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Mon 30 Mar 2009, 15:20 MSM - Massmart - Notification Of Executive Committee Member`s Dealings In
MSM
MSM                                                                             
MSM - Massmart - Notification Of Executive Committee Member`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 Executive Committee Member`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 an     
Executive Committee Member of the Company:                                      
Executive Committee Member:        Jay Currie                                   
Number of securities:              8,218                                        
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Nature of transaction:             Exercise of options / Sale of shares         
Option strike date:                27 May 2003                                  
Date of transaction:               27 March 2009                                
Prior authority to transact:       Obtained                                     
i)   Nature of transaction:        Exercise of options                          
    No:                           8,218                                         
    Vesting periods:              4,108 on 27 May 2007 & 4,110 on 27 May        
2008                                          
    Price:                        Weighted Average price: R18.98                
    Total value of share options                                                
    exercised                     R155 977.64                                   
ii)  Nature of transaction:        Sale of shares                               
    No:                           8,218                                         
    Price:                        R70.00                                        
    Total value of shares sold:   R575,260.00                                   
Shareholding: The shares sold represent 2.98% of Mr Currie`s Massmart           
shareholding comprising direct purchases and/or shares acquired in terms of the 
rules of the Massmart Holdings Limited Employee Share Trust.  After the         
abovementioned sale, Mr Currie still holds 267,932 Massmart shares or options.  
30 March 2009                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/03/2009 15:20:00 Produced by the JSE SENS Department.                  
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