RAR - Rare Holdings Limited - Trading Update

RAR - Rare Holdings Limited - Trading Update                                    
RARE HOLDINGS LIMITED                                                           
(Incorporated in the Republic of South Africa)                                  
Registration Number:  2002/025247/06                                            
Share Code:  RAR    ISIN:  ZAE000092714                                         
("Rare" or "the Company")                                                       
TRADING UPDATE                                                                  
In accordance with paragraph 3.4(b) of the Listing Requirements of the JSE      
Limited, companies are required to inform shareholders as soon as there is a    
reasonable degree of certainty that the earnings of the company are likely to   
vary by more that 20% compared to the previous reporting period.                
Shareholders are hereby advised that the basic loss per share is expected to be 
between 81.4 cents and 92.2 cents per share and the headline loss per share is  
expected to be between 54.5 cents and 60.9 cents per share, compared to the     
basic loss per share of 65.43 cents and headline loss per share of 32.11 cents, 
reported for the previous comparable period, ended 30 June 2010.                
The basic loss per share from continuous operations is expected to be between   
62.9 cents and 71.7 cents per share and the headline loss per share from        
continuous operations is expected to be between 35.9 cents and 38.1 cents       
compared to the basic loss per share from continuous operations of 44.20 cents  
and headline loss per share from continuous operations of 11.07 cents, reported 
for the previous comparable period ended 30 June 2010(restated).                
The information in this trading statement has been reviewed by the Company`s    
external auditors.                                                              
Johannesburg                                                                    
26 September 2011                                                               
Designated advisor:  PSG Capital (Proprietary) Limited                          
Date: 26/09/2011 17:20:52 Supplied by www.sharenet.co.za                     
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