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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 JW de Beer (Director of a major subsidiary)      
Dates of transactions:      12 October 2005 - 1 February 2006                   
Average price per                                                               
linked unit:                761 cents                                           
Number of linked units:     1 257 966                                           
Total value:                R9 578 938.26                                       
Class of securities:        Linked units                                        
Nature of transaction:      Sale                                                
Extent of interest:         Indirect and beneficial                             
3 February 2006                                                                 
Johannesburg                                                                    
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 03/02/2006 04:16:41 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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