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 than 20% compared to the previous corresponding reporting          
period.                                                                         
Shareholders are hereby advised that the Company is currently in the process    
of finalising its interim results for the six months ended 31 December 2011.    
The basic loss per share for this period is expected to be between 28.0 cents   
and 30.4 cents per share and the headline loss per share is expected to be      
between 27.1 cents and 29.5 cents per share, compared to the basic and          
headline loss per share of 12.02 cents, reported for the previous comparable    
interim period, ended 31 December 2010.                                         
The basic loss per share from continuous operations for the six months ended    
31 December 2011, is expected to be between 23.8 cents and 25.4 cents per       
share and the headline loss per share from continuous operations is expected    
to be between 23.0 cents and 24.6 cents compared to the basic and headline      
loss per share from continuous operations of 7.8 cents, reported for the        
previous comparable interim period ended 31 December 2010.  The information     
in this trading statement has not been reviewed by the Company`s external       
auditors.                                                                       
Johannesburg                                                                    
11 April 2012                                                                   
Designated advisor:  PSG Capital Proprietary Limited                            
Date: 11/04/2012 17:00:02 Supplied by www.sharenet.co.za                     
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