TR-1: Notification of major interest in shares RDI REIT P.L.C. (formerly Redefine International P.L.C.) (Incorporated in the Isle of Man) (Registered number 010534V) LSE share code: RDI JSE share code: RPL LEI: 2138006NHZUMMRYQ1745 ISIN: IM00B8BV8G91 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1a. Identity of the issuer or the underlying issuer of existing shares to which : RDI REIT P.L.C. voting rights are attached 1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate) Non-UK issuer IOM 2. Reason for the notification (please mark the appropriate box or boxes with an “X”) An acquisition or disposal of voting rights X An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Details of person subject to the notification obligation Name ALLAN GRAY UNIT TRUST MANAGEMENT (RF) PROPRIETARY LIMITED City and country of registered office (if applicable) Johannesburg, South Africa 4. Full name of shareholder(s) (if different from 3.) Name City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached: 27/2/2018 6. Date on which issuer notified (DD/MM/YYYY): 01/03/2018 7. Total positions of person(s) subject to the notification obligation % of voting rights Total of both in % Total number of % of voting rights through financial voting rights attached to shares instruments of issuer (total of 8. A) (total of 8.B 1 + 8.B 2) (8.A + 8.B) Resulting situation on the date on which threshold was crossed or reached 8.0191% 8.0191% 152 773 932 Position of previous notification (if 7.9613% 7.9613% 151 673 932 applicable) 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached A: Voting rights attached to shares Class/type of Number of voting rights % of voting rights shares ISIN code (if Direct Indirect Direct Indirect possible) (Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of 2004/109/EC) 2004/109/EC) 2004/109/EC) Directive (DTR5.1) (DTR5.2.1) (DTR5.1) 2004/109/EC) (DTR5.2.1) IM00B8BV8G91 152 773 932 8.0191% SUBTOTAL 8. A 152 773 932 8.0191% B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) Number of voting rights Type of financial Expiration Exercise/ that may be acquired if instrument date Conversion Period the instrument is exercised/converted. SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) Type of Expiration Exercise/ Physical or cash Number of % of voting rights financial date Conversion settlement voting rights instrument Period SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”) Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) % of voting rights % of voting rights if it through financial Total of both if it equals Name equals or is higher than instruments if it equals or or is higher than the the notifiable threshold is higher than the notifiable threshold notifiable threshold FIRST RAND BANK LIMITED ON BEHALF OF ALLAN GRAY UNIT 8.0191% 8.0191% TRUST MANAGEMENT (RF) (PTY) LTD 10. In case of proxy voting, please identify: Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information Instruments are held in trust by First Rand Bank Limited on behalf of investors of Allan Gray Unit Trust Management (RF) (Pty) Ltd Place of completion JOHANNESBURG Date of completion 1 March 2018 Annex: Notification of major holdings (to be filed with the FCA only) A: Identity of the person subject to the notification obligation RAND MERCHANT BANK – A DIVISION OF FIRST Full name (including legal form for legal entities) RAND BANK LIMITED BANKCITY, 3 FIRST PLACE, 1ST FLOOR, CNR Contact address (registered office for legal entities) SIMMONDS AND JEPPE STREETS, JOHANNESBURG, 2000 +27 87 736 1732 E-Mail Phone number / Fax number Nelia.deBeer@rmb.co.za Other useful information NELIA DE BEER (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name NELIA DE BEER BANKCITY, 3 FIRST PLACE, 1ST FLOOR, CNR Contact address SIMMONDS AND JEPPE STREETS, JOHANNESBURG, 2000 E-Mail Nelia.deBeer@rmb.co.za Phone number / Fax number +27 87 736 1732 Other useful information (e.g. functional relationship TRUSTEE with the person or legal entity subject to the notification obligation) C: Additional information 2 March 2018 Sponsor Java Capital Date: 02/03/2018 12:03:00 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.