VKE - Vukile Property Fund Limited - Dealing in securities by a director and

VKE - Vukile Property Fund Limited - 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" or "the company")                                                     
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 in order to fund 
the tax due on a transaction announced on 2 June 2011, the following sales of   
linked units were made:                                                         
Name of director:                            H C Lopion                         
Name of company:                             Vukile                             
Date on which transaction was effected:      2 June 2011                        
Nature of transaction:                       Sale                               
Class of security:                           Linked units                       
Number of linked units:                      6 685                              
Price per linked unit:                       R14.6522                           
Total value of transaction:                  R97 949.96                         
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:      2 June 2011                        
Nature of transaction:                       sale                               
Class of security:                           Linked units                       
Number of linked units:                      3 916                              
Price per linked unit:                        R14.6522                          
Total value of transaction:                  R57 378.02                         
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 Chief Executive Officer of
the company. The above trades were completed outside of a closed period.        
Roodepoort                                                                      
3 June 2011                                                                     
JSE sponsor:  One Capital                                                       
NSX sponsor:  IJG Securities (Pty) Ltd                                          
Date: 03/06/2011 08:36:01 Supplied by www.sharenet.co.za                     
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