SPP - The Spar Group Limited - Exercise of options and sale of shares THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 ("SPAR") EXERCISE OF OPTIONS AND SALE OF SHARES In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, we hereby advise of the following dealing by an executive director of SPAR: Name of director Mr Roelf Venter Date of transaction 2 March 2011 Nature of transaction Exercise of options in terms of the rules of the SPAR Share Incentive Scheme and subsequent sale of shares. Class of security Options in respect of SPAR ordinary shares Number of options exercised and 11 000 at R13.06 per share strike price Total value of transaction R143 660.00 Number of shares sold and selling 11 000 SPAR ordinary shares at R94.23 per price share Total value of sale R1 036 530.00 Nature and extent of directors` Direct beneficial interest Clearance obtained in terms of paragraph 3.66 of the Listings Yes Requirements of the JSE Limited Exercise of options concluded off- market and sale of shares concluded on-market Pinetown 3 March 2011 Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited Date: 03/03/2011 14:06:34 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.