Acceptance of shares by directors and company secretary THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 (“SPAR”) ACCEPTANCE OF SHARES BY DIRECTORS AND COMPANY SECRETARY In compliance with paragraph 3.63 of the JSE Limited Listings Requirements, SPAR hereby advises its shareholders of the following acceptance of shares by directors and the company secretary of SPAR: Name of director: Graham O’ Connor Company to which they are a director: SPAR Nature of transaction: Allocation of shares in terms of The SPAR Conditional Share Plan (“CSP”) Date of acceptance: 9 February 2016 Class of securities: Performance shares, linked to ordinary shares in terms of the CSP vesting criteria Number of shares: 20 000 Deemed value per award: R179.21 Total deemed value: R3 584 200 Nature of interest: Direct beneficial On-market or off-market: Off-market Clearance obtained: Yes Name of director: Wayne Hook Company to which they are a director: SPAR Nature of transaction: Allocation of shares in terms of the CSP Date of acceptance: 9 February 2016 Class of securities: Performance shares, linked to ordinary shares in terms of the CSP vesting criteria Number of shares: 7 500 Deemed value per award: R179.21 Total deemed value: R1 344 075 Nature of interest: Direct beneficial On-market or off-market: Off-market Clearance obtained: Yes Name of director: Roelf Venter Company to which they are a director: SPAR Nature of transaction: Allocation of shares in terms of the CSP Date of acceptance: 9 February 2016 Class of securities: Performance shares, linked to ordinary shares in terms of the CSP vesting criteria Number of shares: 9 600 Deemed value per award: R179.21 Total deemed value: R1 720 416 Nature of interest: Direct beneficial On-market or off-market: Off-market Clearance obtained: Yes Name of director: Mark Godfrey Company to which they are a director: SPAR Nature of transaction: Allocation of shares in terms of the CSP Date of acceptance: 9 February 2016 Class of securities: Performance shares, linked to ordinary shares in terms of the CSP vesting criteria Number of shares: 11 000 Deemed value per award: R179.21 Total deemed value: R1 971 310 Nature of interest: Direct beneficial On-market or off-market: Off-market Clearance obtained: Yes Name of company secretary: Kevin O’Brien Company to which he is a company SPAR secretary: Nature of transaction: Allocation of shares in terms of the CSP Date of acceptance: 9 February 2016 Class of securities: Performance shares, linked to ordinary shares in terms of the CSP vesting criteria Number of shares: 5 100 Deemed value per award: R179.21 Total deemed value: R913 971 Nature of interest: Direct beneficial On-market or off-market: Off-market Clearance obtained: Yes Pinetown 11 February 2016 Sponsor One Capital Date: 11/02/2016 02:00:00 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.