Massmart Holdings Limited - Director dealings in shares

Massmart Holdings Limited - Director dealings in shares                         
Massmart Holdings Limited                                                       
Registration No. 1940/014066/06                                                 
JSE Code : MSM       ISIN Code:  ZAE000029534                                   
Notification of directors dealing in Massmart Holdings Limited securities       
In compliance with rule 3.72 to 3.75 of the JSE Listing Requirements, the       
following should be noted:                                                      
Director                      :  DG Barrett                                     
Number of securities          :  280 000                                        
Class of security             :  Ordinary                                       
Nature of interest            :  Direct, beneficial                             
Nature of transaction         :  Sale                                           
Date                          :  7th and 8th April 2003                         
Price                         :  R17.97                                         
Shareholding : The shares sold represent 24.9% of Mr Barrett"s Massmart shares, 
or options to buy shares, held in terms of the rules of the Massmart Holdings   
Limited Employee Share Trust".