Acquisition of remaining interest in German portfolio 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”) ACQUISITION OF REMAINING INTEREST IN GERMAN PORTFOLIO Redefine International is pleased to announce that it has acquired the remaining 50% interest in Ciref Nepi Holdings Limited from its joint venture partner, New Europe Property (BVI) Ltd (“Nepi”), for a consideration of EUR3.4 million. The joint venture owns six properties in Germany (the “Premium Portfolio”), comprising the following assets: - two retail centres and an office building, let mainly to medical practitioners, in the Munich area; - a retail centre anchored by a Rewe supermarket and medical offices in Leipzig; - a retail centre in Moelln , anchored by a Norma supermarket; and - a supermarket in Frankfurt let to a Netto supermarket. The Premium Portfolio has a current market value of EUR33.4 million, with a net initial yield of approximately 6.9%. It was acquired in two stages, in joint venture with Nepi, in April 2007 and May 2008. The consideration reflects a current return on equity of approximately 10.9%. A refinancing of the portfolio is currently being negotiated, and a further announcement will follow in due course. For further information: Redefine International P.L.C. Michael Watters, Stephen Oakenfull Tel: +44 (0) 20 7811 0100 FTI Consulting UK Public Relations Adviser Dido Laurimore, Claire Turvey, Ellie Sweeney Tel: +44 (0) 20 3727 1000 FTI Consulting SA 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. 23 December 2014 Date: 23/12/2014 02:00:00 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.