Dealing In Securities By An Associate Of A Director 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”) DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to the dealing in securities by an associate of a director of Redefine: Name of associate: Clearwater Property Holdings No 5 (Pty) Ltd Name of director: Harish Mehta Relationship to director: The Clearwater Partnership holds 100% of the shares in Clearwater Property Holdings No 5 (Pty) Ltd, of which Harish Mehta is the sole director. The HKM Family Trust No 2 (of which Harish Mehta is a trustee and beneficiary) is the sole shareholder of Clearwater Capital (Pty) Ltd, which is the general partner of the general partner of The Clearwater Partnership Transaction date: 22 March 2016 Class of securities: Ordinary shares Nature of transaction: Off-market zero cost collar hedge over 10 000 000 Redefine shares with, in each case, a long put strike price of R10.9420 and a short call strike price of R11.9095, with an expiry date of 20 March 2017 Nature and extent of director’s interest: Indirect beneficial 24 March 2016 Sponsor Java Capital Date: 24/03/2016 01:10:00 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.