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Tue 22 Jun 2004, 11:04 RESIGNATION OF NON-EXECUTIVE DIRECTOR
MASSMART HOLDINGS LIMITED - RESIGNATION OF NON-EXECUTIVE DIRECTOR               
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
(Share code:MSM))                                                               
(ISIN: ZAE000029534)                                                            
(`Massmart`)                                                                    
RESIGNATION OF NON-EXECUTIVE DIRECTOR                                           
Mr. William Kirsh, who has been a director since 1 July 1997, has resigned from 
the Board of Massmart with effect from 30 June 2004, due to increasing          
commitments in his capacity as Chief Executive of Primedia Limited. He now has  
no remaining listed company non-executive directorships.                        
The Board and Management of Massmart would like to thank Mr. Kirsh for his      
valuable contribution and counsel over the past seven years and wish him every  
success in the future.                                                          
22 June 2004                                                                    
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 22/06/2004 10:55:02 AM                    
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