RACEC GROUP LIMITED - Dealings in securities by directors

Dealings in securities by directors

RACEC GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/006153/06)
Share code: RAC ISIN: ZAE000105409
(“RACEC” or “the Group”)


DEALINGS IN SECURITIES BY DIRECTORS


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the
following is disclosed:

 Name of director:                   Garry Harrod
 Company:                            RACEC Group Limited
 Class of securities:                Ordinary Shares
 Nature of transaction:              Sale of shares on market
 Date of transaction:                18 January 2013
 Price per security:                 90 cents
 Number of securities:               4 000 000
 Total value:                        R3 600 000
 Clearance to deal obtained:         Yes


 Name of director:                   Winston Ollewagen
 Company:                            RACEC Rail Proprietary Limited
 Class of securities:                Ordinary Shares
 Nature of transaction:              Sale of shares on market
 Date of transaction:                17 January 2013
 Price per security:                 90 cents
 Number of securities:               7 630 000
 Total value:                        R6 867 000
 Clearance to deal obtained:         Yes


 Name of director:                   Sean Wilkins
 Company:                            RACEC Group Limited
 Class of securities:                Ordinary Shares
 Nature of transaction:              Sale of shares on market
 Date of transaction:                18 January 2013
 Price per security:                 90 cents
 Number of securities:               700 000
 Total value:                        R630 000
 Clearance to deal obtained:         Yes



Cape Town
21 January 2013

Designated Adviser
Merchantec Capital

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