RIN - Redefine Properties International Limited - Further cautionary

RIN - Redefine Properties International Limited - Further cautionary            
announcement in respect of potential merger                                     
Redefine Properties International Limited                                       
(formerly Kalpafon Limited)                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 2010/009284/06)                                            
JSE share code: RIN      ISIN Code:   ZAE000149282                              
("RIN" or "the company")                                                        
FURTHER CAUTIONARY ANNOUNCEMENT IN RESPECT OF POTENTIAL MERGER                  
Linked unitholders are referred to the previous cautionary announcements        
released on SENS by RIN, the last of which was released on 23 March 2011,       
regarding the potential merger ("the potential merger") between Redefine        
International plc ("RI plc"), the AIM-listed subsidiary of RIN and Wichford     
P.L.C ("Wichford").                                                             
Linked unitholders are advised that the parties are still in negotiations       
regarding the potential merger which may have a material effect on the price of 
the company`s securities.                                                       
Pending further announcements, RIN linked unitholders are advised to continue to
exercise caution in dealing in their securities.                                
10 May 2011                                                                     
Sponsor                                                                         
Java Capital                                                                    
Date: 10/05/2011 11:30:04 Supplied by www.sharenet.co.za                     
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