Results of dividend re-investment alternative 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”) RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE Shareholders are referred to the declaration of a final cash dividend of 38.14 cents per share (the “cash dividend”) with an election to reinvest the dividend in return for Redefine shares (the “share alternative”) announced on SENS on Thursday, 6 November 2014 for the six months ended 31 August 2014 and the announcement of the reinvestment price per new share (being R9.50 per share) applicable to Redefine shareholders electing the share alternative released on SENS on Friday, 14 November 2014. Shareholders holding 2 602 678 951 Redefine shares or 71% of Redefine shares (prior to the election) qualifying to receive the cash dividend elected to receive the share alternative, resulting in the issue of 103 991 300 new Redefine shares, retaining R987.9 million (based on the issue price of R9.50 per new share after accounting for the applicable dividend withholding tax) in new equity for Redefine. Accordingly, a total cash dividend of R408.2 million (of which R4.7 million is payable as a result of the dividend withholding tax applicable to certain shareholders who elected the share reinvestment alternative) is payable today in respect of 1 057 873 101 Redefine shares. Certificated shareholders who did not elect the share alternative in respect of some or all of their shares and who have provided their bank details to Redefine’s transfer secretaries had their bank accounts credited yesterday, 1 December 2014. Share certificates in respect of certificated shareholders who did elect the share alternative in respect of some or all of their shares will be posted on Wednesday, 3 December 2014 to certificated shareholders at their risk. The Central Securities Depository Participants or broker custody accounts of dematerialised shareholders who did not elect the share alternative in respect of some or all of their shares were credited with the cash dividend yesterday, 1 December 2014 and the Central Securities Depository Participants or broker custody accounts of dematerialised shareholders who did elect the share alternative in respect of some or all of their shares will be credited on Wednesday, 3 December 2014 with their new Redefine shares. 2 December 2014 Corporate advisor and sponsor Java Capital Date: 02/12/2014 07:35:00 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.