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Mon 2 Jul 2012, 4:50 DEALINGS IN SECURITIES BY A DIRECTOR OF A SUBSIDIARY
RAC
DEALINGS IN SECURITIES BY A DIRECTOR OF A SUBSIDIARY

RACEC GROUP LIMITED
                            Incorporated in the Republic of South Africa
                              (Registration number 1998/006153/06)
                            Share code: RAC ISIN: ZAE000105409


        DEALINGS IN SECURITIES BY A DIRECTOR OF A SUBSIDIARY


In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE
Limited, the following is disclosed:

 Name of Director:                Mr Douglas Morris
 Company:                         RACEC Proprietary Limited
 Class of securities:             Ordinary shares
 Nature of the transaction:       Purchase of shares on market
 Extent of directora??s interest:   Direct beneficial
 Date of transaction:             2 July 2012
 Price per security:              R0.43                     R0.44
 Number of securities:            49 833                    69 000
 Total value:                     R21 428.19                R30 360.00
 Clearance to deal obtained:      Yes                       Yes


Cape Town
2 July 2012

Designated Adviser
Merchantec Capital
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