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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 JSE Limited Listing            
Requirements, the following information is disclosed:                           
Director:                     G.F. CORT                                         
Date of transaction:          7 February 2007                                   
Price per share:              R 2,20                                            
Number of shares:             5 000                                             
Total value:                  R 11 000                                          
Class of securities:          Ordinary shares                                   
Nature of transaction:        Purchase                                          
Extent of interest:           Direct, beneficial                                
Confirmation of clearance:    Clearance to deal was granted                     
Johannesburg                                                                    
08 February 2007                                                                
Sponsor                                                                         
Arcay Moela Sponsors (Pty) Ltd                                                  
Date: 08/02/2007 14:47:04 Produced by the JSE SENS Department.

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