Global Credit Rating upgrades Vukile Issuer rating 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 Debt company code: VKEI (Granted REIT status with the JSE) ("Vukile") GLOBAL CREDIT RATING UPGRADES VUKILE ISSUER RATING Vukile noteholders and shareholders are advised that Global Credit Rating Co. ("GCR") released a credit rating announcement in which Vukile's national scale Issuer rating was upgraded to AA-(za) and A1+(za), for the long and short-term respectively, with a Stable Outlook. GCR's credit rating announcement is publicly available on its website at https://gcrratings.com/announcements/gcr-upgrades-vukiles-issuer-rating-to-aa-za-on-substantive-growth- into-spain-outlook-stable/ 31 July 2019 JSE Debt sponsor Java Capital Date: 31/07/2019 11:44:00 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.
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