SUR : Disclosure of acquisition of beneficial interests in Spur securities: Spur Corporation Limited (Incorporated in the Republic of South Africa) (Registration number: 1998/000828/06) Share Code: SUR ISIN: ZAE000022653 ("Spur" or "the Company") DISCLOSURE OF ACQUISITION OF BENEFICIAL INTERESTS IN SPUR SECURITIES In accordance with section 122(3)(b) of the Companies Act, 71 of 2008, as amended and section 3.83(b) of the JSE Limited Listings Requirements, shareholders are hereby advised that Spur has received formal notification in the prescribed form on 17 September 2019, that clients of Foord Asset Management Proprietary Limited have increased their beneficial interest in the securities of the Company, such that the total interest in the securities of the Company held has increased to 11.45% of the total issued share capital of the Company. 20 September 2019 Sponsor Sasfin Capital A member of the Sasfin Group Date: 20/09/2019 01:45:00 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.