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Tue 28 Jul 2009, 13:13 SPP - The Spar Group Limited - Exercise of options and sale of shares
SPP
SPP                                                                             
SPP - The Spar Group Limited - Exercise of options and sale of shares           
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                                          
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
we hereby advise of the following directors dealing:                            
Name of director                            Wayne Hook                          
Date of transaction                         28th July 2009                      
Nature of transaction                       Exercise of options and subsequent  
                                           sale of shares.                      
Class of securities                         Options in respect of ordinary      
shares                               
Number of options exercised                 8 400                               
Option strike price                         10.80873 cents per share            
Value of transaction                        R90793.33                           
Vesting date                                On exercise of the options          
Number of shares sold                       8 400                               
Selling price                               R 59.88                             
Value of sale                               R502 992.00                         
Nature and extent of directors` interest    Direct beneficial                   
Clearance obtained in terms of paragraph                                        
3.66 of the Listings Requirements of the    Yes                                 
JSE Limited                                                                     
Pinetown                                                                        
28th JULY 2009                                                                  
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited                  
Date: 28/07/2009 13:13:01 Produced by the JSE SENS Department.                  
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