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Fri 13 Sep 2002, 17:43 Redefine - Director`s Dealings in Securities
Redefine Income Fund Limited ("Redefine")                                       
Code RDF                                                                        
Director`s Dealings in Securities                                               
In compliance with Rules 3.72 to 3.74 of the JSE Listings Requirements, the     
following information is disclosed:                                             
Names                    Jeffrey Solomon and David Solomon                      
Date of transaction      12 September 2002                                      
Price at which           R2,15 per linked unit                                  
securities traded                                                               
Volume traded            24 651 163                                             
Nature of transaction    Purchase                                               
                         The delivery of the linked units by                    
                         Redefine in partial consideration for                  
                         the purchase by Outward Investments                    
(Pty) Limited (a wholly owned                          
                         subsidiary of Redefine) of a business                  
                         from Solomon Brothers Property                         
                         Holdings (Pty) Limited and Kovacs                      
Investments 238 (Pty) Limited - full                   
                         particulars of which were contained                    
                         in the circular to shareholders of                     
                         the company issued on 9 July 2002                      
Interest:                Non - beneficial, indirect                             
Date: 13/09/2002 03:50:52 PM Produced by the JSE SENS Department                

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