RARE HOLDINGS LIMITED - CLAW-BACK OFFER: POSTING OF CIRCULAR

CLAW-BACK OFFER: POSTING OF CIRCULAR

RARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2002/025247/06
Share Code: RAR ISIN: ZAE000092714
("Rare" or "the Company")

CLAW-BACK OFFER: POSTING OF CIRCULAR

Shareholders are referred to the finalisation announcement released
on SENS on 24 August 2012 insofar the claw-back offer to
recapitalise the Company.

Further to the above, shareholders are advised that the claw-back
offer circular was posted to shareholders today, 10 September 2012.

An electronic copy of the claw-back offer circular may also be
downloaded from the Company’s website at www.rare.co.za

Johannesburg
10 September 2012

Designated advisor:   PSG Capital Proprietary Limited

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