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RARE HOLDINGS LIMITED - Trading Update

Release Date: 27/09/2012 17:30
Code(s): RAR     PDF:  
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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 reporting period.

Shareholders are hereby advised that the basic loss per share is expected
to be between 26 and 32 cents per share and the headline loss per share is
expected to be between 22 cents and 28 cents per share, compared to the
basic loss per share of 101.31 cents and headline loss per share of 73.18
cents, reported for the previous comparable period, ended 30 June 2011, as
restated on SENS on 27 September 2012.

The basic loss per share from continuous operations is expected to be
between 25 cents and 31 cents per share and the headline loss per share
from continuous operations is expected to be between 22 cents and 27 cents
compared to the basic loss per share from continuous operations of 77.78
cents and headline loss per share from continuous operations of 49.65
cents, reported for the previous comparable period ended 30 June 2011, as
restated on SENS on 27 September 2012.

The information in this trading statement has not been reviewed by the
Company’s external auditors.

Johannesburg
27 September 2012
Designated advisor: PSG Capital (Pty) Limited

Date: 27/09/2012 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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