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

VKE - Vukile Property Fund Limited - Dealing in securities by a director        
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                                             
In compliance with paragraph 3.63 of the JSE Limited Listings Requirements      
("Listings Requirements"),linked unitholders are hereby advised that Sanlam     
Capital Markets (Pty) Limited has acquired Vukile linked units in respect of    
the Vukile Long-term Retention Scheme, which receipt by participants is         
conditional ,inter alia, on the achievement of certain pre-determined           
performance criteria, as detailed below:                                        
Name of director:                            L Rapp                             
Company of which he is a director:           Vukile                             
Nature of transaction:                       Purchase                           
Class of security:                           Linked units                       
Date on which transaction was effected:      23 August 2011                     
Number of linked units:                      100 000                            
Price per linked unit:                       R13.99                             
Total value of transaction:                  R 1 399 950                        
Vesting period:                              33.33% after the 3rd, 4th and      
                                            5th anniversary of the grant        
Nature of director`s interest:               Indirect non-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 trade was completed outside of a closed period.            
Roodepoort                                                                      
25 August 2011                                                                  
JSE sponsor:  One Capital                                                       
NSX sponsor:  IJG Securities (Pty) Ltd                                          
Date: 25/08/2011 10:12:31 Supplied by www.sharenet.co.za                     
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