VKE - Vukile - Dealing in securities by a director and company secretary

VKE - Vukile - Dealing in securities by a director and company secretary        
Vukile Property Fund Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/027194/06)                                            
ISIN: ZAE000056370                                                              
JSE Share code: VKE                                                             
NSX Share code: VKN                                                             
("Vukile")                                                                      
DEALING IN SECURITIES BY A DIRECTOR AND COMPANY SECRETARY                       
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"), unitholders are hereby advised that Sanlam Capital   
Markets (Proprietary) Limited  has released Vukile linked units in respect of a 
long-term retention scheme, which vested on 1 June 2011, as follows:            
Name of director:                            H C Lopion                         
Name of company:                             Vukile                             
Date on which transaction was effected:      1 June 2011                        
Nature of transaction:                       Vested                             
Class of security:                           Linked units                       
Number of linked units:                      16 586                             
Price per linked unit:                       R14.70                             
Total value of transaction:                  R243 814.20                        
Nature of directors interest:                Direct beneficial                  
Confirmation of on-market or off-market:     on-market                          
Name of Company Secretary:                   J Neethling                        
Name of company:                             Vukile                             
Date on which transaction was effected:      1 June 2011                        
Nature of transaction:                       Vested                             
Class of security:                           Linked units                       
Number of linked units:                      9 708                              
Price per linked unit:                       R14.70                             
Total value of transaction:                  R142 707.60                        
Nature of directors interest:                Direct beneficial                  
Confirmation of on-market or off-market:     on-market                          
In compliance with paragraph 3.66 of the Listings Requirements, prior clearance 
to deal in the above securities was obtained from the Chairman of the Board. The
above trades were completed outside of a closed period.                         
Roodepoort                                                                      
02 June 2011                                                                    
JSE sponsor:  One Capital                                                       
NSX sponsor:  IJG Securities (Pty) Ltd                                          
Date: 02/06/2011 13:18:02 Supplied by www.sharenet.co.za                     
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