Dealings in securities by directors, an associate of a director 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, AN ASSOCIATE OF A DIRECTOR AND BY THE COMPANY SECRETARY OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by directors and the company secretary 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: HC Lopion Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 151 428 Price per security: R 21.68 Total value of transaction: R 3 282 959.04 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: 6 June 2018 Class of securities: Ordinary shares Number of securities: 68 143 Price per security: R 21.68 Total value of transaction: R 1 477 340.24 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 company secretary: J Neethling Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 97 062 Price per security: R 21.68 Total value of transaction: R 2 104 304.16 Nature of transaction: Off-market vesting of shares under the CSP Nature and extent of company secretary'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 company secretary: J Neethling Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 43 678 Price per security: R 21.68 Total value of transaction: R 946 939.04 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 company secretary's interest: Direct beneficial Clearance to deal received: Yes Name of director: MJ Potts Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 169 800 Price per security: R 21.68 Total value of transaction: R 3 681 264.00 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: MJ Potts Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 76 410 Price per security: R 21.68 Total value of transaction: R 1 656 568.80 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: GS Moseneke Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 112 050 Price per security: R 21.68 Total value of transaction: R 2 429 244.00 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: GS Moseneke Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 50 423 Price per security: R 21.68 Total value of transaction: R 1 093 170.64 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: LG Rapp Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 340 373 Price per security: R 21.68 Total value of transaction: R 7 379 286.64 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: 6 June 2018 Class of securities: Ordinary shares Number of securities: 153 168 Price per security: R 21.68 Total value of transaction: R 3 320 682.24 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 Shareholders are hereby advised that Sanlam Capital Markets Limited, as hedge facilitator, has acquired Vukile shares under the CSP, which shares vest in the scheme participants on the Vesting Date subject to, inter alia, the achievement of certain performance criteria: Name of company secretary: J Neethling Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 77 147 Highest traded price per security: * R 22.00 Weighted average price per security: R 21.8155 Lowest traded price per security: * R 21.52 Total value of transaction: R1 683 000.00 Vesting date: 31 May 2021 Nature of transaction: On-market purchase Nature and extent of company secretary's interest: Indirect beneficial Clearance to deal received: Yes Name of director: GS Moseneke Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 78 239 Highest traded price per security: * R 22.00 Weighted average price per security: R 21.8159 Lowest traded price per security: * R 21.52 Total value of transaction: R1 706 850.00 Vesting date: 31 May 2021 Nature of transaction: On-market purchase Nature and extent of director's interest: Indirect beneficial Clearance to deal received: Yes Name of director: HC Lopion Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 34 379 Highest traded price per security: * R 22.00 Weighted average price per security: R 21.8156 Lowest traded price per security: * R 21.52 Total value of transaction: R 750 000.00 Vesting date: 31 May 2021 Nature of transaction: On-market purchase Nature and extent of director's interest: Indirect beneficial Clearance to deal received: Yes Name of director: MJ Potts Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 41 915 Highest traded price per security: * R 22.00 Weighted average price per security: R 21.8156 Lowest traded price per security: * R 21.52 Total value of transaction: R 914 400.00 Vesting date: 31 May 2021 Nature of transaction: On-market purchase Nature and extent of director's interest: Indirect beneficial Clearance to deal received: Yes Name of director: LG Rapp Date of transaction: 6 June 2018 Class of securities: Ordinary shares Number of securities: 248 628 Highest traded price per security: * R 22.00 Weighted average price per security: R 21.8157 Lowest traded price per security: * R 21.52 Total value of transaction: R 5 424 000.00 Vesting date: 31 May 2021 Nature of transaction: On-market purchase Nature and extent of company secretary's interest: Indirect beneficial Clearance to deal received: Yes Shareholders are further advised of the following information relating to dealings in securities by a director, director's associate and the company secretary of Vukile: Name of company secretary: J Neethling Date of transaction: 7 June 2018 Class of securities: Ordinary shares Number of securities: 53 384 Highest traded price per security: * R 22.45 Weighted average price per security: R 22.0966 Lowest traded price per security: * R 21.88 Total value of transaction: R1 179 604.89 Nature of transaction: On-market sale Nature and extent of company secretary's interest: Direct beneficial Clearance to deal received: Yes Name of director: LG Rapp Date of transaction: 7 June 2018 Class of securities: Ordinary shares Number of securities: 187 205 Highest traded price per security: * R 22.45 Weighted average price per security: R 22.0966 Lowest traded price per security: * R 21.88 Total value of transaction: R 4 136 594 Nature of transaction: On-market sale Nature and extent of director's interest: Direct beneficial Clearance to deal received: Yes Name of associate: Imalivest SCI balanced fund Name of director and relationship to director Anton Botha, who is one of 3 portfolio managers and he and his family own approximately 55% of the units of the fund. Date of transaction: 7 June 2018 Class of securities: Ordinary shares Number of securities: 45 404 Highest traded price per security: * R 22.45 Weighted average price per security: R 22.0497 Lowest traded price per security: * R 21.88 Total value of transaction: R 1 001 144.58 Nature of transaction: On-market purchase Nature and extent of director's interest: Direct beneficial Clearance to deal received: Yes * Highest and lowest traded prices per security on the market on the day. 11 June 2018 JSE sponsor Java Capital NSX sponsor IJG Securities (Pty) Ltd Date: 11/06/2018 05:15:00 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. 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