Dealings in securities by an associate of a director 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 AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Vukile: 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. Transaction date: 18 June 2018 Class of securities: Ordinary shares Number of securities: 55 800 Highest traded price per security:* R21.58 Weighted average price per security: R21.2936 Lowest traded price per security:* R21.04 Total value of transaction: R1 188 182.88 Nature of transaction: On-market purchase Nature and extent of director's interest: Indirect beneficial Clearance to deal received: Yes * Highest and lowest traded prices per security on the market on the day. 20 June 2018 JSE sponsor NSX sponsor Java Capital IJG Securities (Pty) Ltd Date: 20/06/2018 03:10:00 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.