REDEFINE INTERNATIONAL PLC - Redefine International sells St Anne's House for GBP8.4 million

Redefine International sells St Anne's House for GBP8.4 million

REDEFINE INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00B8V8G91
(“Redefine International” or “the Company”)

REDEFINE INTERNATIONAL SELLS ST ANNE’S HOUSE FOR GBP8.4 MILLION

Redefine International, a UK Real Estate Investment Trust (“UK-REIT”), today announces it has exchanged contracts to
sell St Anne’s House, Croydon (“St Anne’s House” or the “Property”) to a Guernsey registered fund for a price of
GBP8.4 million, GBP3.4 million above the Property’s 31 August 2013 book value.

St Anne’s House is a vacant 75,000 sq ft 1960’s office building previously occupied by the UK Home Office which
formed part of the legacy Government Portfolio acquired by Redefine International through its merger with Wichford in
2011. The sale follows the successful receipt of planning permission in September 2013 for a redevelopment of the office
building into a 144 bed hotel, together with 46 residential units situated on the upper floors of the Property. The Property
is located opposite the much anticipated redevelopment of the Whitgift shopping centre in Croydon Town Centre and will
form part of the regeneration of this area.

Commenting on the redevelopment, Mike Watters, Chief Executive of Redefine International, said:

“Following the successful implementation of our business plan, we are pleased to have made this disposal which will
enable us to recycle the proceeds into other areas of our portfolio. As the investment and development market improves,
we are assessing a number of other assets across the portfolio, which offer the potential to benefit from initiatives such as
securing change of use, enabling us to realise additional value for shareholders.”

For further information:

Redefine International P.L.C.
Michael Watters, Stephen Oakenfull                               Tel: +44 (0) 20 7811 0100

FTI Consulting
UK Public Relations Adviser
Stephanie Highett, Dido Laurimore                                Tel: +44 (0) 20 7831 3113

Marketing Concepts
SA Public Relations Adviser
Jaclyn Lovell                                                    Tel: + 27 (0) 11 783 0700

JSE Sponsor
Java Capital                                                     Tel: + 27 (0) 11 283 0042

Redefine International is a UK REIT with a primary listing on the London Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange.


23 February 2013

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