SUR SUR SUR - Spur Corporation - Appointment of non-executive director Spur Corporation Limited (Incorporated in the Republic of South Africa) (Registration number 1998/000828/06) Share code: SUR ISIN: ZAE 000022653 ("Spur Corporation") APPOINTMENT OF NON-EXECUTIVE DIRECTOR Mntungwa Morojele has been appointed as an independent non-executive director of Spur Corporation with effect from 1 June 2010. A chartered accountant by profession, Mr Morojele is a founder and director of Motebong Tourism Investment Holdings. He was previously managing director of Lesedi Travel, a Tourvest subsidiary. He currently serves as a non-executive director of listed IT company, UCS Group, and is chairman of their audit committee. Mr Morojele holds a B Sc (University of Charleston, West Virginia), an M Sc (Georgetown University, Washington DC) and an MBA from the University of Cape Town. He qualified as a chartered accountant with the Lesotho Institute of Accountants in 1993. Spur Corporation chairman Allen Ambor said: "Mntungwa has extensive experience across a diverse range of business sectors and this, together with his accounting background, will enable him to add new thinking to our board. His appointment also enhances the independent non-executive director component of our board." Cape Town 1 June 2010 Sponsor Sasfin Capital A division of Sasfin Bank Limited Date: 01/06/2010 12:00:02 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.