Dealing in securities by The SPAR Group Limited Employee Share Trust (“Share Trust”) THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 ("SPAR") DEALING IN SECURITIES BY THE SPAR GROUP LIMITED EMPLOYEE SHARE TRUST (“SHARE TRUST”) 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 the Share Trust: Name of entity: Share Trust Nature of transaction: Purchase of shares Class of security: Ordinary shares Date of transaction 1: 18 November 2014 Number of ordinary shares: 60 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R152.3351; - highest price of R152.77; and - lowest price of R151.44 Value of transaction: R9 140 106.00 Date of transaction 2: 19 November 2014 Number of ordinary shares: 175 614 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R151.3194; - highest price of R152.47; and - lowest price of R150.99. Value of transaction: R26 573 805.84 On-market or off-market: On-market Nature of interest: Direct beneficial Clearance given in terms of paragraph 3.66: Yes Pinetown 20 November 2014 Sponsor One Capital Date: 20/11/2014 03:13:00 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.