Acquisition of Mdantsane City Shopping Centre 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" or "the company") ACQUISITION OF MDANTSANE CITY SHOPPING CENTRE Shareholders are referred to the announcement released on SENS on 23 July 2019 relating to the proposed acquisition by Vukile of the rental enterprise comprising Mdantsane City Shopping Centre ("Mdantsane City") from Rebosis Property Fund Limited ("Rebosis") for a purchase consideration of R511 372 000.00 (the "Mdantsane acquisition"). Shareholders are hereby advised that on 6 September 2019 Vukile and Rebosis concluded the formal agreement to effect the Mdantsane acquisition. The rationale, terms and other details relating to the Mdantsane acquisition as set out in the 23 July 2019 announcement remains materially unchanged. The Mdantsane acquisition is conditional only on the receipt by Rebosis of its shareholder approvals required for Rebosis to implement the transaction with Vukile (which condition is required to be fulfilled by 31 October 2019). The Mdantsane acquisition is not categorisable from a Vukile perspective and no shareholder approval is required by Vukile for its implementation. 9 September 2019 Corporate advisor and JSE sponsor Java Capital NSX sponsor IJG Securities (Pty) Ltd Attorneys and competition law Cliffe Dekker Hofmeyr Date: 09/09/2019 12:30:00 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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