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Fri 22 Sep 2006, 14:29 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:                     Fred Cresswell                               
     Subsidiary:                   Jumbo Cash & Carry                           
     Number of securities:         12,500                                       
Class of security:            Ordinary                                     
     Nature of interest:           Indirect / non-beneficial                    
     Nature of transaction:        Sale of shares                               
     Date :                        21 September 2006                            
Price:                        R 55.0065                                    
     Total transaction value:      R687,581.25                                  
     Shareholding : The shares sold represent 11.76% of Mr Cresswell"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 Cresswell still holds 93,798 Massmart shares or    
                    options".                                                   
The required clearance per section 3.66 of the JSE Listings Requirements   
     was obtained.                                                              
     22 September 2006                                                          
     Johannesburg                                                               
Sponsor to Massmart:                                                       
     Deutsche Securities (SA) (Proprietary) Limited                             
Date: 22/09/2006 02:29:20 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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