Posting of dividend election circular to Redefine shareholders 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”) POSTING OF DIVIDEND ELECTION CIRCULAR TO REDEFINE SHAREHOLDERS Shareholders are referred to the announcement accompanying Redefine’s final results for the year ended 31 August 2016, released on SENS on 3 November 2016. Shareholders were advised that the directors of Redefine have declared a cash dividend of 44.30 cents per Redefine ordinary share of no par value for the six months ended 31 August 2016 and that shareholders have been provided with the election to reinvest the cash dividend in return for Redefine shares (the “share reinvestment alternative”). The circular relating to the share reinvestment alternative has been issued to Redefine shareholders. Copies of the circular may be obtained from the registered offices of Redefine, Redefine Place, 2 Arnold Road, Rosebank, 2196 during normal business hours. The circular will also be available in electronic format on the company’s website at www.redefine.co.za. 4 November 2016 Corporate advisor and sponsor Java Capital Date: 04/11/2016 05:30:00 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.