SPANJAARD LIMITED - Dealings in securities by a director

Dealings in securities by a director

SPANJAARD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1960/004393/06)
Share code:      SPA    ISIN code:       ZAE000006938


DEALINGS IN SECURITIES BY A DIRECTOR                    January 2015


Release date:                                           9 January 2015

Code:                                                   SPA

In accordance with the requirements of paragraphs 3.63 to 3.74 of the Listings
Requirements of the Johannesburg Stock Exchange, the following should be noted:

Director:                                               Bernard Law Montgomery

Date of transaction:                                    7 January 2015

Price:                                                  500 cents per share

Number of securities:                                   1 000

Total value:                                            R5 000

Class of security:                                      Ordinary shares

Nature of transactions:                                 Sale

Nature and extent of interest:                          Beneficial

Confirmation of trade                                   On-market

Clearance given in terms
of paragraph 3.66                                       Yes


Sponsor

Arbor Capital Sponsors Proprietary Limited

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