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Tue 28 Feb 2006, 16:57 Massmart Holdings Limited - Notification of Subsid
MSM
 MSM                                                                             
Massmart Holdings Limited - 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:                     Jay Currie                                        
Subsidiary Company:           Massdiscounters                                   
Number of securities:         29,108                                            
Class of security:            Ordinary                                          
Nature of interest:           Direct, beneficial                                
Nature of transaction:        Sale                                              
Date:                         27 February 2006                                  
1.   Nature of transaction:   Exercise of options                               
     Number of securities:    4,108                                             
     Price:                   R18.98 per option                                 
2.   Nature of transaction:   Exercise of options                               
Number of securities:    25,000                                            
     Price:                   R12.03 per option                                 
3.   Nature of transaction:   Sale of shares                                    
     Price:                   R67.7481 per share                                
Total transaction value: R1,797,363.69                                     
Shareholding:                 The shares sold represent 18.88% 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 125,032 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 04:57:36 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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