Dealings in securities by a director and The SPAR Group Limited Employee Share Trust (“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 A DIRECTOR AND THE SPAR GROUP LIMITED EMPLOYEE SHARE TRUST (“SHARE TRUST”) In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, SPAR shareholders are hereby advised of the following dealings in securities: Dealings by a director Name of director: Mr Graham O’Connor Nature of transaction: Purchase of shares Date of transaction: 20 November 2018 Class of security: Ordinary shares Number of ordinary shares: 20 762 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R176.2374; - highest price of R178.00; and - lowest price of R175.85 Value of transaction: R3 659 041.50 Transactions completed: On-market Nature of interest: Direct beneficial Clearance given in terms of paragraph 3.66: Yes Dealings by the Share Trust Name of entity: Share Trust Class of security: Ordinary shares Nature of transaction: Purchase of shares Transactions completed: On-market Nature of interest: Direct beneficial Clearance given in terms of paragraph 3.66: Yes Transaction 1 Date of transaction: 15 November 2018 Number of ordinary shares: 7 200 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R180.9900; - highest price of R181.00; and - lowest price of R180.94 Value of transaction: R1 303 128.00 Transaction 2 Date of transaction: 16 November 2018 Number of ordinary shares: 20 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R182.2300; - highest price of R183.50; and - lowest price of R180.99 Value of transaction: R3 644 600.00 Transaction 3 Date of transaction: 19 November 2018 Number of ordinary shares: 27 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R180.5508; - highest price of R182.00; and - lowest price of R179.69 Value of transaction: R4 874 871.60 Pinetown 21 November 2018 Sponsor One Capital Date: 21/11/2018 04:05:00 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.