RAR - Rare Holdings Limited - Voluntary announcement -trading statement

RAR - Rare Holdings Limited - Voluntary announcement -trading statement         
additional disclosure                                                           
RARE HOLDINGS LIMITED                                                           
(Incorporated in the Republic of South Africa)                                  
Registration Number:  2002/025247/06                                            
Share Code:  RAR      ISIN:  ZAE000092714                                       
("Rare" or "the Company")                                                       
VOLUNTARY ANNOUNCEMENT -TRADING STATEMENT ADDITIONAL DISCLOSURE                 
We refer to the trading statement released on SENS on the 27th of               
September 2011 ("the Announcement").                                            
As per the Announcement, the Company expects a loss per share of between        
81.4 cents and 92.2 cents per share for the 12 month period ended 30 June       
2011. The expected loss per share range has been calculated on a weighted       
average number of ordinary shares in issue during the period, which             
amounts to 104,091,306 shares. 288 750 000 ordinary shares was issued           
shares at year end.                                                             
The Company is expected to make a total loss of between R85 million and         
R95 million for the 12 month period ended 30 June 2011.                         
The Company is expected to make a total headline loss of between R57            
million and R63 million during the 12 month period ended 30 June 2011.          
The headline loss per share of between 54.5 cents and 60.9 cents per            
share, as announced, is based on the weighted average number of ordinary        
shares in issue.                                                                
The information in this trading statement has not been reviewed by the          
Company`s external auditors.                                                    
Johannesburg                                                                    
28 September 2011                                                               
Designated advisor:  PSG Capital (Proprietary) Limited                          
Date: 28/09/2011 13:24:01 Supplied by www.sharenet.co.za                     
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