Massmart Holdings Limited - Notification of direct
MSM
MSM
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 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 the company:
Director: Mr MJ Lamberti
Class of security: Ordinary
Nature of interest: Indirect/non-beneficial
Date: 14 and 15 November 2006
i) Nature of transaction: Sale of shares
Number of shares: 3,000,000
Average price: R 62.9734
Total transaction value: R188,920,200.00
Shareholding: The sale represents a portion of Mr. Lamberti"s holdings
comprising:
* 401 746 shares purchased in the open market at an average price of R31 per
share
* 2 598 254 purchased through the Massmart Holdings Limited Employee Share
Trust at an average price of R7.30 per share
These shares have been disposed of as part of a portfolio rebalancing exercise
prior to his retirement as CEO at the end of June 2007, and his appointment
thereafter as Non-Executive Chairman.
Mr Lamberti still owns 2 034 537 shares.
Clearance obtained Yes
16 November 2006
Johannesburg
Sponsor to Massmart:
Deutsche Securities (SA) (Proprietary) Limited
Date: 16/11/2006 08:19:04 AM Produced by the JSE SENS Department
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