SPP 201411200051A
Exercise of options by a director

THE SPAR GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1967/001572/06)
JSE Code: SPP
ISIN: ZAE000058517
("SPAR")

EXERCISE OF OPTIONS BY A DIRECTOR

In compliance with paragraphs 3.63-3.66 of the JSE Limited Listings Requirements ("Listings
Requirements"), we hereby advise of the following dealing by a director of SPAR:

Name of director: Mr Mark Wayne Godfrey
Date of transaction: 18 November 2014
Nature of transaction: Exercise of options in terms of the
SPAR Share Incentive Scheme
Class of security: SPAR ordinary shares
Number of options exercised: 26 100
Exercise price: R21.04
Total value of transaction: R549 144.00
Nature and extent of interest: Direct beneficial
Clearance obtained in terms of paragraph 3.66 of the
Listings Requirements: Yes
Transaction completed: Off market

Pinetown
20 November 2014

Sponsor
One Capital

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