VUNANI PROPERTY INVESTMENT FUND LTD - Notice of dealings in securities by a director

Notice of dealings in securities by a director

VUNANI PROPERTY INVESTMENT FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/019302/06)
JSE code: VPF
ISIN: ZAE000157459
(“the Company”)



NOTICE OF DEALINGS IN SECURITIES BY A DIRECTOR



In compliance with sections 3.63 to 3.74 of the Listings
Requirements of the JSE Limited, linked unitholders are advised of
the following transactions in the company’s linked unitsbya
director:

Name of director:                   R.R. Emslie
Position:                           Independent non-executive
                                    director
Class of securities:                Linked units (“lu”)
Date of trade:                      5 November 2012
Number of linked units and price:   8 021lu at 810 cpu and 16 979
                                    lu at 820 cpu
Total value of transaction:         R204 198
Nature of transaction:              Purchase
Where traded:                       On-market
Nature of interest:                 Direct beneficial
Clearance obtained:                 Yes

Name of director:                   R.R. Emslie
Position:                           Independent non-executive
                                    director
Class of securities:                Linked units (“lu”)
Date of trade:                      6 November 2012
Number of linked units and price:   10 000lu at 820 cpu
Total value of transaction:         R82 000
Nature of transaction:              Purchase
Where traded:                       On-market
Nature of interest:                 Direct beneficial
Clearance obtained:                 Yes


Sandton
6 November 2012

Sponsor
Grindrod Bank Limited

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