Redefine Income Fund Limited - Directors Dealings Announcement

Redefine Income Fund Limited - Directors Dealings Announcement                  
Redefine Income Fund Limited                                                    
(Registration No. 1999/018591/06)                                               
Share Code: RDF  ISIN Code: ZAE000023503                                        
("Redefine" or the "company")                                                   
DIRECTORS DEALINGS ANNOUNCEMENT                                                 
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
we hereby advise the following dealings by a director in the company"s          
securities:                                                                     
Name of director:           Eric Ellerine                                       
Date of transaction:        23 August 2005                                      
Price per share:            450 cents                                           
Number of shares:           119 735                                             
Total value:                R538 807.50                                         
Class of securities:        Linked units                                        
Nature:                     Sale                                                
Interest:                   Indirect non-beneficial                             
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
Requirements.                                                                   
Johannesburg                                                                    
24 August 2005                                                                  
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 24/08/2005 01:03:54 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department