RDI REIT PLC - Correction Announcement: PDMR Share Dealing

Correction Announcement: PDMR Share Dealing

RDI REIT P.L.C.
("RDI" or the "Company")
(Incorporated in the Isle of Man)
(Registered number 010534V)
LSE share code: RDI
JSE share code: RPL
ISIN: IM00BH3JLY32
LEI: 2138006NHZUMMRYQ1745


CORRECTION ANNOUNCEMENT: PDMR SHARE DEALING


On Friday 26 April 2019, the Company advised that Mike Watters, the CEO of RDI, had acquired a total of
28,550 ordinary shares in the Company:-

      -   16,000 ordinary shares in the Company were acquired on 25 April 2019; and
      -   12,550 ordinary shares in the Company were acquired on 26 April 2019.

Please be advised that the acquisition on 26 April 2019 was for 4,185 ordinary shares only, and therefore the
total shares acquired by Mike Watters was 20,185 ordinary shares in the Company.

Amended Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them

 1        Details of the person discharging managerial responsibilities / person closely associated
 a)       Name                           Mike Watters
 2        Reason for the notification
 a)       Position/status                Director/CEO
 b)       Initial notification           Amendment
          /Amendment
 3        Details of the issuer, emission allowance market participant, auction platform, auctioneer or
          auction monitor
 a)       Name                           RDI REIT P.L.C.
 b)       LEI                            2138006NHZUMMRYQ1745
 4        Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
          type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
 a)       Description of the financial Ordinary Shares
          instrument, type of
          instrument

          Identification code            2138006NHZUMMRYQ1745
 b)       Nature of the transaction      Acquisition
 c)       Price(s) and volume(s)
                                         Price(s)               Volume(s)
                                         ZAR23.90               4,185

 d)       Aggregated information
          - Aggregated volume            4,185
          - Price                        ZAR100,021.50
 e)       Date of the transaction        26 April 2019
 f)       Place of the transaction       Johannesburg Stock Exchange

For further information, please contact:

RDI REIT P.L.C.
Mike Watters, Donald Grant                                                        Tel: +44 (0) 20 7811 0100
FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney                                      Tel: +44 (0) 20 3727 1000
Instinctif Partners
SA Public Relations Adviser
Frederic Cornet                                                                    Tel: +27 (0) 11 447 3030
JSE Sponsor
Java Capital                                                                       Tel: + 27 (0) 11 722 3050

29 April 2019

About RDI

RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income
focused REIT. The Company's income-led business model and strategic priorities are designed to offer
shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings
per share of 3%-5% across the medium term.

Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any
one sector or tenant, together with an efficient capital structure. The secure and growing income stream is
26.7% indexed and has a WAULT of 6.5 years to first break (8.1 years to expiry). This is complemented by
an average debt maturity of 7.1 years of which over 90% of interest costs are either fixed or capped. The
Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios
in the industry whilst maintaining a low cost of debt.

The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's
two largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals
spread across UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail
parks, UK hotels and German retail. RDI is well placed to take advantage of the increasing occupier
requirement for real estate owners to become high quality service providers, given its scalable operational
platforms and nearly a third of the portfolio invested in hotels and London serviced offices.

RDI holds a primary listing on the London Stock Exchange and a secondary listing on the JSE and is included
within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's website www.rdireit.com

All figures as at 28 February 2019

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