TRP121: Notification of acquisition of beneficial interest in shares

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

Bond company code: VKEI (Granted REIT status with the JSE) ("Vukile" or "the company")

TRP121: NOTIFICATION OF ACQUISITION OF BENEFICIAL INTEREST IN SHARES

In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 (the "Companies Act"), Regulation 121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Vukile has received notification from Old Mutual Limited ("Old Mutual") of the acquisition by Old Mutual of Vukile shares, such that Old Mutual's total beneficial interest in the company is now 5.10% of Vukile's issued shares.

As required in terms of section 122(3)(a) of the Companies Act, the company has filed the required notice with the Takeover Regulation Panel.

Responsibility statement

The board of directors of Vukile accepts responsibility for the information contained in this announcement and certifies that, to the best of its knowledge and belief, the information contained in this announcement is true and this announcement does not omit anything that is likely to affect the import of such information.

26 July 2022