Appointment of executive director Spur Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1998/000828/06) Share code: SUR ISIN: ZAE 000022653 (“Spur Corporation” or “the Company”) Appointment of executive director The board of directors (“the board”) has pleasure in advising shareholders that Mr Phillip Matthee (age 40), currently group finance executive, has been appointed as financial director and an executive director of Spur Corporation with effect from 1 April 2018. This follows the resignation of Ms Ronel van Dijk as financial director with effect from 31 March 2018, as announced on 27 November 2017. Phillip qualified as a Chartered Accountant (SA) in 2002 and served as group accountant at Clicks Group before joining Spur Corporation in 2007. Phillip has served as the Company’s group finance executive, reporting to the financial director, since 2008 and has been a permanent invitee to board and all board subcommittee meetings. He has a strong working relationship with the board and his knowledge and understanding of the Company’s business and its operations should ensure a smooth transition in the role. The board believes that Phillip possesses the appropriate expertise and experience to fulfil the duties of the Company’s financial director and will actively contribute to the development of the group’s strategy, ensuring the continuing success and sustainability of the Company and wishes him well in his new role. 26 January 2018 Sponsor Sasfin Capital A member of the Sasfin Group Date: 26/01/2018 10:00:00 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.