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Thu 22 Dec 2011, 16:56 VKE - Vukile Property Fund Limited - Dealing in securities by directors and
VKE
VKE                                                                             
VKE - Vukile Property Fund Limited - Dealing in securities by directors 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 DIRECTORS AND THE COMPANY SECRETARY                    
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"), unitholders are hereby advised that Sanlam Capital   
Markets (Pty) Limited has utilised the Vukile distribution paid in December     
2011 to acquire the following linked units in terms of the Vukile Staff         
Retention Scheme which receipt by participants is conditional, inter alia, on   
the achievement of certain pre-determined performance criteria:                 
Name of director:                            L G Rapp                           
Name of company:                             Vukile                             
Date on which transaction was effected:      21 December 2011                   
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Number of linked units:                      17 223                             
Price per linked unit:                       R14.60                             
Total value of transaction:                  R251 455.80                        
Vesting period:                              Between August 2014 and            
                                            August 2016                         
Nature of director`s interest:               Indirect non-beneficial            
Confirmation of on-market or off-market:     On-market                          
Name of director:                            M J Potts                          
Name of company:                             Vukile                             
Date on which transaction was effected:      21 December 2011                   
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Number of linked units:                      15 779                             
Price per linked unit:                       R14.60                             
Total value of transaction:                  R230 373.40                        
Vesting period:                              Between July 2012 and July 2013    
Nature of director`s interest:               Indirect non-beneficial            
Confirmation of on-market or off-market:     On-market                          
Name of director:                            H C Lopion                         
Name of company:                             Vukile                             
Date on which transaction was effected:      21 December 2011                   
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Number of linked units:                      2 375                              
Price per linked unit:                       R14.60                             
Total value of transaction:                  R34 675.00                         
Vesting period:                              Between July 2012 and July 2014    
Nature of director`s interest:               Indirect non-beneficial            
Confirmation of on-market or off-market:     On-market                          
Name of company secretary:                   J Neethling                        
Name of company:                             Vukile                             
Date on which transaction was effected:      21 December 2011                   
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Number of linked units:                      609                                
Price per linked unit:                       R14.60                             
Total value of transaction:                  R8 891.40                          
Vesting period:                              Between July 2012 and July 2014    
Nature of director`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 in respect of the CEO and from the CEO in respect of the other        
participants. The above trade was completed outside of a closed period.         
Roodepoort                                                                      
22 December 2011                                                                
JSE sponsor:  One Capital                                                       
NSX sponsor:  IJG Securities (Pty) Ltd                                          
Date: 22/12/2011 16:56:11 Produced by the JSE SENS Department.                  
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