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Wed 31 Aug 2011, 9:48 VKE/VKN - Vukile Property Fund Limited - Dealing in securities by a director
VKE
VKE                                                                             
VKE/VKN - Vukile Property Fund Limited - Dealing in securities by a director    
Vukile Property Fund Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/027194/06)                                            
ISIN: ZAE000056370                                                              
JSE Share code: VKE                                                             
NSX Share code: VKN                                                             
("Vukile")                                                                      
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements") linked unitholders are hereby advised of following    
dealing in Vukile securities:                                                   
Name of director:                  L Rapp                                       
Company of which he is a director: Vukile Property Fund Limited                 
Nature of transaction:             Purchase of linked units by an               
associate of L Rapp                           
Name of associate:                 The Laurence Rapp Family Trust               
Relationship with director:        A family trust of which L Rapp is            
                                  a trustee and of which he and his immediate   
family are beneficiaries                      
Class of security:                 Linked units                                 
Date transaction was effected:     30 August 2011                               
Number of linked units:            192 100                                      
Price per linked unit:             R13.50                                       
Total value of transaction:        R 2 593 350                                  
Trading restrictions:              In terms of L Rapp`s service contract,       
                                  a cash bonus has been used to acquire linked  
units and the following trading restrictions  
                                  apply to such linked units acquired:          
                                  -    40% may not be disposed of for 2 years;  
                                  -    30% may not be disposed of for 3 years;  
-    30% may not be disposed of for 4 years;  
Nature of director`s interest:     Indirect beneficial                          
On-market or off-market:           Off-market                                   
In compliance with paragraph 3.66 of the Listings Requirements, prior clearance 
to deal in the above securities was obtained from the Chairman of the Board. The
above trade was completed outside of a closed period.                           
Roodepoort                                                                      
31 August 2011                                                                  
JSE sponsor: One Capital                                                        
NSX sponsor: IJG Securities (Pty) Ltd                                           
Date: 31/08/2011 09:48:03 Produced by the JSE SENS Department.                  
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