Exercise of options and sale of shares by a director 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”) EXERCISE OF OPTIONS AND SALE OF SHARES BY A DIRECTOR 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 a director of the Company: Name of director: Mr Roelf Venter Date of transaction: 13 July 2015 Nature of transaction: Exercise of options in terms of the rules of the SPAR Share Incentive Scheme (“Exercise”) and subsequent sale of shares (“Sale”). Class of security: Options in respect of SPAR ordinary shares Number of options exercised and strike price: 50 000 at R46.22 Total value of Exercise: R2 311 000.00 Number of SPAR ordinary shares sold: 50 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R193.2151; - highest price of R195.05; and - lowest price of R191.09 Value of sale: R9 660 755.00 Transaction completed: Exercise: off-market Sale: on-market Nature of interest: Direct beneficial Clearance given in terms of paragraph 3.66: Yes Pinetown 14 July 2015 Sponsor One Capital Date: 14/07/2015 11:05:00 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.