Results of general meeting SPUR CORPORATION LIMITED (Incorporated in the Republic of South Africa Registration number 1998/000828/06 Share code: SUR ISIN: ZAE 000022653 (“Spur” or “the company”) RESULTS OF GENERAL MEETING 1. Spur shareholders (“Shareholders”) are referred to the circular and notice of general meeting, dated 4 September 2014, relating to, inter alia, the indirect acquisition by Grand Parade Investments Limited of a 10% interest in Spur (“the transaction”). Shareholders are advised that at the general meeting held today, 3 October 2014, the following resolutions were duly approved by the requisite majority of shareholders present and voting, as follows: Resolution Number of % of % of % of votes % of votes shares shares shares carried for against voted in voted in abstained2 the the person or by person or resolution3 resolution3 proxy by proxy1 Ordinary Business 1 Specific authority to allot and 53 890 694 62.9 1.0 98.4 0 issue 10 848 093 new Spur ordinary shares (“Spur shares”) to GPI Spur Proprietary Limited (“BEECo”) 2 Specific authority to transfer 53 890 694 62.9 1.0 98.4 0 500 000 Spur shares to Spur Foundation Trust in five tranches of 100 000 Spur shares per annum 3 Authority to directors and 53 890 694 62.9 1.0 98.4 0 company secretary to do all things and to sign all documents necessary to give effect to special resolutions number 1 and 2 and ordinary resolutions number 1 and 2 Special Business 1 Approval of financial 53 890 694 62.9 1.0 98.4 0 assistance to BEECo by Spur and Spur Group 2 Approval of potential 53 890 694 62.9 1.0 98.4 0 repurchase of a maximum of 10 848 093 Spur shares from BEECo 1 Calculated as the number of shares voted (in favour, against or abstained) in person or by proxy expressed as a percentage of the total shares in issue eligible to vote (calculated as the total 97 632 833 shares in issue less 11 999 826 non-voting shares (treasury shares and shares owned by consolidated structured entity)). 2 Calculated as the number of shares abstained in person or by proxy expressed as a percentage of the total shares in issue eligible to vote (calculated as the total 97 632 833 shares in issue less 11 999 826 non-voting shares (treasury shares and shares owned by consolidated structured entity)). 3 Calculated as the number of shares voted (in favour or against, as indicated) in person or by proxy expressed as a percentage of the aggregate number of shares voted in person or by proxy. The special resolutions, where appropriate, will be filed with the Companies and Intellectual Property Commission. The transaction remains conditional upon a number of procedural and administrative requirements. Shareholders will be advised when all conditions have been fulfilled and the transaction is implemented. Cape Town 3 October 2014 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 03/10/2014 11:55:00 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.