Cromwell Releases Year End Results

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

 CROMWELL RELEASES YEAR END RESULTS

Redefine International is pleased to announce that the Cromwell Property Group ("Cromwell"), in which the Company currently has a 13.13% interest, has released its results for the year ended 30 June 2014. Cromwell is an Australian Property Trust listed on the Australian Stock Exchange. The Company's interest is held through its wholly-owned subsidiary Redefine Australian Investments Limited.

Cromwell's financial report and presentation can be found on its website: http://www.cromwell.com.au/investors/shareholders/asx-announcements.

The highlights for the year are set out below:-

· Operating Profit up 43% to a record $146.7 million

· Statutory Profit up 295% to $182.5 million

· Sale of six non-core assets for $253 million

· Sale of 321 Exhibition Street post balance date for $205.9m

· Increase in external AUM to $1.3 billion, with external funds management earnings up 65%

· Gearing reduced to 37% post 321 Exhibition Street

· Debt platform consolidated with extended term and reduced pricing

· Hedging term extended to 4.7 years

· FY15 operating earnings per security expected to be at least 8.2 cps with distributions of at least

7.75 cps

For further information:

Notes to editors:

Redefine International is a UK-REIT with a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.