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 39.00 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, 7 May 2015 for the six months ended 28 February 2015 and the announcement of the reinvestment price per new share (being R10.70 per share) applicable to Redefine shareholders electing the share alternative released on SENS on Friday, 15 May 2015. Shareholders holding 1 622 442 383 Redefine shares or 42% of Redefine shares (prior to the election) qualifying to receive the cash dividend elected to receive the share alternative, resulting in the issue of 58 722 042 new Redefine shares, retaining R628 million (based on the issue price of R10.70 per new share after accounting for the applicable dividend withholding tax) in new equity for Redefine. Accordingly, a total cash dividend of R894 million (of which R4 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 2 281 711 394 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 will have their bank accounts credited on 1 June 2015. 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 June 2015 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 will be credited with the cash dividend on 1 June 2015 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 June 2015 with their new Redefine shares. 1 June 2015 Corporate advisor and sponsor Java Capital Date: 01/06/2015 05:50:00 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.