VUKILE PROPERTY FUND LIMITED - Results of a resolution of Vukile linked unitholders in terms of Section 60 of the Companies Act, 2008

Results of a resolution of Vukile linked unitholders in terms of Section 60 of the Companies Act, 2008

VUKILE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2002/027194/06)
JSE share code: VKE NSX share code: VKN
ISIN: ZAE000056370
(Granted REIT status with the JSE)
(“Vukile” or “the company”)


RESULTS OF A RESOLUTION OF VUKILE LINKED UNITHOLDERS IN TERMS OF SECTION 60 OF THE COMPANIES ACT, 2008


Linked unitholders are advised that, pursuant to section 60 of the Companies Act, 71 of 2008 (the “Act”), an ordinary
resolution authorising the placement of a maximum of 60 000 000 Vukile ordinary shares (linked to Vukile debentures
as linked units) under the control of Vukile’s board of directors for the specific purpose of enabling Vukile to acquire
additional A-linked units and/or B-linked units in Synergy Income Fund Limited (“Synergy”) (the “ordinary
resolution”) has been approved by shareholders and adopted by the company.

The voting results were as follows:

                                                                   % of shares
                                                                 voted relative
                                                                     to linked
                                                     Number of units in issue               For      Against   Abstaine
Resolution proposed                               shares voted *             **           % ***       %***      d %***
Ordinary resolution - Unissued Vukile linked
units placed under the control of the directors
to enable Vukile to acquire Synergy linked                                             94.21559                    0.05633
units                                                424 640 183      76.67236%              %     5.72808%             %

*     Including abstentions;
**    Based on 553 837 345 linked units in issue as at 26 September 2014;
***   In relation to the total number of shares voted (including abstentions).

Vukile will deliver a statement in accordance with section 60(4) of the Act to linked unitholders in due course.

3 November 2014

JSE sponsor                                               NSX sponsor
Java Capital                                              IJG Securities (Pty) Ltd

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