Dealings in securities by the SPAR Group Limited Employee Share Trust THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 (“SPAR”) DEALINGS 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: Name of entity: Share Trust Nature of transactions: Purchase of shares Class of security: Ordinary shares On-market or off-market: On-market Nature of interest: Direct beneficial Clearance given in terms of paragraph 3.66: Yes Transaction 1 Date of transaction: 25 January 2017 Number of ordinary shares: 17 218 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R198.2398; - highest price of R198.27; and - lowest price of R197.51 Value of transaction: R3 413 292.88 Transaction 2 Date of transaction: 27 January 2017 Number of ordinary shares: 36 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R195.2357; - highest price of R195.24; and - lowest price of R195.00 Value of transaction: R7 028 485.20 Pinetown 31 January 2017 Sponsor One Capital Date: 31/01/2017 04:30:00 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.