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Tue 23 Mar 2010, 11:23 MSM - Massmart - Notification of dealings in securities of Massmart by a
MSM
MSM                                                                             
MSM - Massmart - 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:              Gary Hendry                                   
Subsidiary:                       Masswarehouse                                 
Number of securities:             3,489                                         
Class of security:                Ordinary                                      
Nature of interest:               Direct, beneficial                            
Nature of transaction:            Exercise of options / Sale of shares          
Option Strike date:               26 May 2004                                   
Date:                             19 March 2010                                 
Prior authority to transact:      Obtained                                      
i)   Nature of transaction:       Exercise of options                           
No:                          3,489                                          
    Vesting Periods:             26 May 2006, 26 May 2007, 26 May 2008 and      
                                 26 May 2009                                    
    Price:                       Weighted Average price: R29.87                 
ii)  Nature of transaction:       Sale of shares                                
    No:                          2,035                                          
    Price:                       R106.00                                        
    Total transaction value:     R 215,710.00                                   
After the abovementioned sale, Mr Hendry retains 1,454 shares in his own name.  
23 March 2010                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 23/03/2010 11:23:01 Produced by the JSE SENS Department.                  
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