Vukile Property Fund Limited (JSE:VKE) News - Update to guidance 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") UPDATE TO GUIDANCE Shareholders are referred to Vukile's unaudited condensed consolidated interim results for the six months ended 30 September 2021, as published on SENS on 30 November 2021, where Vukile guided the market to a full-year FFO of at least 125cps and DPS of at least 80cps. Given strong trading performance for the year to date, the Company is pleased to update its guidance for the year ending 31 March 2022 as follows: - FFO of 130cps to 135cps; and - DPS of 100cps to 105cps. The dividend pay-out ratio will approximate 75% to 80% of total group FFO for the year ending 31 March 2022. Shareholders are advised that a copy of the pre-close investor presentation is available on the Company's website as follows: https://www.vukile.co.za/cmsAdmin/uploads/pre-close_presentation_2022FY 30 March 2022 JSE sponsor NSX sponsor Java Capital IJG Securities (Pty) Ltd Date: 30-03-2022 09:45:00 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.