MSM
Sales Update for the 52 weeks to 24 June 2012
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration Number: 1940/014066/06)
Share code: MSM
ISIN: ZAE000152617
("Massmart" or "the Company" or Massmart Group)
Sales Update for the 52 weeks to 24 June 2012
Shareholders are advised that the Massmart Group`s total sales for the 52 weeks to 24 June 2012 increased to R61.2 billion, representing growth of 15.5% over the prior 52-week period, with annual product inflation estimated at 1.8%. Comparable store sales increased by 9.6%.
Total (and comparable) sales growths for each Division for the 52-week period, and the product inflation rates, were as follows:
* Massdiscounters increased by 11.0% (4.4% comparable) with deflation of
3.3%;
* Makro increased by 20.1% (11.6%) with inflation of 1.9%;
* Massbuild increased by 13.0% (9.3%) with inflation of 1.4%; and
* Masscash increased by 16.5% (11.6%) with inflation of 6.1%. Total sales
growth has been boosted by the inclusion of Rhino from 1 March 2012.
The above information has not been reviewed and reported on by the Company`s auditors.
Massmart`s reviewed preliminary financial results for the 52 weeks to 24 June
2012 will be released on 22 August 2012.
Johannesburg
4 July 2012
Sponsor: Deutsche Securities (SA) (Proprietary) Ltd
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