MSM
MSM
MSM - Massmart Holdings Limited - Sales Update
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1940/014066/06
Share Code: MSM
ISIN Code: ZAE000152617
("Massmart" or the "Company")
SALES UPDATE
Included in the Massmart June 2011 annual report, to be released on Massmart`s
website and distributed to shareholders today, are the following paragraphs:
"Massmart`s total sales increased by 14.7% for the first 14 weeks to 2 October
2011, with product inflation averaging
-0.7%. Comparable sales increased by 8.0% for the same period.
"With the first quarter`s sales indicating a return to stability with growth in
all categories and Divisions, the financial year ahead looks to be solid.
Management will have to balance operating discipline with the investment in
growth and the speed of Integration. We will also have to balance the sometimes
divergent interests of different stakeholders."
The financial information on which this outlook statement is based has not been
reviewed or reported on by the Company`s external auditors.
17 October 2011
Johannesburg
Sponsor: Deutsche Securities (SA) (Proprietary) Limited
Date: 17/10/2011 14:17:00 Produced by the JSE SENS Department.
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