RDI REIT : Posting of Annual Report and Notice of AGM

RDI REIT P.L.C.

('RDI' or the 'Company')

(Registered number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00B8BV8G91

POSTING OF THE ANNUAL REPORT AND NOTICE OF AGM,

PROPOSED SHARE CONSOLIDATION

AND NO CHANGE STATEMENT

RDI, the income-focused UK-REIT, is pleased to announce that the following documents have been sent to shareholders today: -

- the Annual Report incorporating the audited financial statements for the year ended 31 August 2018 (the 'Annual Report')

- the notice of the Annual General Meeting to be held on 24 January 2019 ('AGM'); and

- the form of proxy in respect of the AGM

(together, the 'Documents').

The AGM will be held at 20 St Dunstan's Hill, London, EC3R 8HL on Thursday, 24 January 2019 at 11.00am (UK time). The record date to attend and vote at the AGM will be close of business on Friday, 18 January 2019 for shareholders on the South African register, and close of business on Tuesday, 22 January 2019 for shareholders on the UK register.

Resolution 19 of the Notice of AGM proposes that every five Ordinary Shares of 8 pence each be consolidated into one Ordinary Share of 40 pence each (the 'Consolidation'). If the resolution is approved by shareholders on 24 January 2019, the timetable for the Consolidation will be as shown in the tables below.

For shareholders on the United Kingdom share register

Notes:

1. All dates and times quoted above are local dates and times in the United Kingdom. The above dates and times are subject to change. Any changes will be released on RNS.

For shareholders on the South African share register

Notes:

1. All dates and times quoted above are local dates and times in South Africa. The above dates and times are subject to change. Any changes will be released on SENS.

2. Share certificates may not be dematerialised or rematerialised between Wednesday, 6 February 2019 and Friday, 8 February 2019, both days inclusive.

3. Transfers of shares between sub-registers in South Africa and the UKmay not take place between Thursday, 24 January 2019 and Friday, 8 February 2019, both days inclusive.

The Consolidation will be such that shareholders will not be allocated a fraction of a new RDI share and as such any entitlement to receive a fraction of a new RDI share by virtue of the consolidation which:

- is less than one-half of a new RDI share, will be rounded down to the nearest whole number; and

- is equal to or greater than one-half of a new RDI share but less than a whole new RDI share, will be rounded up to the nearest whole number.

Please note that the Annual Report contains no material changes to the results for the year ended 31 August 2018 as released on RNS and SENS on 25 October 2018.

Copies of the Documents will be submitted to the National Storage Mechanism in the UK and will shortly be available for inspection at:http://www.morningstar.co.uk/uk/NSMand can also be viewed on the Company's website,www.rdireit.com

For further information:

Note to editors:

About RDI

RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term.

Income sustainability is underpinned by a diversified portfolio and tenant base, with no overreliance on any one sector or tenant, together with an efficient capital structure. The secure and growing income stream is 27.0% indexed and has a WAULT of 7.0 years to first break (8.4 years to expiry). This is complemented by an average debt maturity of 6.7 years of which over 95% of interest costs are either fixed or capped. The Company is focused on all aspects impacting shareholder distributions and reports one of the lowest cost ratios in the industry whilst maintaining a low cost of debt.

The Company owns properties independently valued at £1.6bn in the United Kingdom and Germany, Europe's two largest, liquid and transparent property markets. RDI invests in assets with strong property fundamentals spread across UK offices (including London serviced offices), UK logistics, UK shopping centres, UK retail parks, UK hotels and German retail. RDI is well placed to take advantage of the increasing occupier requirement for real estate owners to become high quality service providers, given its scalable operational platforms and nearly a third of the portfolio invested in hotels and London serviced offices.

RDI holds a primary listing on the London Stock Exchange and a secondary listing on the JSE and is included within the EPRA, GPR, JSE All Property and JSE Tradeable Property indices.

For more information on RDI, please refer to the Company's websitewww.rdireit.com

All figures as at 31 August 2018.