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")

NOTICE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN SPAR SECURITIES

In accordance with Section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, SPAR shareholders are advised that the Company has received notification that Investec Limited ("Investec") has acquired a beneficial interest in SPAR securities (the "Acquisition").

Following the Acquisition, Investec now holds 5.0725% of the total issued ordinary share capital of the Company.

Pinetown

24 December 2019

Sponsor

One Capital

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The SPAR Group Limited published this content on 24 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 December 2019 09:35:09 UTC