REDEFINE INTERNATIONAL PLC - Cromwell releases half year results

Cromwell releases half year results

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”)


CROMWELL RELEASES HALF YEAR RESULTS


Redefine International is pleased to announce that the Cromwell Property Group ("Cromwell"), in which the Company
currently has a 13.19% interest, has released its results for the half year ended 31 December 2013. Cromwell is an
Australian Property Trust listed on the Australian Stock Exchange. The Company's interest is held through its wholly-
owned subsidiary Redefine Australian Investments Limited.

Cromwell's financial report and presentation can be found on its website:
http://www.cromwell.com.au/aboutcromwell/newsroom/.

The highlights for the six months to 31 December 2013 are set out below:-

-   Statutory profit up 194% to $86.7 million
-   Half-year profit from operations up 59% over 1H13 to a record $73.2 million
-   Sale of 6 non-core assets for $253 million and purchase of Northpoint Tower
-   Increase in external AUM to $1.2 billion, with funds management earnings up 285%
-   Gearing reduced to 43%, with debt refinance well advanced
-   Full year guidance of at least 8.4 cps earnings and 7.5 cps distributions maintained


For further information:

Redefine International
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.


20 February 2014

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