Dealings in securities by directors and by the company secretary of the company 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” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS AND BY THE COMPANY SECRETARY OF THE COMPANY Shareholders are hereby advised that Sanlam Capital Markets Limited, as hedge facilitator, has acquired Vukile shares under the Vukile Conditional Share Plan, with the proceeds of the distribution paid by Vukile on Monday, 21 December 2015, which shares vest in the scheme participants on the Vesting Date subject to, inter alia, the achievement of certain performance criteria: Name of director: Mike Potts Transaction date: 21 December 2015 Class of securities: Ordinary shares Number of securities: 6 502 Highest traded price per security: R16.40 Weighted average price per security: R16.09610 Lowest traded price per security: R15.33 Total value of transaction: R104 656.84 Vesting date: June 2016 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of director: Laurence Rapp Transaction date: 21 December 2015 Class of securities: Ordinary shares Number of securities: 15 357 Highest traded price per security: R16.40 Weighted average price per security: R16.09610 Lowest traded price per security: R15.33 Total value of transaction: R247 187.81 Vesting date: Between June 2016 and August 2016 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of director: Ina Lopion Transaction date: 21 December 2015 Class of securities: Ordinary shares Number of securities: 4 527 Highest traded price per security: R16.40 Weighted average price per security: R16.09610 Lowest traded price per security: R15.33 Total value of transaction: R72 867.05 Vesting date: June 2016 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of company secretary: Johann Neethling Transaction date: 21 December 2015 Class of securities: Ordinary shares Number of securities: 811 Highest traded price per security: R16.40 Weighted average price per security: R16.09610 Lowest traded price per security: R15.33 Total value of transaction: R13 053.94 Vesting date: June 2016 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes 22 December 2015 JSE sponsor NSX sponsor Java Capital IJG Securities (Pty) Ltd Date: 22/12/2015 04:49:00 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.