RAC - Racec Group Limited - Dealings in securities by directors

RAC - Racec Group Limited - 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                                          
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:                  Mr Sean Charles Wilkins                      
Company:                           RACEC Group Limited                          
Class of securities:               Ordinary shares                              
Nature of transaction:             Purchase of shares off market                
Date of transaction:               17 February 2011                             
Purchase price:                    R0.40                                        
Number of securities:              2 799 560                                    
Total value:                       R1 119 824                                   
Extent of director`s interest:     Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Name of director:                  Mr Fontaine Vowles Bartleman                 
Company:                           RACEC Rail (Proprietary) Limited             
Class of securities:               Ordinary shares                              
Nature of transaction:             Purchase of shares off market                
Date of transaction:               17 February 2011                             
Purchase price:                    R0.40                                        
Number of securities:              800 000                                      
Total value:                       R320 000                                     
Extent of director`s interest:     Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Name of director:                  Mr Douglas Morris                            
Company:                           RACEC (Proprietary) Limited                  
Class of securities:               Ordinary shares                              
Nature of transaction:             Purchase of shares on market                 
Date of transaction:               17 February 2011                             
Purchase price:                    R0.54                                        
Number of securities:              31 000                                       
Total value:                       R16 740                                      
Extent of director`s interest:     Direct beneficial                            
Clearance to deal obtained:        Yes                                          
Cape Town                                                                       
18 February 2011                                                                
Designated Adviser                                                              
Merchantec Capital                                                              
Date: 18/02/2011 16:23:35 Supplied by www.sharenet.co.za                     
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