TR-1 Notification of major interest in shares REDEFINE PROPERTIES INTERNATIONAL LIMITED (Incorporated in the Republic of South Africa) (Registration number 2010/009284/06) JSE share code: RIN ISIN Code: ZAE000149282 (“RIN”) Set out below is an announcement which was released by Redefine International P.L.C., the London Stock Exchange listed subsidiary of RIN, on the Regulatory News Service ("RNS") of the London Stock Exchange today, 9 October 2012. TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of Redefine International P.L.C. existing shares to which voting rights are attached: 2 Reason for the notification (please tick the appropriate box or boxes): X An acquisition or disposal of voting rights An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Change to the number of voting rights following a Firm Placing and Open Offer X 3. Full name of person(s) subject to the notification obligation: Redefine Properties International Limited 4. Full name of shareholder(s) (if different from 3.): N/A 5. Date of the transaction and date on which the threshold is crossed or reached: 9 October 2012 6. Date on which issuer notified: 9 October 2012 7. Threshold(s) that is/are crossed or reached: 66,67,68,69,70,71% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous Resulting situation after the triggering transaction shares to the triggering transaction ISIN CODE Number Number Number Number of voting % of voting rights IM00B4JZYL28 of of of shares rights Shares Voting Direct Direct Indirect Direct Indirect Rights Ordinary shares of 415,507,157 415,507,157 703,165,958 703,165,958 65.73 7.2p each B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion rights that may be rights Period acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of % of voting rights financial price date Conversion voting instrument period rights instrument refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 703,165,958 65.73% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: Notification using the Total Voting Rights of 1,069,839,408 following admission of an additional 490,384,616 New Ordinary Shares, as disclosed on 8 October 2012 14. Contact name: Neville Toerien 15. Contact telephone number: +27 011 327 7146 Sponsor to Redefine Properties International Limited Java Capital Date: 09/10/2012 04:45:00 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.