Spur Corporation Limited - Dealings By Directors SPUR CORPORATION LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/000828/06) JSE code: SUR ISIN: ZAE000022653 (`Spur`) DEALINGS BY DIRECTORS In compliance with section 3.63 to 3.74 of the JSE Listings Requirements, Spur advises the following hedging contracts entered into by executive directors in respect of certain Spur shares held by them: NAME OF DIRECTOR: PG VAN TONDER Date of Class of Nature of No. Price Total value transaction security transaction of shares per R000 share 22.09.2004 Ordinary Put option - 150 909 R5.50 830 shares expiry 22.06.06 150 909 R7.13 1 076 Call option - expiry 22.06.06 22.09.2004 Ordinary Put option - 150 909 R5.50 830 shares expiry 22.09.06 150 909 R7.34 1 108 Call option - expiry 22.09.06 22.09.2004 Ordinary Put option - 198 182 R5.50 1 090 shares expiry 22.12.14 198 182 R7.62 1 510 Call option - expiry 22.12.14 NAME OF DIRECTOR: K ROBERTSON Date of Class of Nature of No. Price per Total value transaction security transaction of shares share R000 22.09.2004 Ordinary Put option - 103 078 R5.50 567 shares expiry 22.06.06 103 078 R7.13 735 Call option - expiry 22.06.06 22.09.2004 Ordinary Put option - 103 078 R5.50 567 shares expiry 22.09.06 103 078 R7.34 757 Call option - expiry 22.09.06 22.09.2004 Ordinary Put option - 135 368 R5.50 745 shares expiry 22.12.14 135 368 R7.62 1 032 Call option - expiry 22.12.14 NAME OF DIRECTOR: DD HYDE Date of Class of Nature of No. Price per share Total value transaction security transaction of shares R000 22.09.2004 Ordinary Put option - 90 545 R5.50 498 shares expiry 22.06.06 90 545 R7.13 646 Call option - expiry 22.06.06 22.09.2004 Ordinary Put option - 90 545 R5.50 498 shares expiry 22.09.06 90 545 R7.34 665 Call option - expiry 22.09.06 22.09.2004 Ordinary Put option - 118 909 R5.50 654 shares expiry 22.12.14 118 909 R7.62 906 Call option - expiry 22.12.14 NAME OF DIRECTOR: M FARRELLY Date of Class of Nature of No. Price per share Total value transaction security transaction of R000 shares 22.09.2004 Ordinary Put option 60 364 R5.50 332 shares - expiry 22.06.06 60 364 R7.13 430 Call option - expiry 22.06.06 22.09.2004 Ordinary Put option 60 364 R5.50 332 shares - expiry 22.09.06 60 364 R7.34 443 Call option - expiry 22.09.06 22.09.2004 Ordinary Put option 79 273 R5.50 436 shares - expiry 22.12.14 79 273 R7.62 604 Call option - expiry 22.12.14 Nature of interest in all instances: Direct beneficial. Permission to trade received in terms of paragraph 3.66 of the JSE Listings Requirements. Cape Town 23 September 2004 Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited Date: 23/09/2004 04:09:30 PM Produced by the JSE SENS Department