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Mon 29 Jan 2007, 9:52 SPA - Spanjaard Limited - Dealing in securities by
SPA
 SPA                                                                             
SPA - Spanjaard Limited - Dealing in securities by a director                   
Spanjaard Limited                                                               
(Incorporated in the Republic of South Africa)                                  
Registration number 1960/004393/06                                              
Share Code: SPA   ISIN: ZAE000006938                                            
Dealing in securities by a director                                             
In compliance with paragraph 3.63 to 3.74 of the Listing Requirements of the JSE
Limited, following information is disclosed:                                    
Director:                     A.R.J. Spanjaard                                  
Date of transaction:          26 January 2007                                   
Price per share:              R 2,20                                            
Number of shares:             20 000                                            
Total value:                  R 44 000                                          
Class of securities:          Ordinary shares                                   
Nature of transaction:        Purchase                                          
Extent of interest:           Direct, beneficial                                
Confirmation of clearance:    Clearance to deal was granted                     
Director:                     B.L. Montgomery                                   
Date of transaction:          26 January 2007                                   
Price per share:              R 2,20                                            
Number of shares:             25 000                                            
Total value:                  R 55 000                                          
Class of securities:          Ordinary shares                                   
Nature of transaction:        Purchase                                          
Extent of interest:           Direct, beneficial                                
Confirmation of clearance:    Clearance to deal was granted                     
Johannesburg                                                                    
29 January 2007                                                                 
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 29/01/2007 09:52:45 Produced by the JSE SENS Department.
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