REDEFINE INTERNATIONAL PLC - Redefine International makes part disposal of Cromwell securities

Redefine International makes part disposal of Cromwell securities

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”)


REDEFINE INTERNATIONAL MAKES PART DISPOSAL OF CROMWELL SECURITIES


Redefine International the income focused UK Real Estate Investment Trust (“UK-REIT”), announces that it has
disposed of 54.24 million securities in its associate company the Cromwell Property Group (“Cromwell”), held through
its 100% held subsidiary, Redefine Australian Investments Limited (the “Transaction” or the “Sale”).

Cromwell, a stapled security listed on the Australian Stock Exchange (“ASX”), comprises the Cromwell Diversified
Property Trust and Cromwell Corporation Limited.

The Cromwell securities were sold on the ASX, at a 0.8% premium on the 30 day VWAP for a total consideration of
AUD54.48 million (GBP30.66 million). The transaction reflects a GBP2.01 million surplus on the 28 February 2014
interim value. Following the Transaction the Company’s holding in Cromwell will reduce from 13.13% to 9.99%.

The Transaction is in line with Redefine International’s objective of recycling its capital into new high yielding
opportunities where it can use its asset management expertise to extract value on behalf of shareholders. The proceeds of
the Sale will be used to further strengthen the Company’s cash position and for general investment purposes. Suitable
opportunities in this regard are currently being considered and further announcements will be made as and when
appropriate.

Commenting, CEO Mike Watters, said:

“We have achieved excellent returns from our investment in Cromwell and remain a committed shareholder. The sale of
part of the Company’s investment in Cromwell is in line with our objective of recycling capital across the different parts
of the Company’s diversified portfolio, enabling us to take advantage of a number of new and exciting UK and European
based investment opportunities which support our income focused strategy.”

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

FTI Consulting
UK Public Relations Adviser
Max Gebhardt                                                    Tel: + 27 (0) 11 214 2402

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

Redefine International is a UK REIT with a primary listing on the London Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange.


1 September 2014

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