Wolf Eli Cesman

Redefine International Plc is a closed-ended hybrid property investment company. Its principal objective is to generate total returns for investors through net asset value growth, primarily through capital enhancement of the company's portfolio, and the payment of distributions. It intends to achieve this objective by investing in a growing portfolio of commercial real estate assets primarily in the UK and Europe, with a focus on retail and commercial assets as well as opportunistically investing in listed property securities in the UK, Europe and Australia. It is managed by Redefine International Fund Managers Ltd., which is a BVI regulated fund and investment manager. The company has changed its name from Ciref Plc to Redefine International Plc on July 1, 2010. The company was founded on September 28, 2005 and is headquartered in St. Helier, Jersey.

Liberty Group Ltd. provides financial services. It offers solutions to individual, family, and business. The company was founded by Donald Gordon in 1957 and is headquartered in Johannesburg, South Africa.

Redefine Income Fund Ltd. provides financial services. It is engaged in property investments and listed property securities. It operates through three business units: Direct investment in retail, office and industrial property. The company was founded in 1999 and is headquartered in Johannesburg, South Africa.

The Company's principal activity is managing portfolio of commercial, retail and industrial properties. Its portfolio consisted mainly of office buildings located in the inner cities of Johannesburg, Pretoria and Durban. The Company manages risk by growing the size of the property portfolio with revenue enhancing purchases, spread throughout the nine provinces in South Africa. Provinces includes Gauteng, KwaZulu-Natal, Western Cape, Eastern Cape, Free State, Mpumalanga, Limpopo, North West and Northern Cape. While the main focus is on purchasing additional properties to grow the portfolio, the Company also manages their asset base to maximise the potential of the core portfolio. Activity is centred on leasing vacant space and renewing leases with existing tenants, and upgrading and refurbishing buildings where appropriate as well as disposing of properties, which do not meet the growth targets. Tenants include the Government, Standard Bank, Nedcor and Metcash.

Wichford Plc is a property investment company. It has properties in the UK and other major European countries. The company's properties are occupied by governmental departments, including the Police, various justice departments, the DVLA, the DWP (JobCentre Plus), the Passport Office and the International Criminal Court. The company was founded in 2003 and is headquartered in Douglas, Isle of Man.

Part of Redefine Properties Ltd., Outward Investment Pty Ltd. is a special purpose vehicle. The company is located in South Africa.