RAR - Rare Holdings Limited - Changes to responsibilities of directors

RAR - Rare Holdings Limited - Changes to responsibilities of directors          
RARE HOLDINGS LIMITED                                                           
(Incorporated in the Republic of South Africa)                                  
Registration Number:  2002/025247/06                                            
Share Code:  RAR    ISIN:  ZAE000092714                                         
("Rare" or "the Company")                                                       
CHANGES TO RESPONSIBILITIES OF DIRECTORS                                        
1.   In compliance with paragraph 3.59(c) of JSE Limited Listings               
    Requirements, shareholders are hereby informed of the following changes     
    in responsibilities of the Board of directors ("the Board") which were      
    effected on 14 May 2012:                                                    
1.1  Mr. Thembinkosi Siyolo`s ("Themba") appointment from non-executive     
         director of the Board to chairman of the Board; and                    
                                                                                
    1.2  Dr. Marthinus Theunis Lategan`s ("Theunie") appointment from           
chairman of the Board to non-executive director of the Board.          
2.   The Board wants to thank Theunie for his valuable contribution and wish    
    him and Themba all the best in their new roles.                             
Johannesburg                                                                    
15 May 2012                                                                     
Designated advisor:  PSG Capital Proprietary Limited                            
Date: 15/05/2012 14:30:06 Supplied by www.sharenet.co.za                     
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