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Tue 13 Dec 2011, 12:00 VKE - Vukile Property Fund Limited - Dealing in securities by a director and the
VKE
VKE                                                                             
VKE - Vukile Property Fund Limited - Dealing in securities by a director and the
company secretary                                                               
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 AND THE COMPANY SECRETARY                   
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"), linked unitholders are hereby advised that Sanlam    
Capital Markets (Pty) Limited has acquired Vukile linked units in respect of the
Vukile Long-term Retention Scheme, which receipt by participants is conditional 
,inter alia, on the achievement of certain pre-determined performance criteria, 
as detailed below:                                                              
Name of director:                            HC Lopion                          
Company of which she is a director :         Vukile                             
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Date on which transaction was effected:      9 December 2011 Number of linked   
units:                                       56 521                             
Price per linked unit:                       R14.67                             
Total value of transaction:                  R829 163.07                        
Vesting:                                     1 July 2015                        
Nature of director`s interest:               Indirect non-beneficial            
Confirmation of on-market or off-market :    On-market                          
Name of company secretary:                   J Neethling                        
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Date on which transaction was effected:      9 December 2011                    
Number of linked units:                      9 407                              
Price per linked unit:                       R14.67                             
Total value of transaction:                  R138 000.69                        
Vesting:                                     1 July 2015                        
Nature of J Neethling`s interest:            Indirect non-beneficial            
Confirmation of on-market or off-market :    On-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 trades were completed outside of a closed period.                         
Roodepoort                                                                      
13 December 2011                                                                
JSE sponsor:  One Capital                                                       
NSX sponsor:  IJG Securities (Pty) Ltd                                          
Date: 13/12/2011 12:00:08 Produced by the JSE SENS Department.                  
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