Results of Dividend Election

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

RESULTS OF DIVIDEND ELECTION

On 30 April 2014 the Company declared an interim dividend of 1.50 pence per share in respect of the six months ended 28 February 2014 and offered shareholders an election to receive either a scrip dividend by way of an issue of new Redefine International shares credited as fully paid up (the "Scrip Dividend Shares") or a cash dividend. 

The Company is pleased to announce that election forms for 919,239,020 ordinary shares of 8 pence each in the Company ("Ordinary Shares") have been received, representing a 72 per cent take up by shareholders, for which 25,323,941 Scrip Dividend Shares are to be issued, being approximately 2 per cent of the current issued share capital of the Company ("ISC"). 

An application has been made for the Scrip Dividend Shares, which will rank pari passu in all respects with the Company's existing issued Ordinary Shares, to be admitted to the Premium Segment of the Official List of the United Kingdom Listing Authority, to trading on the London Stock Exchange's Main Market for listed securities and to be listed on the JSE ("Admission"). It is expected that Admission will occur on 5 June 2014.

This announcement is being made ahead of the proposed schedule, prior to Admission.

Following Admission, the total number of voting rights will be 1,296,097,349. No Ordinary Shares are held in treasury. The figure of 1,296,097,349 Ordinary Shares may then 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 UK Financial Conduct Authority's Disclosure and Transparency Rules.

The following Directors and Connected Persons have informed the Company that they have elected to take up the Scrip Dividend Shares:-

For further information:

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