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Massmart Holdings Limited - Notification of Subsidiary Director`s dealings
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 dealings 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 directors of subsidiary companies:
1.Director : Gert Lourens
Subsidiary Company : Makro Southern Africa (Pty) Ltd
Number of securities : 38,977
Class of security : Ordinary
Nature of interest : Direct, beneficial
Nature of transaction : Exercise of options and sale of
shares
Date : 1 March 2005
i). Nature of transaction : Exercise of options
Number of Securities : 7,852
Price : R13.88 per option
ii). Nature of transaction : Sale of shares
Number of Securities : 7,852
Price : R45.3192 per share
iii).Nature of transaction : Sale of shares
Number of Securities : 31,125
Price : R45.32 per share
Total transaction value : R1 766 431
Shareholding : The shares sold represent 28.88% of
Mr Lourens` 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
Lourens still holds 95,984 shares
or options.
2. Director: Jay Currie
Subsidiary Company: Massdiscounters (Pty) Ltd
Number of securities: 25,000
Class of security: Ordinary
Nature of interest: Direct, beneficial
Nature of transaction : Sale
Date : 1 March 2005
i). Nature of transaction : Exercise of options
Price : R12.03 per option
ii). Nature of transaction : Sale of shares
Price : R45.32 per share
Total transaction value : R1 133 000
Shareholding: The shares sold represent 16.22% of Mr
Currie`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 Currie still holds
129,140 shares or options.
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
2 March 2005
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 02/03/2005 11:16:03 AM
Produced by the JSE SENS Department
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