Offer Closed, Admission of Ordinary Shares

FOR IMMEDIATE RELEASE

5 October 2011

REDEFINE INTERNATIONAL P.L.C.

(the "Company")

OFFER CLOSED, ADMISSION OF ORDINARY SHARES

AND COMPLETION OF COMPULSORY ACQUISITION

Redefine International P.L.C. (LSE: RDI), the diversified income-focused property company, is pleased to announce the Company's admission of an additional 13,829,680 Ordinary Shares of 7.2 pence each ("Ordinary Shares") to the Premium Segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities, effective from 8:00 am on 6 October 2011.

Further to the announcement by the Company on 22 August 2011 that the Offer had become unconditional and the Company intended to exercise its rights under Part 18 of the Companies (Jersey) Law 1991 to compulsorily acquire all outstanding shares ("Redefine Shares") in Redefine International plc ("Redefine"), the Jersey domiciled company, on the same terms as the Offer, these additional Ordinary Shares have now been allotted following the completion of that compulsory acquisition process.

As at 4 October 2011, the Company had received valid acceptances of the Offer in respect of a total of 449,701,785 Redefine Shares, representing approximately 99.45 per cent of the ordinary share capital of Redefine. The remaining 0.55 per cent of the Redefine Shares in issue have therefore been compulsorily acquired by the Company and, accordingly, the Offer has now closed. Non-assenting Redefine shareholders who had not yet accepted the Offer are encouraged to contact the Company via its website www.redefineinternational.com

Following completion of this compulsory acquisition, Redefine will be re-registered as a private limited company under the provisions of the Companies (Jersey) Law 1991 and will become a wholly-owned subsidiary of the Company.

In accordance with the FSA's Disclosure and Transparency Rules 5.6.1., the Company confirms that following admission of the Ordinary Shares on 6 October 2011, the Company's issued share capital will consist of 567,643,792 Ordinary Shares with voting rights. The Company holds no shares in Treasury.

The total number of voting rights in the Company is 567,643,792. The figure of 567,643,792 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

This announcement should be read in conjunction with the full text of the Prospectus published on 13 July 2011 available on the Company's website at www.redefineinternational.com. Defined terms used in the Prospectus shall have the same meanings when used in this announcement unless the context otherwise requires.

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