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Spa - Spanjaard - Dealing By Director

Release Date: 26/03/2010 09:37:01      Code(s): SPA
SPA - Spanjaard - Dealing By Director                                           
SPANJAARD LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1960/004393/06)                                            
Share code SPA & ISIN ZAE000006938                                              
("Spanjaard")                                                                   
26 March 2010                                                                   
In accordance with the requirements of paragraphs 3.63 to 3.74 of the Listings  
Requirements of the JSE Limited, the following should be noted:                 
Purchaser:                         SPANJAARD GROUP LIMITED ("SGL") (RJW         
                                  Spanjaard is a director)                      
Date/s of transaction/s:           26 March 2010                                
Price:                             300 cents per share                          
Number of securities:              1 000 000                                    
Total value:                       R3 000 000                                   
Class of security:                 Ordinary shares                              
Nature of transaction:             In terms of an agreement dated 15 October    
                                  2009, SGL undertook to acquire 2 442 850      
                                  shares in the company from Purple Capital     
Limited in two tranches at 300 cents per      
                                  share: this is the second tranche of that     
                                  commitment                                    
Nature and extent of interest:     Indirect beneficial.                         
Clearance given in terms                                                        
of paragraph 3.66                  Yes                                          
Sponsor                                                                         
Arcay Moela Sponsors (Proprietary) Limited                                      
Date: 26/03/2010 09:37:01 Supplied by www.sharenet.co.za                     
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