Redefine Income Fund Limited - Cautionary Announcement

Redefine Income Fund Limited - Cautionary Announcement                          
Redefine Income Fund Limited                                                    
(Registration No. 1999/018591/06)                                               
Share Code: RDF & ISIN Code: ZAE000023503                                       
("Redefine" or the "company")                                                   
CAUTIONARY ANNOUNCEMENT                                                         
Linked unitholders are advised that Redefine has entered into a number of       
separate negotiations, each of which may, if successfully concluded, have a     
material effect on the market price of the company"s linked units. Accordingly, 
linked unitholders are advised to exercise caution when dealing in Redefine     
linked units until a further announcement is made.                              
11 May 2006                                                                     
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 11/05/2006 04:48:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department