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Mon 15 Mar 2010, 11:27 MSM - Massmart Holdings - Notification of dealings in securities of Massmart by
MSM
MSM                                                                             
MSM - Massmart Holdings - Notification of dealings in securities of Massmart by 
                   a director of a major subsidiary                             
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 dealings in securities of Massmart by a director of a major     
subsidiary                                                                      
In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the      
following dealings in the securities of Massmart have taken place by a director 
of a subsidiary of the Company:                                                 
Subsidiary director:              Craig Surmon                                  
Subsidiary:                       Masscash                                      
Number of securities:             32,902                                        
Class of security:                Ordinary                                      
Nature of interest:               Direct, beneficial                            
Nature of transaction:            Exercise of options / Sale of shares          
Option Strike dates:              23 May 2005, 23 May 2006, 15                  
                                 November 2006                                  
Date:                             11 March 2010                                 
Prior authority to transact:      Obtained                                      
i)   Nature of transaction:       Exercise of options                           
    No:                          32,902                                         
    Vesting Periods:             15 Nov 2008, 15 Nov 2009, 23 May               
                                 2009                                           
Price:                       Weighted Average price: R60.80                 
ii)  Nature of transaction:       Sale of shares                                
    No                           32,902                                         
    Price:                       R107.0232                                      
Total transaction value:     R 3,521,277.33                                 
15 March 2010                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 15/03/2010 11:27:01 Produced by the JSE SENS Department.                  
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