SUR
SUR                                                                             
SUR - Spur Corporation Limited - Trading Statement                              
Spur Corporation Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1998/000828/06)                                            
Share code: SUR                                                                 
ISIN: ZAE000022653                                                              
("Spur Corporation" or "the company")                                           
TRADING STATEMENT                                                               
Shareholders are advised that Spur Corporation`s earnings and earnings per      
share for the year ended 30 June 2010 ("the year") are expected to be between   
20% and 25% higher than those for the year ended 30 June 2009 ("the prior       
year").  Headline earnings and headline earnings per share for the year are     
expected to be between 12% and 17% higher than those for the prior year.        
Earnings for the year benefited from a foreign exchange credit of R1.6 million  
compared to a foreign exchange loss of R1.3 million in the prior year.  In      
addition, prior year earnings were negatively impacted by impairment losses of  
R10.0 million relating to Australian subsidiaries` property, plant and          
equipment and goodwill and non-trading losses in an Australian associated       
entity of R1.5 million.  The full extent of these losses did not recur in the   
current year.  Excluding these and other once-off or abnormal items, earnings   
and earnings per share for the year are expected to be between 11% and 16%      
higher than those for the prior year.                                           
The company`s results for the year ended 30 June 2010, on which this trading    
statement is based, have not been reviewed and/or reported on by the company`s  
auditors. The year end results will be announced on SENS on 16 September 2010.  
Cape Town                                                                       
3 September 2010                                                                
Sponsor                                                                         
Sasfin Corporate Finance                                                        
A division of Sasfin Bank Limited                                               
Date: 03/09/2010 12:45:01 Produced by the JSE SENS Department.                  
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