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Tue 24 Nov 2009, 16:13 SPP - The Spar Group Limited - Directors` Dealings: Acceptance And Issue Of
SPP
SPP                                                                             
SPP - The Spar Group Limited - Directors` Dealings: Acceptance And Issue Of     
Options                                                                         
THE SPAR GROUP LIMITED                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/001572/06)                                           
JSE Code: SPP                                                                   
ISIN: ZAE000058517                                                              
("SPAR")                                                                        
DIRECTORS` DEALINGS: ACCEPTANCE AND ISSUE OF OPTIONS                            
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
we hereby advise of the following dealings by the directors, company secretary  
and The Spar Group Limited Employee Share Trust (2004):                         
Name of director                    Wayne Hook                                  
Date of transaction                 23 November 2009                            
Nature of transaction               Acceptance of options                       
Class of securities                 Options over ordinary shares                
Number of shares covered by options 50 000                                      
Strike price                        6 642 cents per share                       
Vesting period                      In equal thirds on the 3rd, 4th and         
5th anniversary of the allocation             
Value of transaction                -                                           
Nature and extent of directors`     Direct beneficial                           
interest                                                                        
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings      Yes                                         
Requirements of the JSE Limited                                                 
Name of director                    Rodney Coe                                  
Date of transaction                 23 November 2009                            
Nature of transaction               Acceptance of options                       
Class of securities                 Options over ordinary shares                
Number of shares covered by options 38 000                                      
Strike price                        6 642 cents per share                       
Vesting period                      In equal thirds on the 3rd, 4th and         
                                  5th anniversary of the allocation             
Value of transaction                -                                           
Nature and extent of directors`     Direct beneficial                           
interest                                                                        
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings      Yes                                         
Requirements of the JSE Limited                                                 
Name of director                    Roelf Venter                                
Date of transaction                 23 November 2009                            
Nature of transaction               Acceptance of options                       
Class of securities                 Options over ordinary shares                
Number of shares covered by options 38 000                                      
Strike price                        6 642 cents per share                       
Vesting period                      In equal thirds on the 3rd, 4th and         
5th anniversary of the allocation             
Value of transaction                -                                           
Nature and extent of directors`     Direct beneficial                           
interest                                                                        
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings      Yes                                         
Requirements of the JSE Limited                                                 
Name of Company Secretary           Kevin O`Brien                               
Date of transaction                 23 November 2009                            
Nature of transaction               Acceptance of options                       
Class of securities                 Options over ordinary shares                
Number of shares covered by options 20 000                                      
Strike price                        6 642 cents per share                       
Vesting period                      In equal thirds on the 3rd, 4th and         
                                  5th anniversary of the allocation             
Value of transaction                -                                           
Nature and extent of directors`     Direct beneficial                           
interest                                                                        
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings      Yes                                         
Requirements of the JSE Limited                                                 
Name of entity                      The Spar Group Limited Employee             
                                  Share Trust (2004)                            
Date of transaction                 23 November 2009                            
Nature of transaction               Issue of options                            
Class of securities                 Options over ordinary shares                
Number of shares covered by options 146 000                                     
Strike price                        6 642 cents per share                       
Vesting period                      In equal thirds on the 3rd, 4th and         
                                  5th anniversary of the allocation             
Value of transaction                -                                           
Clearance obtained in terms of                                                  
paragraph 3.66 of the Listings      Yes                                         
Requirements of the JSE Limited                                                 
Pinetown                                                                        
24 November 2009                                                                
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited                  
Date: 24/11/2009 16:13:01 Produced by the JSE SENS Department.                  
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