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Wed 29 Feb 2012, 8:52 RAC - Racec Group Limited - Resignation to the board of directors
RAC
RAC                                                                             
RAC - Racec Group Limited - Resignation to the board of directors               
RACEC GROUP LIMITED                                                             
Incorporated in the Republic of South Africa                                    
(Registration number 1998/006153/06)                                            
Share code: RAC ISIN: ZAE000105409                                              
("RACEC")                                                                       
Resignation to the board of directors                                           
In compliance with paragraph 3.59 of the Listings Requirements of JSE Limited,  
the Board of directors of RACEC ("the Board") hereby notifies its shareholders  
that Mr Stephen Smithyman will no longer represent Mr Ted Zulu as an alternate  
director with effect from 28 February 2012.                                     
The Board thanks Stephen for his contribution to RACEC and wishes him well in   
his future endeavours.                                                          
Johannesburg                                                                    
29 February 2012                                                                
Designated Adviser                                                              
Merchant Capital                                                                
Date: 29/02/2012 08:52:01 Produced by the JSE SENS Department.                  
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