SUR SUR SUR - Spur - Annual report and notice of annual general meeting SPUR CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/000828/06) Share Code: SUR & ISIN: ZAE000022653 ("Spur" or "the company") ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING With regard to the audited results for the year ended 30 June 2007, shareholders of Spur Corporation Limited are advised that the annual financial statements are being posted to shareholders on 2 November 2007. These contain no significant modifications to the reviewed unaudited provisional results that were published on SENS on 6 September 2007 other than a reclassification between "Cash generated from operations" and "Cash flow from investing activities" reported in the Reviewed Condensed Consolidated Cash Flow statement for the year ended 30 June 2007. "Cash generated from operations" and "Cash flow from investing activities" were previously reported as R96.924 million and -R47.254 million respectively. These amounts have been restated to R95.527 million and -R45.857 million respectively. The change was necessary to correctly reflect the nature of the cash inflow of R1.397 million received on the disposal of certain intangible assets. The annual financial statements will also be available online on the Spur website (www.spur.co.za) from 9 November 2007. The annual financial statements were audited by Spur`s auditors, KPMG Inc. Their unqualified audit report is available for inspection at the company`s registered office, 1 Waterford Mews, Century Boulevard, Century City, Cape Town. Notice is hereby given that the annual general meeting of shareholders will take place at 11h00 on Wednesday, 5 December 2007 at the head office of the company, 2 Edison Way, Century Gate Business Park, Century City, Cape Town, to transact business as stated in the notice of the annual general meeting forming part of the annual financial statements. Shareholders are advised that the date of the annual general meeting as stated on page 73 of the annual report is incorrect and an errata letter is included with the annual report circulated to shareholders to advise shareholders of the correct date of the meeting. Cape Town 2 November 2007 Sponsor SASFIN CAPITAL A division of Sasfin Bank Limited Date: 02/11/2007 12:00:01 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.