SPP 201503090009A
Notice of a disposal of a beneficial interest in SPAR securities

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

NOTICE OF A DISPOSAL OF A BENEFICIAL INTEREST IN SPAR SECURITIES

In accordance with Section 122 of the Companies Act, No 71 of 2008, as amended, and
paragraph 3.83(b) of the JSE Limited Listings Requirements, SPAR shareholders are
advised that the Company has received notification that the Public Investment
Corporation Limited ("PIC") has disposed of a beneficial interest in SPAR securities
("the Disposal").

Following the Disposal, PIC now holds 19,854% of the total issued ordinary share
capital of the Company.

Pinetown
9 March 2015

Sponsor
One Capital

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