SPP : Dealings in securities by 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 3.74 of the JSE Limited Listings Requirements ("Listings Requirements"), SPAR shareholders are hereby advised of the following dealings in securities:

Name of entity: Class of security: Nature of transactions: Transactions completed: Nature of interest:

Clearance given in terms of paragraph 3.66 of the Listings Requirements:

Transaction 1

Date of transaction:

Number of ordinary shares:

Price per ordinary share:

Share Trust

Ordinary shares

Purchase of shares

On-market

Direct beneficial

Yes

20 January 2020

16 000

Various different trades with the following price information:

• volume weighted average price of R200.2574;
• highest price of R201.54; and
• lowest price of R199.64.

Value of transaction:

Transaction 2

Date of transaction: Number of ordinary shares: Price per ordinary share:

R3 204 118.40

21 January 2020

8 302

Various different trades with the following price information:

• volume weighted average price of R199.2102;
• highest price of R201.00; and
• lowest price of R198.00.

Value of transaction:	R1 653 843.08
Transaction 3
Date of transaction:	22	January 2020
Number of ordinary shares:	25	000
Price per ordinary share:	Various different trades with the following price
	information:
	- volume weighted average price of R204.9061;
	- highest price of R205.05; and

	- lowest price of R204.80.
Value of transaction:	R5 122 652.50

Pinetown

24 January 2020

Sponsor

One Capital