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 Listings
Requirements, the following dealings in the securities of
Massmart have taken place by a Director of a subsidiary
company of Massmart:

Subsidiary Director:          Richard Fuller
Subsidiary:                   Massdiscounters (Pty) Ltd
Number of securities:         31,565
Class of security:            Ordinary
Nature of interest:           Direct, beneficial
Nature of transaction:        Exercise of options / Sale of
                              shares
Option strike dates:          23 May 2006, 24 May 2007,
                              30 November 2007, 01 April 2008,
                              01 March 2009
 Date of sale:                30 October 2012
 Prior authority to transact: Obtained

i)    Nature of transaction:   Exercise of options
      No:                      31,565
      Vesting Periods:         24 May 2009, 24 May 2010,
                               30 November 2010, 01 March 2011,
                               01 April 2011, 23 May 2011,
                               24 May 2011, 30 November 2011,
                               01 March 2012, 01 April 2012,
                               24 May 2012
      Price:                   Weighted Average Price: R74.59
ii)   Nature of transaction:   Sale of shares
      No:                      31,565
      Price:                   R 175.00
      Total transaction value: R 5,523,875.00

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

Johannesburg
1 November 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited

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