RDI.L Regulatory News (RDI)

REDEFINE INTERNATIONAL P.L.C.

("Redefine International" or the "Company")

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

CHANGES TO THE BOARD

Following the conversion of the Company to a UK Real Estate Investment Trust ("UK-REIT") Redefine International is pleased to announce the appointments of Sue Ford and Stephen Oakenfull to the Board with effect from 17 December 2013.

The appointments bring significant financial and real estate experience onto the Board and follow the decision by Ita McArdle and Mark Taylor to retire from the Board at the conclusion of the Company's next AGM.

Sue Ford will join the Board as a Non-executive Director. Sue (53) is a chartered accountant with over 25 years' experience working within various organisation overseeing finance, strategy and governance matters. Sue was a co-founder and former finance director for Metric Property Investment plc, a UK-REIT prior to its merger with London & Stamford Plc to form LondonMetric Property Plc.

Stephen Oakenfull joins the Board as Deputy Chief Executive Officer. Stephen (34) is a CFA charterholder with a BSc (Hons) Degree in Construction Management. For the past five years, Stephen was Chief Operating Officer of Redefine International Fund Managers Limited ("RIFM"), the Investment Adviser to Redefine International. Prior to joining RIFM, Stephen worked for DTZ Corporate Finance in London and as a management consultant for Turner & Townsend, an international construction and management consultancy, both in South Africa and London.

Stephen was a director of the Redefine International subsidiaries: Wichford Carlisle Limited, Atholl no.1 Limited, Atholl no.2 Limited and Wichford Ladywell Limited, which were taken into receivership following the decision by the servicer of the Gamma loan to appoint a receiver, as reported by the Company on 15 January 2013.

No further details are required to be disclosed under LSE Listing Rule 9.6.13.

Furthermore, under the reconstituted Board the following directors have been appointed as chairmen of the following Board committees:-

Audit and Risk Committee: Gavin Tipper

Remuneration Committee: Michael Farrow

Nominations Committee: Greg Clarke

Investment Committee: Marc Wainer.

Upon the retirement of Ita McArdle, Michael Farrow will be appointed Senior Independent Director.

Commenting, Greg Clarke, Chairman of Redefine International, said:

"We are extremely grateful to Ita and Mark for their valuable contribution to the Board during the evolution of the Company over the past few years.

The new appointments will help strengthen the Board going forward. Sue brings a significant amount of UK specific experience in the areas of finance, capital markets, UK-REITs and retail property to the Board and the appointment of Stephen Oakenfull as Deputy Chief Executive Officer to the Board is clear recognition of the depth of skill and expertise he delivers to the Company."

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.