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Wed 31 Aug 2011, 16:20 MSM - Massmart Holdings Limited - Notification of Directors` dealings in
MSM
MSM                                                                             
MSM - Massmart Holdings Limited - Notification of Directors` dealings in        
Massmart Holdings Limited securities                                            
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number 1940/014066/06                                              
Share code: MSM                                                                 
ISIN: ZAE000152617                                                              
("Massmart" or the "Company")                                                   
Notification of Directors` dealings in Massmart Holdings Limited securities     
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 Directors  
of subsidiary companies of Massmart:                                            
Director:                     Gert Lourens                                      
Subsidiary:                   Masswarehouse                                     
Number of securities:         12,850                                            
Class of security:            Ordinary                                          
Nature of interest:           Direct, beneficial                                
Nature of transaction:        Exercise of Options / Sale of shares              
Option Strike dates:          23 May 2006, 24 May 2007, 01 April 2008, 26 May   
2008,     27 May 2009                                                           
Date of transaction:          30 August 2011                                    
Prior authority to transact:  Obtained                                          
    i)   Nature of transaction:        Exercise of options                      
No:                           12,850                                   
         Vesting Periods:              01 April 2011, 23 May 2011, 24 May       
                                       2011,26 May 2011, 27 May 2011            
         Price:                        Weighted Average price: R76.17           
ii)  Nature of transaction:        Sale of shares                           
         No:                           12,850                                   
         Price per share:              R153.0097                                
         Total transaction value:      R 1,966,174.65                           
The transaction set out above was an on-market trade.                           
Director:                     Chris Lourens                                     
Subsidiary:                   Massbuild                                         
Number of securities:         14,176                                            
Class of security:            Ordinary                                          
Nature of interest:           Direct, beneficial                                
Nature of transaction:        Exercise of Options / Sale of shares              
Option Strike date:           23 May 2006, 24 May 2007, 24 August 2007, 01 April
2008, 15 November 2008                             
Date of transaction:          30 August 2011                                    
Prior authority to transact:  Obtained                                          
    i)   Nature of transaction:        Exercise of options                      
No:                           14,176                                   
         Vesting Periods:              15 November 2010, 01 April 2011, 23 May  
                                       2011, 24 May 2011, 24 August 2011        
         Price:                        Weighted Average price: R79.82           
ii)  Nature of transaction:        Sale of shares                           
         No:                           14,176                                   
         Price per share:              R153.95                                  
         Total transaction value:      R 2,182,395.20                           
The transaction set out above was an on-market trade.                           
31 August 2011                                                                  
Johannesburg                                                                    
Sponsor: Deutsche Securities (SA) (Proprietary) Limited                         
Date: 31/08/2011 16:20:01 Produced by the JSE SENS Department.                  
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