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Tue 7 Mar 2006, 12:34 Massmart Holdings Limited - Notification of Direct
MSM
 MSM                                                                             
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 Listings Requirements, the      
following dealings in the securities of Massmart Holdings Limited have taken    
place by a director of the company:                                             
Director :                    Mr MJ Lamberti                                    
Number of securities :        944,812                                           
Class of security :           Ordinary                                          
Nature of interest :          Indirect and non-beneficial                       
Nature of transaction :       Sale of shares                                    
Permission to deal :          Obtained                                          
Date :                        3 March and 6 March 2006                          
Nature of transaction:        Sale                                              
Average price :               R61.03 per share                                  
Total transaction value:      R57,661,876.36                                    
Shareholding :                Sale of a portion of Mr Lamberti"s holdings       
originally acquired by him through the market and 
                              representing 14.3% of his holdings in Massmart.   
                              The sale is part of a portfolio rebalancing over  
                              the next sixteen (16) months before his retirement
as CEO at 30 June 2007.                           
7 March 2006                                                                    
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 07/03/2006 12:34:06 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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