“We strive to build long term relationships with our clients by providing quality products and services which are cost effective.”


 

Renewal Of Cautionary Annmoucement

 

Further to the cautionary announcement dated 10 April 2008, shareholders are advised
that negotiations are still in progress with Greenbro, a business that manufactures a range
of generators as well as other electrical components, which if successfully concluded may
have a material effect on the price of RACEC`s  securities. Accordingly, shareholders are
advised to continue exercising caution when dealing in the company`s securities until a
full announcement is made in  this regard.  

22 May 2008                                                          

Designated Adviser                                                             

Merchant Sponsors (Proprietary) Limited                                        

Date: 22/05/2008 15:17:01 Produced by the JSE SENS Department.                 

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