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Thu 25 Mar 2010, 10:53 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                                Roelf Venter                    
Date of transaction                             23 March 2010                   
Nature of transaction                           Exercise of options and         
                                              subsequent sale of shares.        
Class of securities                             Options in respect of           
ordinary shares                   
Number of options exercised                     5 000                           
Option strike price                             9.94020 cents per share         
Value of transaction                            R49 701                         
Vesting date                                    On exercise of the options      
Number of shares sold                           5 000                           
Selling price                                   R 77.45                         
Value of sale                                   R387 250                        
Nature and extent of directors` interest        Direct beneficial               
Clearance obtained in terms of paragraph 3.66                                   
of the Listings Requirements of the JSE Limited Yes                             
Pinetown                                                                        
24 March 2010                                                                   
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited                  
Date: 25/03/2010 10:53:01 Produced by the JSE SENS Department.                  
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