Dealings in securities by associates of directors and by an associate of the company secretary 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" or "the company") DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS AND BY AN ASSOCIATE OF THE COMPANY SECRETARY OF VUKILE Shareholders are advised of the following information relating to dealings in securities by associates of directors and by an associate of the company secretary of Vukile whereby shares were acquired pursuant to the provisions of the Vukile Share Purchase Plan ("the Plan") in terms of the accelerated bookbuild undertaken by the company on 18 July 2018: Name of associate: Glenway Investments (Pty) Ltd Name of director and relationship to director: Laurence Rapp who is a director of and sole shareholder in Glenway Investments (Pty) Ltd Date of transaction: 18 July 2018 Class of securities: Ordinary shares Number of securities: 1 027 081 Price per security: R18.66 Total value of transaction: R19 165 331.46 Nature of transaction: Acquisition of shares under the Plan Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Niara Malaika Amogelang Investments (Pty) Ltd Name of director and relationship to director: Sedise Moseneke who is a director of and sole shareholder in Niara Malaika Amogelang Investments (Pty) Ltd Date of transaction: 18 July 2018 Class of securities: Ordinary shares Number of securities: 430 593 Price per security: R18.66 Total value of transaction: R8 034 865.38 Nature of transaction: Acquisition of shares under the Plan Nature and extent of director’s interest: Indirect 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: 18 July 2018 Class of securities: Ordinary shares Number of securities: 166 060 Price per security: R18.66 Total value of transaction: R3 098 679.60 Nature of transaction: Acquisition of shares under the Plan Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Vicarious Capital (Pty) Ltd Name of company secretary and relationship to Johann Neethling who is a director of and sole shareholder in company secretary: Vicarious Capital (Pty) Ltd Date of transaction: 18 July 2018 Class of securities: Ordinary shares Number of securities: 425 113 Price per security: R18.66 Total value of transaction: R7 932 608.58 Nature of transaction: Acquisition of shares under the Plan Nature and extent of company secretary’s Indirect beneficial interest: Clearance to deal received: Yes 19 July 2018 JSE sponsor NSX sponsor Java Capital IJG Securities (Pty) Ltd Date: 19/07/2018 05:45:00 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.