MASSMART HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR

MASSMART HOLDINGS LIMITED - DEALING IN SECURITIES BY DIRECTOR                   
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 3.63 to 3.74 of the JSE Securities Exchange SA Listings 
requirements, the following should be noted:                                    
Director               : DG Barrett                                             
Number of securities   : 72,500                                                 
Class of security      : Ordinary                                               
Nature of interest     : Direct, beneficial                                     
Nature of transaction  : Sale                                                   
Date                   : 10th September 2003                                    
Price                  : R25.50                                                 
Shareholding           : The shares sold represent 8.6% 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".                                                
Date: 11/09/2003 01:44:43 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department