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Fri 25 Jun 2004, 14:55 DEALING IN SECURITIES BY A DIRECTOR
VUKILE PROPERTY FUND LIMITED - DEALING IN SECURITIES BY A DIRECTOR              
Vukile Property Fund Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration No. 2002/027194/06)                                               
(`the company`)                                                                 
JSE Share Code: VKE                                                             
ISIN Code: ZAE000056370                                                         
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director:                A D Botha                                              
Number of units:         400 000                                                
Price:                   500 cents per unit                                     
Class of shares:         Linked units                                           
Nature of interest:      Indirect beneficial                                    
Transaction date:        24 June 2004                                           
Nature of transaction:   Purchase                                               
Clearance was obtained in terms of paragraph 3.66 from a designated director.   
25 June 2004                                                                    
Date: 25/06/2004 02:40:13 PM                   
Produced by the JSE SENS Department
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