Response To Redefine Properties Limited Launch Of Exchangeable Bond REDEFINE INTERNATIONAL P.L.C. (Incorporated in the Isle of Man) (Registered number 010534V) LSE share code: RDI JSE share code: RPL ISIN: IM00B8BV8G91 (“Redefine International” or “the Company”) RESPONSE TO REDEFINE PROPERTIES LIMITED LAUNCH OF EXCHANGEABLE BOND Redefine International, the FTSE 250 income focused UK-REIT notes the announcement made by Redefine Properties Limited (“Redefine Properties”) released at 7am (UK time) this morning in respect of the issuance of EUR 150 million secured bonds exchangeable into shares of Redefine International (the “Exchangeable Bond”). Redefine Properties is listed on the Johannesburg Stock Exchange and currently has a 30.07 per cent. interest in Redefine International. The Exchangeable Bond is being independently issued by Redefine Properties and Redefine International has not been involved in the issuance. The Exchangeable Bond has no impact on the capital structure, business plan or strategy for Redefine International. The Redefine Properties Limited announcement is available on Bloomberg and will be available on their website at http://www.redefine.co.za/ later today. Further enquiries: Redefine International Tel: +44 (0) 20 7811 0100 Michael Watters Stephen Oakenfull FTI Consulting Tel: +44 (0) 20 3727 1000 UK Public Relations Adviser Dido Laurimore Claire Turvey Ellie Sweeney FTI Consulting Tel: + 27 (0) 11 214 2402 SA Public Relations Adviser Max Gebhardt Trevor Jones Note to editors: About Redefine International Redefine International is an opportunistic, income focused FTSE 250 UK Real Estate Investment Trust (UK- REIT) committed to delivering superior distributions to its shareholders throughout the property cycle, enabled by a diversified portfolio. Our income driven total returns are underpinned by a quality and segmented portfolio, together with an efficient capital structure. We are committed to delivering superior distributions to our shareholders, as is evidenced in our proven track record in delivering market-leading dividends throughout the property cycle. The property portfolio, independently valued at £1.5 billion, is focused in Europe's two strongest economies, being the United Kingdom and Germany, within the retail, commercial and hotel sectors. The portfolio is weighted towards well-located properties across a range of asset classes, which benefit from strong demand and from which we believe we can capture income and value growth by attracting high calibre occupiers on long leases. We hold a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange and are included within the FTSE 250 and EPRA indices. For more information on Redefine International, please refer to the Company’s website www.redefineinternational.com 5 September 2016 JSE Sponsor Java Capital Date: 05/09/2016 10:29:00 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.