Cautionary Annoucement
Shareholders are advised that RACEC has entered into negotiations with Solethu Investments (Proprietary) Limited (”Solethu”), a Black owned investment company, which if successfully concluded, may have a material effect on the price of RACEC`s securities.
Solethu has a 50% stake in RRL Grindrod (Proprietary) Limited, a company specialising in rail logistics and complementary rail services. Accordingly, shareholders are advised to exercise caution when dealing in RACEC`s securities until a further announcement is made.
20 April 2009
Designated Adviser
Merchantec (Proprietary) Limited
Date: 20/04/2009 16:41:24 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
