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 THE DISPOSAL 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 JPMorgan Chase & Co. ("JPMorgan") has disposed of a beneficial interest in SPAR securities (the "Disposal").

Following the Disposal, JPMorgan now holds 2,88% of the total issued ordinary share capital of the Company.

Pinetown

27 May 2019

Sponsor

One Capital

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The SPAR Group Limited published this content on 27 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 May 2019 08:53:02 UTC