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:         Ann Hansen
     Subsidiary:                  Massdiscounters (Pty) Ltd
     Number of securities:        2,268
     Class of security:           Ordinary
     Nature of interest:          Direct, beneficial
     Nature of transaction:       Exercise of options/Sale of
                                  shares
     Option strike dates:         01 April 2008
     Date of sale:                05 November 2012
     Prior authority to transact: Obtained

    i)    Nature of transaction:   Exercise of options
          No:                      2,268
          Vesting Periods:         01 April 2010, 01 April
                                   2011, 01 April 2012
          Price:                   Weighted   Average  Price:
                                   R66.91
    ii)   Nature of transaction:   Sale of shares
          No:                      2,268
          Price:                   R 178.00
          Total transaction value: R 403,704.00

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

Johannesburg
6 November 2012

Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 06/11/2012 02:10:00 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.