In compliance with Rules 3.63 – 3.74 of the JSE Limited Listing Requirements the following information regarding the off-market exercise of options in terms of the HCI Employee Share Trust (2001) is disclosed:

[one_half]

Director

Designation

Nature of transaction

Class of securities

Date of grant of options

Date of vesting of options

Date of exercise of options

Number of options exercised

Option strike price

Total value of options

Nature of holdings

[/one_half]

[one_half_last]

Mr M J A Golding

Executive Chairman

Exercise of options

Ordinary shares

12 June 2009

11 June 2011

28 March 2012

230 476

R37.80

R8 711 992.80

Direct beneficial

[/one_half_last]