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Wed 28 May 2008, 13:56 MSM - Massmart Holdings - Notification Of Subsidiary Director`s Dealings In
MSM
MSM                                                                             
MSM - Massmart Holdings - Notification Of Subsidiary Director`s Dealings In     
                        Massmart Securities                                     
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
Share code: MSM                                                                 
ISIN: ZAE000029534                                                              
("Massmart" or "the Company")                                                   
Notification of subsidiary director`s dealings in Massmart securities           
In compliance with rule 3.63 to 3.66 of the JSE Limited Listings Requirements,  
the following dealings in the securities of Massmart have taken place by a      
director of a subsidiary of the Company:                                        
 Subsidiary director:          Robert Barrell                                   
 Subsidiary:                   Massdiscounters                                  
 Number of securities:         4,085                                            
Class of security:            Ordinary                                         
 Nature of interest:           Direct, beneficial                               
 Nature of transaction:        Exercise of options / Sale of shares             
 Date:                         26 May 2008                                      
i)   Nature of transaction    Exercise of options                              
      No:                      4,085                                            
      Price:                   R29.87                                           
 ii)  Nature of transaction    Sale of shares                                   
No:                      4,085                                            
      Price:                   R69.4156                                         
 Total transaction value:      R 283,562.73                                     
 Prior authority to transact:  Obtained                                         
Subsidiary director:          Robert Barrell                                   
 Subsidiary:                   Massdiscounters                                  
 Number of securities:         6,913                                            
 Class of security:            Ordinary                                         
Nature of interest:           Direct, beneficial                               
 Nature of transaction:        Exercise of options / Sale of shares             
 Date:                         27 May 2008                                      
 i)   Nature of transaction    Exercise of options                              
No:                      6,913                                            
      Price:                   R18.98                                           
 ii)  Nature of transaction    Sale of shares                                   
      No:                      6,913                                            
Price:                   R69.3859                                         
 Total transaction value:      R 479,664.73                                     
 Prior authority to transact:  Obtained                                         
28 May 2008                                                                     
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/05/2008 13:56:08 Produced by the JSE SENS Department.                  
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