VUKILE PROPERTY FUND LIMITED - Issue of New Shares Pursuant to the Accelerated Book Build

Issue of New Shares Pursuant to the Accelerated Book Build

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
("Vukile")


ISSUE OF NEW SHARES PURSUANT TO THE ACCELERATED BOOK BUILD


Linked unitholders are advised that following the accelerated book build undertaken
by Vukile on Tuesday, 7 May 2013, 20 512 821 new Vukile linked units were issued on
Thursday, 16 May 2013 at an issue price of R19.50 per linked unit for a total amount 
of R400 000 009.50.

A portion of the issue price of R19.50 received per new linked unit comprises the accrued
distribution payable in respect of the linked unit for the six month period ended 31 March 2013 
and the pro rata distribution, up to the date of issue, for the six month period ending
30 September 2013.


21 May 2013


Corporate adviser and JSE sponsor: Java Capital

NSX sponsor: IJG Securities (Pty) Ltd

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