REDEFINE INTERNATIONAL PLC - Directorate change

Directorate change

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”)


DIRECTORATE CHANGE


Further to the announcement on 29 December 2014, advising that Andrew Rowell, the Chief Financial Officer of
Redefine International, had tendered his resignation as a director of the Company, Redefine International confirms
that Andrew will be stepping down from the Board on 31 May 2015.
In accordance with section 430(2b) of the Companies Act 2006 and in line with the current remuneration policy,
approved by shareholders on 29 January 2015, the following remuneration payments will be made to Andrew
Rowell:-

    -   Base Salary: this will be paid up until the date of 31 May 2015;

    -   Pension and other benefits: all payments will cease on 31 May 2015;

    -   Bonus: although there is no obligation to award a bonus, the Remuneration Committee has decided to grant a
        pro-rata bonus, based on his existing bonus arrangements, of £65,000, reflecting Andrew’s exceptional
        contribution during the year and his commitment to further assist the Company over a substantial transition
        period following his ceasing to be a director; and

    -   Performance Share Plan: none of the contingent share awards will vest.

The appointment of Donald Grant as the new Chief Financial Officer was announced on 30 April 2015.

Mike Watters, Chief Executive of Redefine International, said:
“Andrew has been instrumental to the growth of Redefine International. I have enjoyed working with him over the
last nine years and, on behalf of the Board and the shareholders, I would like to thank him and wish him well in his
future endeavors.”


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
                                                                          Tel: + 27 (0) 11 283 0042
Java Capital
Redefine International (RDI) is a FTSE 250 income focused UK-REIT with a primary listing on the London Stock
Exchange and a secondary listing on the Johannesburg Stock Exchange.
The Group invests in large, well developed economies with established and transparent real estate markets. Within
these markets, Redefine International’s £1 billion investment portfolio provides diversified exposure to the
commercial, industrial, retail and hotel sectors.

Redefine International is focused on delivering sustainable and growing income to shareholders through investment
in income yielding assets let to high quality occupiers on long leases. Capital values are enhanced and protected by
asset management and other low capex development activities.

As a UK-REIT, the Group aims to distribute the majority of its earnings available for distribution on a semi-annual
basis, providing investors with attractive income returns as well as exposure to capital growth opportunities.

www.redefineinternational.com


22 May 2015

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