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Tue 20 Dec 2005, 16:12 JSE Limited - Modified Audit Opinion On Financial
JSE Limited - Modified Audit Opinion On Financial Statements - Rare Earth       
Extraction Company Limited                                                      
JSE Limited                                                                     
MODIFIED AUDIT OPINION ON FINANCIAL STATEMENTS                                  
RARE EARTH EXTRACTION COMPANY LIMITED                                           
ISIN: ZAE000038329  ALPHA CODE: RCO                                             
The JSE Limited wishes to advise that the audit opinion on RARECO"s annual      
financial statements for the year ended 30 June 2005 contains an emphasis of    
matter. Shareholders are advised to refer to the financial statements to        
ascertain the exact nature of the modification.                                 
Accordingly, the company"s listing on the JSESETS system will continue to be    
annotated with an "E" to indicate the emphasis of matter. The annotation will be
removed once the company produces an unmodified audit opinion.                  
This announcement has been placed by the JSE in the interest of shareholders.   
20 December 2005                                                                
Date: 20/12/2005 04:12:31 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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