Hot on the heels of the Leaf portfolio acquisition, Redefine announced it has acquired a portfolio of 56 retail properties in Germany, in an equal joint venture with Redefine International.

Redefine International advises shareholders its chief financial officer Andrew Rowell has tendered his resignation 'to take up a similar role abroad'.

Redefine BDL plans to have 100 hotels in its management portfolio in 2 years' time strengthening its position as the largest hotel manager in the UK.

Redefine International disposes of 54.24m Cromwell Property shares held through subsidiary Redefine Australian Investments for a consideration of GBP30.66m, says group.

Improving markets in Europe buoy up Redefine International's recent performance‚ allowing it to make various acquisitions.

Redefine International acquires the remaining 10% of the issued share capital in Redefine International Fund Managers Europe Limited.

SA shareholders of Redefine International continue to be rewarded on both the income and capital growth front.

Thursday, 01 May 2014 12:49

Redefine basic EPS up 14.1%

Redefine International lifts basic earnings per share 14.1% from 1.91p to 2.18p for the six months ended February.

Redefine International makes an offer to shareholders to receive a cash or scrip dividend.

Redefine International today announced it has agreed to purchase the remaining 40% of the issued shares in BNRI Earls Court Limited to secure full ownership of the Holiday Inn Express Hotel in Earls Court, London.

Page 4 of 10

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