Trading statement THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 ("SPAR" or the “Company”) TRADING STATEMENT In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that, with a reasonable degree of certainty, the financial results for the current reporting period will differ by at least 20% from the financial results of the previous corresponding period. SPAR is in the process of finalising their results for the six months ended 31 March 2015 (“Results”) and shareholders are accordingly advised that the Company expects to report: - headline earnings per share to be between 20% and 25% higher (between 446.4 cents and 465.0 cents per share) than the 372.0 cents per share for the previous corresponding period; and - earnings per share to be between 20% and 25% higher (between 446.5 cents and 465.1 cents per share) compared to the 372.1 cents per share for the previous corresponding period. The above information has not been reviewed or reported on by the Company’s auditors. The Company’s Results are expected to be published on or about 20 May 2015. Pinetown 6 May 2015 Sponsor One Capital Date: 06/05/2015 01:25:00 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.