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Tue 8 Feb 2005, 9:47 THE SPAR GROUP LIMITED - TRADING UPDATE
THE SPAR GROUP LIMITED - TRADING UPDATE                                         
The Spar Group Limited                                                          
Registration number: 1967/001572/06                                             
Share code: SPP                                                                 
ISIN Number: ZAE000058517                                                       
(`Spar`)                                                                        
TRADING UPDATE                                                                  
Turnover for the quarter ended December 2004 reflected growth at 13.6% on a like
for like basis with the comparable period of the prior financial year. With food
inflation at low levels, good real growth has been achieved. Indications are    
that inflation will continue to run at low levels for the immediate future.     
Margins have increased in line with expectations and the directors remain       
confident of continuing growth in headline earnings for financial 2005.         
8 February 2005.                                                                
Durban                                                                          
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE                                                               
Date: 08/02/2005 09:00:07 AM             
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