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GRANT AND ACCEPTANCE OF OPTIONS TO DIRECTORS AND OFFICERS

In compliance with Rules 3.63 – 3.74 of the JSE Limited Listing Requirements the following information regarding the granting and acceptance of options in terms of the HCI Employee Share Scheme is disclosed:

Director : Mr J A Copelyn
Designation : Chief Executive Officer
Nature of transaction : Grant and acceptance of option, Off
market
Nature of Interest : Direct, Beneficial
Class of Shares : Ordinary shares
Date of grant of option : 27 August 2015
Date of acceptance : 23 September 2015
Number of options : 102 442
Option strike price : R123.49 (10% discount to the 20 day
VWAP)
Value of transaction : R 12 650 563
Vesting date of options : 27 August 2018
Expiry date of options : 27 November 2018

Director : Mr T G Govender
Designation : Financial Director
Nature of transaction : Grant and acceptance of option, Off
market
Nature of Interest : Direct, Beneficial
Class of Shares : Ordinary shares
Date of grant of option : 27 August 2015
Date of acceptance : 23 September 2015
Number of options : 11 384
Option strike price : R123.49 (10% discount to the 20 day
VWAP)
Value of transaction : R 1 405 810
Vesting date of options : 27 August 2018
Expiry date of options : 27 November 2018

Director : Mr Y Shaik
Designation : Executive Director
Nature of transaction : Grant and acceptance of option, Off
market
Nature of Interest : Direct, Beneficial
Class of Shares : Ordinary shares
Date of grant of option : 27 August 2015
Date of acceptance : 23 September 2015
Number of options : 7 354
Option strike price : R123.49 (10% discount to the 20 day
VWAP)
Value of transaction : R 908 145
Vesting date of options : 27 August 2018
Expiry date of options : 27 November 2018

Clearance : Clearance in terms of par. 3.66 of
the JSE Listings Requirements was obtained.