Correction Announcement: PDMR Share Dealing

RDI REIT P.L.C.

('RDI' or the 'Company')

(Registration number 010534V)

LSE share code: RDI

JSE share code: RPL

ISIN: IM00BH3JLY32

LEI: 2138006NHZUMMRYQ1745

Correction Announcement: PDMR Share Dealing

On Friday 26 April 2019, the Company advised that Mike Watters, the CEO of RDI, had acquired a total of 28,550 ordinary shares in the Company:-

· 16,000 ordinary shares in the Company were acquired on 25 April 2019; and

· 12,550 ordinary shares in the Company were acquired on 26 April 2019.

Please be advised that the acquisition on 26 April 2019 was for 4,185 ordinary shares only, and therefore the total shares acquired by Mike Watters was 20,185 ordinary shares in the Company.

Amended Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mike Watters
2	Reason for the notification
a)	Position/status	Director/CEO
b)	Initial notification /Amendment	Amendment
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	RDI REIT P.L.C.
b)	LEI	2138006NHZUMMRYQ1745
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary Shares
	Identification code	2138006NHZUMMRYQ1745
b)	Nature of the transaction	Acquisition
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			ZAR 23.90	4,185
d)	Aggregated information
	- Aggregated volume	4,185
	- Price	ZAR100,021.50
e)	Date of the transaction	26 April 2019
f)	Place of the transaction	Johannesburg Stock Exchange

For further information, please contact:

RDI REIT P.L.C.
Mike Watters, Donald Grant	Tel: [phone]
FTI Consulting
UK Public Relations Adviser
Dido Laurimore, Claire Turvey, Ellie Sweeney	Tel: [phone]
Instinctif Partners
SA Public Relations Adviser
Frederic Cornet	Tel: [phone]
JSE Sponsor
Java Capital	Tel: + 27 (0) 11 722 3050

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 26.7% indexed and has a WAULT of 6.5 years to first break (8.1 years to expiry). This is complemented by an average debt maturity of 7.1 years of which over 90% 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 28 February 2019