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

Notification of Directors’ dealings 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 Directors’    dealings   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 and an Executive Director of
Massmart:

     Director:                    Jan Potgieter
     Subsidiary:                  Massdiscounters (Pty) Ltd
     Number of securities:        34,229
     Class of security:           Ordinary
     Nature of interest:          Direct, beneficial
     Nature of transaction:       Exercise of options / Sale
                                  of shares
     Option strike dates:         31 May 2005, 23 February
                                  2007
     Date of sale:                06 November 2012
     Prior authority to transact: Obtained

    i)    Nature of transaction:   Exercise of options
          No:                      34,229
          Vesting Period:          23 February 2009, 31 May
                                   2009, 23 February 2010
          Price:                   Weighted   Average    Price:
                                   R59.96
    ii)   Nature of transaction:   Sale of shares
          No:                      34,229
          Price:                   R 179.60
          Total transaction value: R 6,147,528.40

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

Shareholding:   The  shares  sold   represent  10.16%   of  Mr
Potgieter’s Massmart shareholding comprising direct purchases
and/or shares and share options acquired in terms of the rules
of the Massmart Holdings Limited Employee Share Trust. After
the abovementioned sale, Mr Potgieter still holds 302,753
Massmart shares or options.

     Director:                      Grant Pattison
     Company:                       Massmart Holdings Ltd
     Number of securities:          49,000
     Class of security:             Ordinary
     Nature of interest:            Direct, beneficial
     Nature of transaction:         Exercise of options / Sale
                                    of shares
     Option strike dates:           01 April 2005
     Date of sale:                  07 November 2012
     Prior authority to transact:   Obtained

     i)  Nature of transaction:     Exercise of options
         No:                        49,000
         Vesting Period:            01 April 2010
         Price:                     Weighted Average
         Price:                     R41.91
     ii) Nature of transaction:     Sale of shares
         No:                        49,000
         Price:                     R 174.8528
         Total transaction value:   R 8,567,787.20

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

Shareholding: The shares sold represent 5.16% of Mr Pattison’s
Massmart shareholding comprising direct purchases and/or
shares and share options acquired in terms of the rules of the
Massmart Holdings Limited Employee Share Trust. After the
abovementioned sale, Mr Pattison still holds 902,076 Massmart
shares or options.

Johannesburg
8 November 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 08/11/2012 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.