REDEFINE INTERNATIONAL PLC - Tsogo Sun acquires a 25% interest in Redefine BDL Hotel Group Limited

Tsogo Sun acquires a 25% interest in Redefine BDL Hotel Group Limited

REDEFINE INTERNATIONAL P.L.C.
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00B8V8G91
(“Redefine International” or “the Company”)


Tsogo Sun acquires a 25% interest in Redefine BDL Hotel Group Limited


Redefine International, a UK Real Estate Investment Trust which has a primary listing on the London Stock Exchange
and a secondary listing on the Johannesburg Stock Exchange, is pleased to announce that Tsogo Sun Holdings Limited
(“Tsogo Sun”) has invested GBP8.1 million to acquire a 25% interest in the hotel management company, Redefine
BDL Hotel Group Limited (“RBDL”), with effect from 1 May 2014 (the “Acquisition”).

Following the Acquisition, the Company’s interest in RBDL, which has approximately 60 hotels under management,
has reduced to 25.3%.

Tsogo Sun is South Africa’s largest hotel and casino operator and an associate of SAB Miller Plc. The Acquisition is
of strategic importance for both parties, providing RBDL with additional cash resources to develop and update its
business in the UK and Europe whilst allowing Tsogo Sun access to additional management expertise, exposure to
new markets and the potential for opportunities to deploy capital in attractive investments in the European market in
the future.

For further information:

Redefine International P.L.C.
Michael Watters, Stephen Oakenfull                                      Tel: +44 (0) 20 7811 0100

FTI Consulting
UK Public Relations Adviser
Stephanie Highett, Dido Laurimore                                       Tel: +44 (0) 20 3727 1000

Marketing Concepts
SA Public Relations Adviser
Suren Naidoo                                                            Tel: + 27 (0) 11 783 0700

JSE Sponsor
Java Capital                                                            Tel: + 27 (0) 11 283 0042


23 May 2014

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