Hyprop year-end to change to June

Pieter Prinsloo, Chief Executive Officer of Hyprop Investments.

In order to facilitate Hyprop's conversion to a Real Estate Investment Trust (REIT), Hyprop's financial year-end will change from 31 December to 30 June, effective 30 June 2013.

The change in year-end will not affect Hyprop's distribution periods, which will continue to be in respect of the six month periods ending 30 June and 31 December.

As a result of the change in year-end Hyprop will release abridged audited results for the 6 months ending 30 June 2013 on 29 August 2013. An integrated annual report, including audited financial statements for the six months ending 30 June 2013, will be published within six months of the new year-end.

The integrated annual report for the year ended 31 December 2012 will be posted to unitholders on 15 May 2013.