RIN - Redefine Properties International Limited - Director Shareholding

RIN - Redefine Properties International Limited - Director Shareholding         
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")                                                                         
DIRECTOR SHAREHOLDING                                                           
Set out below is an announcement which was released by Redefine International   
plc, the AIM-listed subsidiary of RIN, on the Regulatory News Service ("RNS")   
of the London Stock Exchange on 20 June 2011. The announcement was published    
in terms of the Rules of the AIM market.                                        
"Redefine International plc                                                     
("Redefine International" or "the Company")                                     
DIRECTOR - PERSON DISCHARGING MANAGERIAL ROLE (PDMR) - SHAREHOLDING             
Redefine International, the AIM listed property investment and development      
company, has received the following notification from two Directors.            
"Following a capital re-organisation of an intermediate holding company which   
completed on 16th June 2011, Mr M. Watters and Mr. A Rowell today reported an   
increase in their respective interests in the ordinary share capital of the     
Company as set out below:                                                       
                                                                                
Director                 Previously           Current        Percentage         
disclosed      Shareholding      Shareholding          

                      shareholding                                              
M. Watters*               1,267,535         1,886,213              0.42         
Rowell                       38,698           226,716              0.05         


*The interest attributable to M. Watters is held by a discretionary trust of    
which members of M. Watters` family are discretionary beneficiaries.  The       
trusts interest is held via intermediate companies."                            
For further information, please contact:                                        
                                                                                
Redefine International plc                       +27 (0)21 683 3829             
Gavin Tipper - Chairman                                                         


Nominated Adviser and Broker to Redefine         +44 (0)203 205 7500            
International plc                                                               
Singer Capital Markets                                                          
Jeff Keating                                                                    
                                                                                
Redefine International Fund Managers Limited     +1 (284) 494 9820              
Miles Walton                                                                    
Redefine International Management Limited        +44 (0) 207 811 0100           
Mike Watters                                                                    
                                                                                
20 June 2011                                                                    
Sponsor to Redefine Properties International Limited                            
Java Capital                                                                    
Date: 20/06/2011 12:00:01 Supplied by www.sharenet.co.za                     
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