VKE - Vukile Property Fund Limited - Results of General Meeting

VKE - Vukile Property Fund Limited - Results of General Meeting                 
Vukile Property Fund Limited                                                    
Incorporated in the Republic of South Africa)                                   
(Registration number 2002/027194/06)                                            
JSE share code: VKE ISIN: ZAE000056370                                          
NSX share code: VKN                                                             
("Vukile" or "the Company")                                                     
RESULTS OF GENERAL MEETING                                                      
Holders of Vukile Linked Units ("Vukile Linked Unitholders") are referred to the
detailed cautionary announcement released on SENS on 14 November 2011 and the   
detailed terms announcement released on SENS on 30 November 2011, advising      
Vukile Linked Unitholders that Vukile had made an offer to Sanlam Life Insurance
Limited ("Sanlam"), dated 3 November 2011, in terms of which Vukile would       
acquire the property letting enterprises in respect of a portfolio of properties
which offer had been accepted by Sanlam ("the Transaction").                    
Furthermore, reference is made to the announcement released on SENS on 31       
January 2012, advising Vukile Linked Unitholders that a circular to Vukile      
Linked Unitholders containing details of the Transaction and the notice of a    
general meeting was posted on the same day.                                     
Linked unitholders are advised that at the general meeting held on Wednesday, 29
February 2012, all the resolutions proposed to give effect to the Transaction   
were approved by the requisite majority of votes.                               
Johannesburg                                                                    
29 February 2012                                                                
Merchant bank and transaction sponsor                                           
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 29/02/2012 14:17:02 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.