Notification of share dealings by associates of directors of the Company RECM and Calibre Limited (Incorporated in the Republic of South Africa) Registration number 2009/012403/06 Preference Share Code: RACP ISIN: ZAE000145041 ("RAC" or "the Company") Notification of share dealings by associates of directors of the Company In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are hereby notified that RAC shares were acquired by associates of the directors of the Company. Details of the acquisitions are indicated below: Dealings by associates of Piet Viljoen (Executive Director) 1. Name of Associate: Calibre Capital (Pty) Ltd Relationship to Associate: Shareholder and director Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 230 300 Total value of securities: R 2 913 295 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect beneficial On- or off-market transaction: On-market Dealings by associates of Jan van Niekerk (Executive Director) 1. Name of Associate: The Cora Foundation Relationship to Associate: Trustee Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 65 000 Total value of securities: R822 250 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect non-beneficial On- or off-market transaction: On-market 2. Name of Associate: TTOW Investments CC Relationship to Associate: Member Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 67 050 Total value of securities: R848 182.50 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect beneficial On- or off-market transaction: On-market 3. Name of Associate: L&C Trust Relationship to Associate: Trustee and beneficiary Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 20 000 Total value of securities: R253 000 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect beneficial On- or off-market transaction: On-market 4. Name of Associate: Maximus Investments CC Relationship to Associate: Member Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 123 632 Total value of securities: R1 563 944.80 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect beneficial On- or off-market transaction: On-market Dealings by Associates of Theunis de Bruyn (Executive Director) 1. Name of Associate: Calibre Capital (Pty) Ltd Relationship to Associate: Shareholder and director Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 239 700 Total value of securities: R3 032 205 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect beneficial On- or off-market transaction: On-market 2 Name of Associate: Theunis de Bruyn Family Trust Relationship to Associate: Trustee and beneficiary Date of transaction: 25 February 2014 Price of securities: 1 265 cents Number of securities: 330 000 Total value of securities: R4 174 500 Class of shares: Preference shares Nature of transaction: Acquisition Interest (direct or indirect): Indirect beneficial On- or off-market transaction: On-market Cape Town 26 February 2014 Sponsor to RECM and Calibre Limited Questco (Pty) Ltd Date: 26/02/2014 04:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.