SUR 201403260013A
Cautionary announcement

Spur Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration number 1998/000828/06)
Share code: SUR
ISIN: ZAE 000022653
(“Spur” or “the company”)


CAUTIONARY ANNOUNCEMENT


Shareholders are advised that the company has entered into negotiations
regarding the introduction of a Black Economic Empowerment partner to the
Spur group, which if successfully concluded, may have a material effect on the
price of Spur’s securities.   Accordingly, shareholders are advised to exercise
caution when dealing in the company’s securities until a full announcement is
made.


Cape Town
26 March 2014




Sponsor
Sasfin Capital
A division of Sasfin Bank Limited

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