Dealings in securities by directors of Vukile 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: ZAE000180865 (Granted REIT status with the JSE) (“Vukile”) DEALINGS IN SECURITIES BY DIRECTORS OF VUKILE Shareholders are hereby advised of the following information relating to dealings in securities by directors of Vukile, pursuant to the vesting of shares under Vukile’s Conditional Share Plan (the “CSP”) and in order to settle the tax liability due in respect of the shares vested under the CSP: Name of director: LG Rapp Date of transaction: 25 November 2015 Class of securities: Ordinary shares Number of securities: 141 823 Price per security: R18.15 Total value of transaction: R2 574 087.45 Nature of transaction: Off-market vesting of shares under the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Vesting of shares occurs automatically in terms of the CSP and no clearance is sought or received Name of director: LG Rapp Date of transaction: 25 November 2015 Class of securities: Ordinary shares Number of securities: 57 930 Highest traded price per security: R18.40 Weighted average price per security: R18.2182 Lowest traded price per security: R18.00 Total value of transaction: R1 055 380.33 Nature of transaction: On-market sale in order to settle tax liability due in respect of shares vested under the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: HC Lopion Date of transaction: 25 November 2015 Class of securities: Ordinary shares Number of securities: 25 093 Price per security: R18.15 Total value of transaction: R455 437.95 Nature of transaction: Off-market vesting of shares under the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Vesting of shares occurs automatically in terms of the CSP and no clearance is sought or received Name of director: HC Lopion Date of transaction: 25 November 2015 Class of securities: Ordinary shares Number of securities: 10 250 Highest traded price per security: R18.40 Weighted average price per security: R18.2182 Lowest traded price per security: R18.00 Total value of transaction: R186 736.55 Nature of transaction: On-market sale in order to settle tax liability due in respect of shares vested under the CSP Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 26 November 2015 JSE sponsor NSX sponsor Java Capital IJG Securities (Pty) Ltd Date: 26/11/2015 03:50:00 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.