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Tue 15 Mar 2005, 15:12 Notification of Director"s dealing in Massmart
Massmart Holdings Limited - Notification of 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` or `the company`)                                                   
Notification of Director`s dealing in Massmart Holdings Limited securities      
In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the       
following dealings in the securities of Massmart have taken place by a director 
of the company:                                                                 
Director:                          John Hudson                                  
Subsidiary Company:                Makro Southern Africa (Pty) Ltd              
Number of securities:              1,179                                        
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Nature of transaction:             Sale                                         
Date:                              14 March 2005                                
Nature of transaction:             Sale of shares                               
Price:                             R48.00 per share                             
Total transaction value:           R56,592.00                                   
Shareholding:                      The shares sold represent 0.50% of Mr        
Hudson`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 Hudson still holds   
                                   236,434 shares or options`.                  
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
15 March 2005                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited
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