Spur - Director"s dealing announcement 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 confirms the following hedging contract entered into by one of its non-executive directors in respect of certain Spur shares held by him: NAME OF DIRECTOR: Dean Hyde Date of transaction: 2 December 2005 Class of security: ordinary shares Nature of transaction: Put option expiry 3 December 2007 Number of shares: 100 000 Price per share: R7.60 Total value: R760 000 Date of transaction: 2 December 2005 Class of security: ordinary shares Nature of transaction: call option expiry 2 December 2007 Number of shares: 100 000 Price per share: R9.20 Total value: R920 000 Nature of interest: Direct beneficial. Permission to trade was received in terms of paragraph 3.66 of the JSE Listings Requirements. Cape Town 5 December 2005 Sponsor: Sasfin Corporate Finance A division of Sasfin Bank Limited Date: 05/12/2005 09:32:16 AM Produced by the JSE SENS Department