SPUR CORPORATION LIMITED - DEALINGS BY DIRECTOR                                 
  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")                                                       
  DEALINGS BY DIRECTOR                                                            
  In compliance with section 3.63 of the Listings Requirements of the JSE, we     
  hereby advise the following dealings by a director in the company"s securities. 
  Name of director        Allen J Ambor (Executive Director)                      
  Date of transaction     19 March 2004                                           
  Sale Price              R5.00                                                   
  Number of securities    5 000 000                                               
  Total value             R25 000 000                                             
  Class of securities     Ordinary shares                                         
  Nature                  Sale                                                    
  Interest                Direct beneficial                                       
  Clearance to deal       Obtained                                                
  received in terms of                                                            
  paragraph 3.66                                                                  
  Cape Town                                                                       
  23 March 2004                                                                   
  Sponsor:                                                                        
  Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
  Date: 23/03/2004 04:20:15 PM Produced by the JSE SENS Department