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Fri 1 Dec 2006, 13:30 Massmart Holdings Limited - Notification of Subsid
MSM
 MSM                                                                             
Massmart Holdings Limited - Notification of Subsidiary 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 Subsidiary Director"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 a Director of a subsidiary company:                                    
Director:                       Norman Kretzmer                                 
Subsidiary:                     Massbuild                                       
Number of securities:           100,000                                         
Class of security:              Ordinary                                        
Nature of interest:             Direct, beneficial                              
Nature of transaction:          Exercise of Options / Sale of shares            
Date:                           29 and 30 November 2006                         
i)   Nature of transaction:     Exercise of options                             
     Number of securities       100,000                                         
     Price:                     R30.20 per option                               
ii)  Nature of transaction:     Sale of shares                                  
Number of securities       100,000                                         
     Price:                     R66.8106                                        
     Total transaction value:   R6,681,060.00                                   
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
1 December 2006                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 01/12/2006 01:30:12 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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