Dealings in securities by an associate of a director of Redefine REDEFINE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1999/018591/06) JSE share code: RDF ISIN: ZAE000143178 (Approved as a REIT by the JSE) (“Redefine”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF REDEFINE Further to the scheme of arrangement (the “scheme”) entered into between The Pivotal Fund Limited (“Pivotal”) and the Pivotal shareholders (the “scheme participants”), Redefine acquired the entire issued share capital of Pivotal in exchange for the issue of, in aggregate, 460 000 000 Redefine shares and the delivery by Redefine of 31 153 281 Echo Polska Properties N.V. shares to the scheme participants. Accordingly, shareholders are advised of the following information relating to dealings in securities by an associate of a director of Redefine pursuant to the associate’s participation in the scheme as a scheme participant: Name of associate: Ellwain Investments Proprietary Limited (“Ellwain”) Name of director and relationship to director: Marc Wainer has a 50% interest in Ellwain, the entity which entered into the transaction Transaction date: 6 January 2017 Class of securities: Ordinary shares Number of securities: 3 710 242 Price per security: R10.63 Total value: R39 439 872.46 Nature of transaction: Off-market acquisition of shares pursuant to the scheme Nature and extent of director’s interest: Indirect beneficial 11 January 2017 Sponsor Java Capital Date: 11/01/2017 05:35:00 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.