Issue of Scrip Dividend Shares

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

ISSUE OF SCRIP DIVIDEND SHARES

Further to the announcement on 29 May 2015 regarding the results of the scrip dividend election, Redefine International is pleased to confirm that an additional 23,008,358 ordinary shares of 8 pence each in the Company (the "Shares") will be issued on 5 June 2015, conditional only upon admission of the Shares to trading on the London Stock Exchange's Main Market for listed securities.

 We confirm that in accordance with LR 9.6.2 R of the Listing Rules of the UKLA a copy of the scrip dividend circular was submitted to the UK's National Storage Mechanism on 29 April 2015, and is available for inspection at: http://www.morningstar.co.uk/uk/NSM and can also be viewed on the Company's website, www.redefineinternational.com.

For further information:

Notes to editors:

Redefine International (RDI) is a FTSE 250 income focused UK-REIT with a primary listing on the London Stock Exchange and a secondary listing on the Johannesburg Stock Exchange.

The Group invests in large, well developed economies with established and transparent real estate markets. Within these markets, Redefine International's £1 billion investment portfolio provides diversified exposure to the commercial, industrial, retail and hotel sectors.

Redefine International is focused on delivering sustainable and growing income to shareholders through investment in income yielding assets let to high quality occupiers on long leases. Capital values are enhanced and protected by asset management and other low capex development activities.

As a UK-REIT, the Group aims to distribute the majority of its earnings available for distribution on a semi-annual basis, providing investors with attractive income returns as well as exposure to capital growth opportunities.

www.redefineinternational.com