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 an Executive
Committee member and a Director of a subsidiary company of
Massmart:

Director:                        Llewellyn Walters
Subsidiary:                      Massbuild (Pty) Ltd
Number of securities:            46,179
Class of security:               Ordinary
Nature of interest:              Direct, beneficial
Nature of transaction:           Exercise of options   /   Sale    of
                                 shares
Option strike dates:             27 October 2008
Date of sale:                    30 October 2012
Prior authority to transact:     Obtained

i)    Nature of transaction:     Exercise of options
      No:                        46,179
      Vesting Period:            27 October 2012
      Price:                      Weighted Average Price: R72.42
ii)   Nature of transaction:     Sale of shares
      No:                        46,179
      Price:                     R 173.8428
      Total transaction value:   R 8,027,886.66

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

Shareholding: The shares sold represent 25.09% of Mr Walters’
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 Walters still holds 137,910 Massmart
shares or options.


Johannesburg
1 November 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited

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