Redefine Properties Appoints Greg Clarke as a new Chairman

Appointed new Chairman of Redefine Properties International: Greg Clarke

JSE- and London Stock Exchange-listed Redefine Properties International announces that after the retirement of Philippe de Nicolay, Greg Clarke is appointed chairman of the diversified income focused property firm.

Further to the announcement on 5 October 2011, Redefine International, the diversified income focused property company, is pleased to confirm the appointment of Greg Clarke as Chairman of the Company with effect from 1 December 2011, following the retirement of Philippe de Nicolay.

Clarke says: "It is a great privilege to be joining Redefine International at this exciting time in the Company's development. I look forward to offering my experience in international real estate and business management to support the Company in its ongoing strategy to deliver and enhance shareholder value.

On behalf of the rest of the Board I would like to thank Philippe for his dedication and leadership and wish him well for the future."