DEALINGS IN SECURITIES BY A DIRECTOR OF A SUBSIDIARY

RACEC GROUP LIMITED

                            Incorporated in the Republic of South Africa
                              (Registration number 1998/006153/06)

                            Share code: RAC ISIN: ZAE000105409



        DEALINGS IN SECURITIES BY A DIRECTOR OF A SUBSIDIARY



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 Douglas Morris

 Company:                         RACEC Proprietary Limited
 Class of securities:             Ordinary shares

 Nature of the transaction:       Purchase of shares on market

 Extent of directora''s interest:   Direct beneficial
 Date of transaction:             2 July 2012

 Price per security:              R0.43                     R0.44

 Number of securities:            49 833                    69 000

 Total value:                     R21 428.19                R30 360.00
 Clearance to deal obtained:      Yes                       Yes


Cape Town
2 July 2012

Designated Adviser
Merchantec Capital

Date: 02/07/2012 04:50:00 Supplied by www.sharenet.co.za                     
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