Exercise of options and sale of shares by a director and dealings in securities by the Share Trust THE SPAR GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1967/001572/06) JSE Code: SPP ISIN: ZAE000058517 (“SPAR”) EXERCISE OF OPTIONS AND SALE OF SHARES BY A DIRECTOR AND DEALINGS IN SECURITIES BY 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: Exercise of options and sale of shares by a director Name of director: Mr Mark Godfrey Nature of transaction: Exercise of options in terms of the rules of the Share Trust (“Exercise”) and subsequent sale of shares (“Sale”) Date of Exercise and Sale: 28 September 2018 Class of security: Options in respect of SPAR ordinary shares Number of options exercised and strike price: 12 000 at R50.23 (which expire on 11 November 2018) Total value of Exercise: R602 760.00 Number of SPAR ordinary shares sold: 12 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R182.6027; - highest price of R182.78; and - lowest price of R182.66 Total value of Sale: R2 191 232.40 Transactions completed: Exercise: off-market Sale: 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 Date of transaction: 28 September 2018 Number of ordinary shares: 15 000 Price per ordinary share: Various different trades with the following price information: - volume weighted average price of R184.4610; - highest price of R186.00; and - lowest price of R183.76 Value of transaction: R2 766 915.00 Transactions completed: On-market Nature of interest: Direct beneficial Clearance given in terms of paragraph 3.66: Yes Pinetown 2 October 2018 Sponsor One Capital Date: 02/10/2018 08:00:00 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.