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” or the “company”) DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY Shareholders are hereby advised of the following information relating to the award of shares pursuant to the provisions of the Redefine Short-Term Incentive Scheme (“the STI scheme”) whereby a portion of the short- term incentive payable under the STI scheme may be settled by the grant of restricted shares under the Restricted Share Scheme; which shares will vest in three equal tranches on 30 November 2016 and each year thereafter: Name of director: Marc Wainer Transaction date: 13 November 2015 Class of securities: Ordinary shares Number of securities: 341 730 Price per security: RNil Total value of transaction: R3 584 750, being the total deemed value calculated using the volume weighted average price for the 5 days prior to and including the award date, ex dividend, of R10.49 per share (“the 5 day vwap”) Nature of transaction: Off-market acceptance of restricted shares Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Andrew Konig Transaction date: 13 November 2015 Class of securities: Ordinary shares Number of securities: 260 248 Price per security: RNil Total value of transaction: R2 730 000, being the total deemed value calculated using the 5 day vwap Nature of transaction: Off-market acceptance of restricted shares Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: David Rice Transaction date: 13 November 2015 Class of securities: Ordinary shares Number of securities: 229 886 Price per security: RNil Total value of transaction: R2 411 500, being the total deemed value calculated using the 5 day vwap Nature of transaction: Off-market acceptance of restricted shares Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Leon Kok Transaction date: 13 November 2015 Class of securities: Ordinary shares Number of securities: 199 833 Price per security: RNil Total value of transaction: R2 096 250, being the total deemed value calculated using the 5 day vwap Nature of transaction: Off-market acceptance of restricted shares Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Mike Ruttell Transaction date: 13 November 2015 Class of securities: Ordinary shares Number of securities: 131 363 Price per security: RNil Total value of transaction: R1 378 000, being the total deemed value calculated using the 5 day vwap Nature of transaction: Off-market acceptance of restricted shares Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 17 November 2015 Sponsor Java Capital Date: 17/11/2015 05:15:00 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.