Acquisition of Spur securities

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

DISCLOSURE OF AQUISITION OF SECURITIES IN SPUR CORPORATION

In accordance with section 122(3)(b) of the Companies Act 71 of 2008, as
amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements,
shareholders are hereby advised that the Company has received formal
notification in the prescribed form of the following movement in the securities
of the Company:

Coronation Asset Managers Proprietary Limited, on behalf of its clients
(“Coronation”), has on 2 December 2020, acquired a beneficial interest in
Spur Corporation securities, such that the total interest in the securities of the
Company held by Coronation has increased to 25.14% (previously 23.24%) of
the total issued share capital of the Company.

Cape Town
2 December 2020

Sponsor
Sasfin Capital
a member of the Sasfin Group

Date: 02-12-2020 01:00:00
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.