SPAR : Exercise of options by a director

SPP 201605240051A
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' or the 'Company')

EXERCISE OF OPTIONS BY A DIRECTOR

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements, SPAR
shareholders are hereby advised of the following dealings in securities by a director of the Company:

Name of director: Mr Roelf Venter
Nature of transaction: Exercise of options in terms of the rules of the SPAR
Share Incentive Scheme ('Exercise')
Date of Exercise: 18 May 2016
Class of security: Options in respect of SPAR ordinary shares

Details of the Exercise: Exercise price Number of Value of
per option (R) options Exercise (R)
50.23 50 000 2 511 500
58.10 35 000 2 033 500
66.42 38 000 2 523 960
96.46 23 200 2 237 872
99.91 11 800 1 178 938
158 000 10 485 770
Total of Exercise:

Exercise completed: Off-market
Nature of interest: Direct beneficial
Clearance given in terms of paragraph 3.66: Yes

Pinetown
24 May 2016

Sponsor
One Capital

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