Dealings in securities by directors of the company REDEFINE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/018591/06) JSE share code: RDF ISIN: ZAE000190252 (Approved as a REIT by the JSE) (“Redefine”) DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to the grant and acceptance of shares offered under The Redefine Long-term Incentive Scheme: Restricted Unit Scheme (“the scheme”) in accordance with the following conditions: - upon acceptance of the award of restricted shares under the scheme (“the restricted shares”), vesting will occur on 30 November 2017; and - 60% of each tranche is subject to certain performance conditions relating to growth in distributions per share in relation to peer companies, performance relative to approved budget and achievement of strategic objectives. Name of director: Marc Wainer Transaction date: 26 November 2014 Class of securities: Shares Number of securities: 300 000 Price per security: Rnil Total value of transaction: R2 976 000, being the total deemed value calculated using the closing price of Redefine shares on 27 November 2014 of R9.92 Nature of transaction: Off-market acceptance of the restricted shares offered in terms of the scheme Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Andrew Konig Transaction date: 26 November 2014 Class of securities: Shares Number of securities: 225 000 Price per security: Rnil Total value of transaction: R2 232 000, being the total deemed value calculated using the closing price of Redefine shares on 27 November 2014 of R9.92 Nature of transaction: Off-market acceptance of the restricted shares offered in terms of the scheme Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: David Rice Transaction date: 26 November 2014 Class of securities: Shares Number of securities: 225 000 Price per security: Rnil Total value of transaction: R2 232 000, being the total deemed value calculated using the closing price of Redefine shares on 27 November 2014 of R9.92 Nature of transaction: Off-market acceptance of the restricted shares offered in terms of the scheme Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised of the following information relating to the grant and acceptance of shares offered under the scheme in accordance with the following conditions: - upon acceptance of the award of restricted shares under the scheme, vesting will occur in 4 equal tranches from the date of award to 30 November 2014, 30 November 2015, 30 November 2016 and 30 November 2017; and - save for the first tranche vesting on 30 November 2014, 60% of each tranche is subject to certain performance conditions relating to growth in distributions per share in relation to peer companies, performance relative to approved budget and achievement of strategic objectives. Name of director: Mike Ruttell Transaction date: 26 November 2014 Class of securities: Shares Number of securities: 600 000 Price per security: Rnil Total value of transaction: R5 952 000, being the total deemed value calculated using the closing price of Redefine shares on 27 November 2014 of R9.92 Nature of transaction: Off-market acceptance of the restricted shares offered in terms of the scheme Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Leon Kok Transaction date: 26 November 2014 Class of securities: Shares Number of securities: 640 000 Price per security: Rnil Total value of transaction: R6 348 800, being the total deemed value calculated using the closing price of Redefine shares on 27 November 2014 of R9.92 Nature of transaction: Off-market acceptance of the restricted shares offered in terms of the scheme Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 28 November 2014 Sponsor Java Capital Date: 28/11/2014 11:00:00 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.