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Fri 20 May 2005, 15:51 Massmart - Notification of Subsidiary Director"s d
Massmart - Notification of Subsidiary Director`s dealing                        
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 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:                          S Glendinning                                
Subsidiary Company:                Massdiscounters                              
Number of securities:              10,000                                       
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Nature of transaction:             Sale                                         
Date:                              18 May 2005                                  
1.   Nature of transaction:        Exercise of options                          
     Price:                        R12.25 per person                            
2.   Nature of transaction:        Sale of shares                               
     Price:                        R42.7960 per share                           
Total transaction value:      R427,960.00                                  
     Shareholding:                 The shares sold represent 2.36% of Mr.       
                                   Glendinning`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.    
                                   Glendinning still holds 413,578 shares or    
options`.                                    
20 May 2005                                                                     
Date: 20/05/2005 03:51:10 PM                
Produced by the JSE SENS Department
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