Redefine Income Fund Limited - Resignation of Directors

Redefine Income Fund Limited - Resignation of Directors                         
Redefine Income Fund Limited                                                    
(Registration No. 1999/018591/06)                                               
Share Code: RDF                                                                 
ISIN Code: ZAE000023503                                                         
("Redefine")                                                                    
Resignation of Directors                                                        
In compliance with section 3.59 of the Listing Requirements of the JSE          
Securities Exchange South Africa, notification is hereby given that Mr D Solomon
and Mr J Solomon have tendered their resignation from the board of Redefine and 
its subsidiary to take effect immediately after the conclusion of the annual    
general meeting scheduled for 21 November 2003.                                 
Rosebank                                                                        
30 October 2003                                                                 
Date: 30/10/2003 05:52:01 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department