RDI.L Regulatory News (RDI)

1.

Name of the issuer

Redefine International P.L.C.

2.

The notification relates to a transaction notified in accordance with DTR 3.1.2 R

3.

Name of person discharging managerial

responsibilities/director

Michael Watters

Andrew Rowell

Stephen Oakenfull

4.

The notification relates to the

director named in (3)

The connected person is

Corovest Offshore Limited ("COL")

5.

The notification is in respect of a holding

of Corovest Offshore Limited

6.

Description of shares

Ordinary shares of 8 pence

7.

Name of registered shareholders

Corovest Offshore Limited

8.

State the nature of the transaction

Transfer of shareholding following a distribution in specie to underlying COL shareholders including, inter alia, holders named in 3 above, with no change to the underlying shareholders' beneficial shareholdings.

9.

Number of shares acquired

10.

Percentage of issued class acquired

11.

Number of shares disposed

21,952,923

12.

Percentage of issued class disposed

1.9%

13.

Price per share or value of transaction

0 pence per ordinary share

Transfer of shareholding following a distribution in specie to underlying COL shareholders

14.

Transaction completion date

21 January 2014

15.

Total COL holding following notification

0 shares

NB There has been no change to the underlying beneficial shareholders of the shares

16.

Date issuer informed of transaction

28 January 2014

Name of authorised official of issuer responsible for making notification

Lisa Hibberd

Date of notification 28 January 2014