THE SPAR GROUP LIMITED - Exercise of options by a director

Exercise of options 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 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
Nature of transaction:                            Exercise of options in terms of the rules of the SPAR
                                                  Share Incentive Scheme (“Exercise”)
Date of Exercise:                                 18 May 2016
Class of security:                                Options in respect of SPAR ordinary shares

Details of the Exercise:                           Exercise price       Number of      Value of
                                                   per option (R)       options        Exercise (R)
                                                   50.23                50 000          2 511 500
                                                   58.10                35 000          2 033 500
                                                   66.42                38 000          2 523 960
                                                   96.46                23 200          2 237 872
                                                   99.91                11 800          1 178 938
                                                                        158 000        10 485 770
Total of Exercise:

Exercise completed:                               Off-market
Nature of interest:                               Direct beneficial
Clearance given in terms of paragraph 3.66:       Yes


Pinetown
24 May 2016

Sponsor
One Capital

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