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Mon 15 Jun 2009, 12:54 VKE - Vukile Property Fund Limited - Directors` dealings
VKE
VKE                                                                             
VKE - Vukile Property Fund Limited - Directors` dealings                        
Vukile Property Fund Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/027194/06)                                            
JSE Share Code : VKE     ISIN : ZAE000056370                                    
NSX Share Code : VKN                                                            
("Vukile" or "the company")                                                     
DIRECTORS` DEALINGS                                                             
In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
Limited ("Listings Requirements"), unitholders are hereby advised that certain  
directors may derive a beneficial interest in a new long term incentive scheme, 
the details of which were approved by unitholders at the Annual General Meeting 
of the company held on 11 September 2008.                                       
Sanlam Capital Markets (Pty) Ltd ("SCM") has acquired shares in respect of the  
new long term incentive scheme.  The release of any of the units so acquired by 
SCM to a director referred to below on 1 July 2012, is conditional on the       
director being employed by the company on that date and also subject to the     
achievement of certain pre-determined performance targets.                      
In order to comply with the Listings Requirements, the directors` potential     
interest in these dealings are disclosed below:                                 
Name of Director                             :    Gerhard van Zyl               
Category of Director                         :    Executive                     
Potential interest in retention scheme       :    65.386%                       
Name of Director                             :    Michael John Potts            
Category of Director                         :    Executive                     
Potential Interest in retention scheme       :    29.043%                       
TRANSACTIONS EFFECTED BY SCM                                                    
Date of transaction                          :    12 June 2009                  
Nature of transaction                        :    Acquisition                   
Number of linked units                       :    146 085                       
Price of linked units                        :    909.97                        
Total value of securities                    :    R1 329 330                    
Class of securities                          :    Linked Units                  
Interest Potential                           :    Indirect Beneficial           
Clearance in terms of paragraph 3.66 of                                         
the listing requirements of the JSE          :    Yes                           
Roodepoort                                                                      
15 June 2009                                                                    
JSE Sponsor                                                                     
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
NSX Sponsor                                                                     
IJG Securities (Pty) Limited                                                    
Date: 15/06/2009 12:54:21 Produced by the JSE SENS Department.                  
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