Notification of share dealings by an associate of a director 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 an associate of a director 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 an associate of a director of the Company in on-market transactions. Details of the acquisitions are indicated below: Name of Director: Jan van Niekerk Category of Director: Executive director Name of Associate: Maximus Investments CC Relationship to Associate: Member Nature of transaction: Acquisition Nature of the interest: Indirect beneficial 1. Date of transaction: 26 March 2014 Price of securities: 1 265 cents Number of securities: 4 000 Total value of securities: R 50 600.00 Class of shares: Preference shares 2. Date of transaction: 27 March 2014 Price of securities: 1 265 cents Number of securities: 9 800 Total value of securities: R 123 970.00 Class of shares: Preference shares 3. Date of transaction: 28 March 2014 Price of securities: 1 265 cents Number of securities: 6 154 Total value of securities: R 77 848.10 Class of shares: Preference shares Cape Town 28 March 2014 Sponsor to RECM and Calibre Limited Questco (Pty) Ltd Date: 28/03/2014 04:43:00 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.