Cromwell Releases Year End Results

23 August 2012

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

Cromwell Releases Year End Results

Redefine International is pleased to announce that its associate company, the Cromwell Property Group ("Cromwell"), has today released its results for the year ended 30 June 2012. Cromwell is an Australian Property Trust listed on the Australian Stock Exchange in which the Company currently has a 23.08% interest 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/aboutcromwell/newsroom/.

The highlights for the year are set out below:-

CROMWELL OUTPERFORMS WITH FULL YEAR OPERATING EARNINGS

·; Operating earnings up 23% to a record $80.01 million (7.5 cps)

·; Statutory accounting net profit of $23.1 million (2.2 cps) impacted by interest rate swap re-valuations and the HQ North and Bundall Corporate Centre acquisition costs

·; Acquisitions totalling $249.5 million increased value of portfolio to $1.72 billion with NTA of $0.67 per security

·; Full year distributions of 7.0 cps

·; Offer to acquire all the units in unlisted Cromwell Property Fund (CPF) subject to CPF unitholder approval and other conditions

·; Forecast FY13 operating earnings of minimum 7.5 cps and distributions of 7.25 cps

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