MASSMART HOLDINGS LIMITED - NOTIFICATION OF SUBSIDIARY DIRECTOR`S DEALING IN
MASSMART HOLDINGS LIMITED SECURITIES
Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1940/014066/06)
(Share code:MSM))
(ISIN: ZAE000029534)
(`Massmart`)
Notification of Subsidiary 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 Holdings Limited have taken
place by a director of a subsidiary company:
Director: C Nezar
Subsidiary Company: Makro
Number of securities: 37,250
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction: Sale
Date: 25 November 2004
1. Nature of transaction: Exercise of options
Price: R10.95 per option
2. Nature of transaction: Sale of shares
Price: R47.50 per share
Shareholding: The shares sold represent 19.34% of Mr Nezar`s
Massmart shareholding comprising direct purchases
and/or shares acquired in terms of the rules of
the Massmart Holdings Limited Employee Share
Trust. After the abovementioned sale, Mr Nezar
still holds 155,347 shares or options.
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
26 November 2004
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 26/11/2004 09:36:43 AM
Produced by the JSE SENS Department
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