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Mon 13 Sep 2004, 17:08 Massmart - Notification of Director"s dealing
Massmart - Notification of Director`s dealing                                   
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
Share code: MSM                                                                 
ISIN: ZAE000029534                                                              
(`Massmart`)                                                                    
Notification of Director`s dealing in Massmart Holdings Limited securities      
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following dealings in the securities of Massmart have taken place by a director 
of the company:                                                                 
Director:                          CS Seabrooke                                 
Number of securities:              59,150                                       
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Nature of transaction:             Sale                                         
Date:                              10 September 2004                            
Price:                             R37.6399 per share                           
Shareholding:                      The options exercised and sold               
represents 50% of the one-off pre-           
                                   listing options granted in 2000              
                                   and 59,150 options remain                    
                                   outstanding. Mr Seabrooke`s                  
personal shareholding of 200,000             
                                   shares remains unchanged                     
The required clearance per section 3.66 of the Listings Requirements was        
obtained.                                                                       
13 September 2004                                                               
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited
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