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Tue 28 Feb 2006, 11:43 Massmart - Notification of Subsidiary Directors de
MSM
 MSM                                                                             
Massmart - Notification of Subsidiary Director"s dealing in Massmart 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 Subsidiary Director"s dealing in Massmart securities            
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following dealings in the securities of Massmart have taken place by a director 
of a subsidiary company:                                                        
Director:                     Steven Whiley                                     
Subsidiary Company:           Massdiscounters                                   
Number of securities:         15,864                                            
Class of security:            Ordinary                                          
Nature of interest:           Direct, beneficial                                
Nature of transaction:        Sale                                              
Date:                         24 February 2006                                  
1.   Nature of transaction:   Exercise of options                               
Price:                   R18.06 per option                                 
2.   Nature of transaction:   Sale of shares                                    
     Price:                   R62.9130 per share                                
     Total transaction value: R998,051.83                                       
Shareholding:  The shares sold represent 4.09% of Mr Whiley"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 Whiley still holds 386,999 shares or options".          
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
28 February 2006                                                                
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/02/2006 11:43:08 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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