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Wed 30 Nov 2005, 12:39 Massmart Holdings Limited - Notification of Direct
Massmart Holdings Limited - 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" 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 Listings Requirements, the      
following dealings in the securities of Massmart Holdings Limited have taken    
place by a director of the company :                                            
Director :                         Guy Hayward                                  
Number of securities :             50,000                                       
Class of security :                Ordinary                                     
Nature of interest :               Direct, beneficial                           
Nature of transaction :            Exercise of options / sale of shares         
Date :                             28 November 2005                             
Nature of transaction:             Exercise of options                          
Price :                            R10.95 per option                            
ii)  Nature of transaction:        Sale of shares                               
Price:                             R50.9990                                     
Total transaction value:           R2,549,950.00                                
Shareholding :                     The shares sold represent 5.25% Mr Hayward"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 Hayward still holds  
                                   902,524 Massmart shares or options           
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
30 November 2005                                                                
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/11/2005 12:39:28 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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