VUKILE PROPERTY FUND LIMITED - Renewal of cautionary announcement

Renewal of cautionary announcement

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")


RENEWAL OF CAUTIONARY ANNOUNCEMENT


Shareholders are referred to previous announcements, the last of which was published on 5 December 2024, regarding the
proposed acquisition by Vukile's 99.5% held subsidiary, Castellana Properties SOCIMI, S.A. ("Castellana"), of Bonaire
Shopping Centre from Unibail-Rodamco-Westfield ("URW") (the "Transaction"), which was delayed due to the torrential
flash flooding that occurred across Spain in October 2024.

URW continues to make good progress towards reinstating and reopening the centre. Discussions between Vukile and URW
in respect of the Transaction are ongoing and the exclusivity agreement between URW and Castellana relating to the
Transaction remains in force.

Shareholders are advised to continue to exercise caution when dealing in the Company's securities until further
announcements are made.

22 January 2025


JSE sponsor                                                 NSX sponsor
Java Capital                                                IJG Securities (Pty) Ltd

Date: 22-01-2025 09:00:00
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