REDEFINE INCOME FUND LTD - DIRECTOR DEALINGS IN SHARES

REDEFINE INCOME FUND LTD - DIRECTOR DEALINGS IN SHARES                          
Redefine Income Fund Limited                                                    
(Registration No.  1999/018591/06)                                              
(a company incorporated in South Africa)                                        
("Redefine")                                                                    
Share Code:  RDF                                                                
ISIN:  ZAE000023503                                                             
In compliance with rule of 3.72 to 3.75 of the JSE Listing Requirements, the    
following is disclosed                                                          
Name of Directors        :    J Solomon and D Solomon                           
Number of Shares Traded  :    5044010                                           
Class of security        :    Linked Units                                      
Price of linked units    :    250,4cps                                          
Date of transacton       :    25 February 2003                                  
Nature of Transaction    :    Sales                                             
Directors interest       :    Shares sold from a company                        
                              called Solomon Brothers Prop                      
                              Hlds (Pty) Ltd of which they are also directors   
Name of Directors        :    J Solomon and D Solomon                           
Number of Shares Traded  :    2346203                                           
Class of security        :    Linked Units                                      
Date of transaction      :    24 February 2003                                  
Price of linked units    :    253cps                                            
Nature of Transaction    :    Sales                                             
Directors interest       :    Shares sold from a company                        
                              called Solomon Brothers Prop Hlds (Pty) Ltd of    
                              which they are also directors                     
Date: 25/02/2003 03:48:47 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department