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Thu 27 May 2004, 16:58 Director"s dealing in Massmart securities
Massmart Holdings Limited -   Notification of Subsidiary Director`s dealing in  
                                Securities                                        
  Massmart Holdings Limited                                                       
  Registration No. 1940/014066/06                                                 
  JSE Code : MSM           ISIN Code ZAE000029534                                 
  Notification of Subsidiary Director`s dealing in Massmart Holdings Limited      
  securities                                                                      
  In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the       
  following dealings in the securities of Massmart Holdings Limited have taken    
  place by a director of a subsidiary company:                                    
  Director                                :    W Prinsloo                         
  Number of securities                    :    4,375                              
  Class of security                       :    Ordinary                           
  Nature of interest                      :    Direct, beneficial                 
  Nature of transaction                   :    Sale                               
  Date                                    :    27 May 2004                        
  Price                                   :    R30.00 per share                   
  Shareholding                            :    The shares sold represent 3.30% Mr 
                                               Prinsloo`s Massmart shares, or     
  options to buy shares, held in     
                                               terms of the rules of the Massmart 
                                               Holdings Limited Employee Share    
                                               Trust`.                            
  Clearance has been obtained by Share Trust Administrator / Company Secretary.   
  27 May 2004                                                                     
  Date: 27/05/2004 04:26:04 PM Produced by the JSE SENS Department                
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