RARE HOLDINGS LIMITED - Trading Statement

Trading Statement

RARE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration Number: 2002/025247/06
Share Code: RAR ISIN: ZAE000180626
("Rare" or "the Company")

TRADING STATEMENT

In accordance with paragraph 3.4(b) of the Listings 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 and headline loss
for the 12 month reporting period ended 30 June 2014 is expected to be
between R22.0 million and R25.0 million, compared to the basic loss of 
R42.7 million and the headline loss of R42.3 million for the previous
comparable period ended 30 June 2013.

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

By order of the Board
Kliprivier
12 September 2014

Designated advisor: PSG Capital (Pty) Limited

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