The problem of finding tolerance intervals receives very much attention in researches and is widely applied in industry. Tolerance interval is a random interval that covers a proportion of the considered population with a specified confidence level. In this paper, the statistical tolerance limits are expressed for lifetime of k out of n systems with exponentially distributed component lifetimes. Then, we compute the accuracy of proposed tolerance limits and the number of failures needed to attain a desired accuracy level based on type-II right censored data. Finally, we extend our results to the Weibull distribution.