MASSMART HOLDINGS LIMITED - TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT FOR THE
2004 FINANCIAL YEAR
MASSMART HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1940/014066/06)
(Share code:MSM))
(ISIN: ZAE000029534)
(`Massmart`)
TRADING UPDATE AND CAUTIONARY ANNOUNCEMENT FOR THE 2004 FINANCIAL YEAR
For the 52 weeks to 27 June 2004, total Massmart Group sales, including
acquisitions, were approximately R23.8 billion, 16.7% ahead of the 52 weeks to
June 2003.
Before acquisitions and new stores, the Group performed in line with
expectations with comparable store sales growth of 9.9%. In addition, new
stores added sales growth of 2.0% while acquisitions contributed growth of 4.8%.
The financial information on which this trading statement is based has not been
reported on or reviewed by Massmart`s auditors and accordingly shareholders are
advised to exercise caution when trading in Massmart shares until publication of
the June 2004 financial year-end results on 26 August 2004.
Johannesburg
02 July 2004
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 02/07/2004 08:16:02 AM Produced by the JSE SENS Department
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