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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 HSC Bester                                       
Date of transaction:        12 September 2006                                   
Price per linked unit:      800 cents                                           
Number of linked units:     25 000                                              
Total value:                R200 000.00                                         
Class of securities:        Linked units                                        
Nature of transaction:      Purchase                                            
Extent of interest:         Direct beneficial                                   
Clearance was given                                                             
12 September 2006                                                               
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 12/09/2006 03:52:28 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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