MASSMART HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1940/014066/06)
("Massmart" or "the company")
SURRENDER OF SHARE CERTIFICATES IN EXCHANGE FOR A SHARE STATEMENT UNDER THE
SHARE TRANSFER AND REPLACEMENT ("STAR") PROGRAMME
UBS Warburg Securities (South Africa) (Pty) Limited is authorised to announce
that the directors of Massmart have considered that it is in the best interests
of the company and its shareholders to implement the STAR programme to
facilitate an orderly transition to Share Transactions Totally Electronic
("STRATE").
ALL EXISTING SHARE CERTIFICATES WILL CEASE TO BE GOOD FOR DELIVERY FOR
TRANSACTIONS ENTERED INTO ON THE JSE SECURITIES EXCHANGE SOUTH AFRICA FROM THE
CLOSE OF BUSINESS ON FRIDAY, 23 MARCH 2001. Shareholders will be required to
surrender their existing share certificates together with the surrender and
share transfer form and, if applicable, the Private Shareholder Custody Mandate
(which will appoint Mercantile Bank Limited as the Custodian of the surrendered
shares) contained in the circular posted to Massmart shareholders today.
Sandton
5 March 2001
Sponsor
UBS Warburg Securities South Africa (Pty) Ltd
A financial services group of UBS AG
(Member of the JSE Securities Exchange South Africa)
(Registration number 1995/011140/07)
Custodian
Mercantile Bank Limited
Registration number 1965/0067/06)
Transfer secretaries
Mercantile Registrars Limited
(Registration number 1987/003382/06)
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