liabilities in the audited balance sheet.

The reclassifications have no impact on the earnings per share, headline earnings per share or net asset value per share.

PKF (Jhb) Inc audited the annual financial statements of HCI and their report is available for inspection at the registered offices of the company.

Notice of the Annual General Meeting

The Notice of Annual General Meeting was posted to shareholders on 28 September 2009 and notice is hereby given that the annual general meeting of the company will be held at 11:30 on Monday, 26 October 2009, at the offices of HCI, Block B, Longkloof Studios, Darters Road, Gardens, Cape Town to transact business as stated in the notice of the annual general meeting.