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Tue 30 Sep 2008, 15:00 SPP - Spar - Closed Period Share Repurchase Programme
SPP
SPP                                                                             
SPP - Spar - Closed Period Share Repurchase Programme                           
The SPAR Group Ltd                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/001572/06)                                           
ISIN code:  ZAE000058517                                                        
Share code:  SPP                                                                
("SPAR" or "the Company")                                                       
CLOSED PERIOD SHARE REPURCHASE PROGRAMME                                        
In compliance with the JSE Listings Requirements, shareholders are advised that 
SPAR has entered into a repurchase programme to repurchase shares during its    
closed period. The closed period commences on 1 October 2008 and ends on 12     
November 2008, when SPAR`s results are scheduled to be released on SENS.        
In terms of the repurchase programme, the broker has been mandated to repurchase
1 000 000 ordinary shares in the share capital of the Company up to a maximum   
value of R50 000 000. Any repurchases will be effected within certain pre-set   
parameters within the limits of the programme and the Listings Requirements of  
the JSE Limited.                                                                
Durban                                                                          
30 September 2008                                                               
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 30/09/2008 15:00:01 Produced by the JSE SENS Department.                  
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