RARE HOLDINGS LIMITED - Dealing in securities by associates of directors

Dealing in securities by associates of directors

RARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2002/025247/06
Share Code: RAR
ISIN: ZAE000092714
("the Company" or "RARE")


DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS

In order to incentivise senior management and to align
shareholder and management interest, the controlling
shareholder of the Company, Doculate Investments (Pty)
Limited   (“Doculate”),  has   agreed   to  dispose   of
approximately 10.48% of the Company to the executive
directors of the Company and to certain members of
senior management, by way of a forward sale that will
settle on the third anniversary of the effective date of
the forward sale. Doculate is an associate of Mr.
Thembinkosi Siyolo, a non-executive director of the
Company.

Accordingly and in compliance with rules 3.63 to 3.74 of
the JSE Limited Listings Requirements, the following
information is disclosed in relation to the dealings by
the directors of the Company:

COMPANY                            Rare Holdings Limited
DIRECTOR                           Thembinkosi Siyolo
STATUS: EXECUTIVE/NON-EXECUTIVE    Non-executive
ASSOCIATE                          Doculate Investments (Pty)
                                   Limited
RELATIONSHIP WITH DIRECTOR         Director is a director and
                                   shareholder of the associate
TYPE OF SECURITIES                 Shares
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                21 December 2012
NUMBER OF SECURITIES TRANSACTED    187 500 000
CENTS PER SHARE                    8
TOTAL RAND VALUE OF SECURITIES     R15 000 000.00
NATURE OF TRANSACTION              Forward Sale to be settled
                                   on     the     three    year
                                   anniversary of the effective
                                   date
NATURE AND EXTENT OF               Indirect beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED                 Not required

COMPANY                            Rare Holdings Limited
DIRECTOR                           Wally van Coller
STATUS: EXECUTIVE/NON-EXECUTIVE    Executive
ASSOCIATE                          Van Coller Trust
RELATIONSHIP WITH DIRECTOR         Director is trustee and
                                   beneficiary of the associate
TYPE OF SECURITIES                 Shares
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                21 December 2012
NUMBER OF SECURITIES TRANSACTED    60 000 000
CENTS PER SHARE                    8
TOTAL RAND VALUE OF SECURITIES     R4 800 000.00
NATURE OF TRANSACTION              Forward Sale to be settled
                                   on the three year
                                   anniversary of the effective
                                   date
NATURE AND EXTENT OF               Indirect beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED                 Not required

COMPANY                            Rare Holdings Limited
DIRECTOR                           Renier Viljoen
STATUS: EXECUTIVE/NON-EXECUTIVE    Executive
ASSOCIATE                          Lazarus Trust
RELATIONSHIP WITH DIRECTOR         Director is trustee and
                                   beneficiary of the associate
TYPE OF SECURITIES                 Shares
CLASS OF SECURITIES                Ordinary
DATE OF TRANSACTION                21 December 2012
NUMBER OF SECURITIES TRANSACTED    37 500 000
CENTS PER SHARE                    8
TOTAL RAND VALUE OF SECURITIES     R3 000 000.00
NATURE OF TRANSACTION              Forward Sale to be settled
                                   on the three year
                                   anniversary of the effective
                                   date
NATURE AND EXTENT OF               Indirect beneficial
INTEREST IN THE TRANSACTION
CLEARANCE OBTAINED                 Yes


Johannesburg
31 December 2012

Designated Advisor: PSG Capital Proprietary Limited

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