REDEFINE PROPERTIES LIMITED - Proposal to acquire additional Fountainhead units

Proposal to acquire additional Fountainhead units

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
JSE share code: RDF ISIN: ZAE000143178
(Approved as a REIT by the JSE)
(“Redefine”)


PROPOSAL TO ACQUIRE ADDITIONAL FOUNTAINHEAD UNITS


Redefine and Fountainhead unitholders are referred to the respective Redefine and Fountainhead announcements
published on SENS on 2 October 2013 wherein it was advised, inter alia, that Redefine proposes acquiring up to an
additional 250 million Fountainhead units in return for 110 Hyprop units for every 1 000 Fountainhead units acquired
by Redefine.

Redefine has now ascertained that Hyprop registered a prospectus at the time of Hyprop’s listing and as such the
requirement that the minimum number of Fountainhead units acquired by Redefine from any single vendor of
Fountainhead units (acting as principal) of 135 000 Fountainhead units is no longer required.

As a result of such clarification and in order to afford Fountainhead unitholders the opportunity to participate in
Redefine’s proposal Redefine proposes amending its initial proposal set out in the 2 October 2013 SENS
announcement on the following basis:

- the minimum number of Fountainhead units to be acquired by Redefine from any single vendor of Fountainhead
  units acting as principal will be 1 000 Fountainhead units and thereafter in multiples of 1 000 Fountainhead units
  (in return for 110 Hyprop units for every 1 000 Fountainhead units acquired by Redefine); and

- Redefine’s proposal to acquire additional Fountainhead units will remain open until the earlier of (i) close of
  business on Thursday, 24 October 2013 and (ii) Redefine notifying the market over SENS of the withdrawal of its
  proposal.

Redefine reserves the right, at its election, to withdraw, amend or modify the proposal at any time.

The beneficial owner of any Fountainhead units who wishes to transact with Redefine on the aforesaid basis should
contact Redefine’s appointed broker for the purpose of the transaction, being RMB Stockbroking Operations
(Proprietary) Limited (Ref: Gavin van Wyk, telephone: +27 11 282-8907, email: gavin.vanwyk@rmb.co.za).

Any queries in regard to the proposal may be addressed to Kevin Joselowitz or Warren Lawlor on +27 11 283-0042/
283-0079 or by email on fountainhead@javacapital.co.za.

17 October 2013


Corporate advisor, legal advisor and sponsor                        Attorneys

Java Capital                                                        Cliffe Dekker Hofmeyr




This announcement does not constitute or form part of an offer to purchase securities. This announcement does not and is not intended to
constitute an offer to the public in South Africa in terms of the South African Companies Act 71 of 2008 (the “Companies Act”). Neither this
announcement nor any copy of it may be taken, transmitted or distributed, directly or indirectly in or into the United States, Canada, Australia or
Japan or any other country or territory where it is unlawful to do so.





Date: 17/10/2013 03:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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