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 PDMR SHARE DEALING RDI advises that, on 18 July 2019, Ellwain Investments (PTY) Limited ("Ellwain") received a dividend in specie from the RBH Hotel Group Limited of 55,445 ordinary shares in RDI. Marc Wainer is a 50% shareholder in Ellwain and a Non-executive Director of RDI. 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 Marc Wainer 2 Reason for the notification a) Position/status Non-executive Director b) Initial notification /Amendment Initial 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 Shares instrument, type of instrument Identification code 2138006NHZUMMRYQ1745 b) Nature of the transaction RBH Hotel Group Limited distributed a dividend in specie to Ellwain Investments (PTY) Limited, of which Marc Wainer is a 50% shareholder c) Price(s) and volume(s) Price(s) Volume(s) 111.80pence 27,723 d) Aggregated information - Aggregated volume 27,723 - Price £30,994.31 e) Date of the transaction 2019-07-18 f) Place of the transaction Off market transaction 24 July 2019 For further information: RDI REIT P.L.C. Mike Watters, Stephen Oakenfull 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 Note to editors: About RDI RDI is an income focused UK-REIT with a diversified portfolio invested principally in the UK. The investment approach is driven by an in depth understanding of occupational demand including the impact of technology, transport and infrastructure investment. The portfolio has been repositioned in recent years to increase its weighting to London and the South East and to provide greater exposure to our leading hotel and serviced office operating platforms. RDI is committed to delivering attractive income led total returns across the real estate cycle. The current strategic objectives of a lower leverage capital structure and more focused allocation of capital are targeted at delivering an industry leading and sustainable income return. RDI is a UK Real Estate Investment Trust (UK-REIT) and holds a primary listing on the London Stock Exchange and a secondary listing on the JSE. The Company 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 Date: 24/07/2019 11:00:00 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.