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Mon 11 Apr 2005, 12:23 Trading Statement
The Spar Group Limited - Trading Statement                                      
THE SPAR GROUP LIMITED                                                          
Registration number: 1967/001572/06                                             
Share code: SPP                                                                 
ISIN Number: ZAE000058517                                                       
(`Spar` or `the Company`)                                                       
TRADING STATEMENT                                                               
Shareholders are advised that following good trading in the weeks leading up to 
the Easter week-end, both earnings per share and headline earnings per share for
the six months ended 31 March 2005 are likely to be between 20% and 30% higher  
than reported earnings and headline earnings for the corresponding period of the
prior year.                                                                     
At this stage earnings per share and headline earnings per share for the full   
year are also expected to be between 20% and 30% higher than reported earnings  
and headline earnings for 2004.                                                 
The forecast financial information on which this trading statement is based has 
not been reviewed nor reported on by the Company`s auditors.                    
11 April 2005                                                                   
Durban                                                                          
Merchant Bank and Sponsor                                                       
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
CORPORATE FINANCE
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