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VKE
 VKE                                                                             
Vukile Property Fund Limited - Director"s Dealings                              
Vukile Property Fund Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/027194/06)                                            
Share code: VKE         ISIN: ZAE000056370                                      
DIRECTOR"S DEALINGS                                                             
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the   
JSE Limited, the following information is disclosed:                            
Name of director                   :  Mr Gerhard van Zyl                        
Dates of transaction               :  11 January 2006                           
Price per linked unit              :  750 cents                                 
Number of linked units             :  415 000                                   
Total value                        :  R3 112 500                                
Class of securities                :  Linked units                              
Nature of transaction              :  Sale                                      
Extent of interest                 :  Direct and beneficial                     
11 January 2006                                                                 
Johannesburg                                                                    
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 11/01/2006 03:54:53 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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