MASSMART HOLDINGS LIMITED - Notification of Directors dealing in Massmart Holdings Limited securities

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: ZAE 0000152617
(“Massmart” or “the Company”)

Notification of Director’s     dealing   in   Massmart   Holdings
Limited securities

In compliance with rule 3.63 to 3.66 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 of Massmart:

Director:                      Robin Wright
Subsidiary:                    Masscash Holdings (Pty) Ltd
Number of securities:          49,046
Class of security:             Ordinary
Nature of interest:            Indirect, beneficial
Nature of transaction:         Exercise of Options / Sale of
                               shares
Option Strike dates:           24 May 2005, 23 May 2006, 24 May
                               2007, 01 April 2008
Date of sale:                  12 October 2012
Prior authority to transact:   Obtained

(i)   Nature of transaction:  Exercise of options
      No:                     49,046
      Vesting Periods:        23 May 2007, 23 May 2008, 23 May
                              2009, 23 May 2010,
                              23 May 2011, 24 May 2009, 24 May
                              2010, 24 May 2011,
                              24 May 2012, 01 April 2010, 01
                              April 2011, 01 April 2012
     Price:                   Weighted Average price: R69.73
(ii) Nature of transaction:   Sale of shares
     No:                      49,046
     Price:                   R168.0002
     Total transaction value: R8,239,737.81

The transaction set out above was an on-market trade.

Shareholding: The shares sold represent 22.90% of Mr Wright’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 Wright still holds 165,193 Massmart shares or options.

Johannesburg
16 October 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 16/10/2012 09:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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