RDF - Redefine - Dealing In Securities Announcement

RDF - Redefine - Dealing In Securities Announcement                             
Redefine Income Fund Limited                                                    
(Registration No. 1999/018591/06)                                               
Share Code: RDF    ISIN Code: ZAE000023503                                      
("Redefine" or the "company")                                                   
DEALING IN SECURITIES ANNOUNCEMENT                                              
In compliance with sections 3.63 - 3.73 of the Listings Requirements of the     
JSE Limited, unitholders are advised that Madison Property Fund Managers        
Limited ("Madison") disposed of 670,001 Redefine linked units on 22 June 2009   
at R6.30 per linked unit (with a total value of R4,221,006.30) and 133,333      
Redefine linked units on 23 June 2009 at R6.30 per linked unit (with a total    
value of R839,997.90). The Redefine linked units were disposed of to fund       
incentivisation commitments to staff seconded to Redefine. Marc Wainer and      
Wolf Cesman who are directors of Redefine are also directors and direct or      
indirect unitholders of Madison.                                                
24 June 2009                                                                    
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 24/06/2009 15:26:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.