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Thu 16 Nov 2006, 12:28 Massmart - Executive Committee Members dealing in
MSM
 MSM                                                                             
     Massmart - Executive Committee Member"s dealing in 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 Executive Committee Member"s dealing in Massmart Holdings  
     Limited securities                                                         
     In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the  
     following dealings in the securities of Massmart Holdings Limited have     
taken place by an Executive Committee Member of the company:               
     Executive Committee Member:       S Glendinning                            
     Number of securities:             75,000                                   
     Class of security:                Ordinary                                 
Nature of interest:               Direct, beneficial                       
     Nature of transaction:            Sale of shares                           
     i)    Nature of transaction:      Sale of shares                           
           Date:                       15 November 2006                         
No:                         75,000                                   
           Price:                      R63.0114                                 
           Total transaction value:    R4,725,855.00                            
     Shareholding: The shares sold represent 29.7% of Mr Glendinning"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 Glendinning still holds 177,500 Massmart shares or 
     options.                                                                   
The required clearance per section 3.66 of the JSE Listings Requirements   
     was obtained.                                                              
     16 November 2006                                                           
     Johannesburg                                                               
Sponsor to Massmart:                                                       
     Deutsche Securities (SA) (Proprietary) Limited                             
Date: 16/11/2006 12:28:06 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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