SPP 201501260002A
Notice of an acquisition 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 AN ACQUISITION 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 Public Investment Corporation
Limited ("PIC") has acquired a beneficial interest in SPAR securities ("the Acquisition").

Following the Acquisition, PIC now hold 20,002% of the total issued ordinary share
capital of the Company.

Pinetown
26 January 2015

Sponsor
One Capital

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