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 Subsidiary Director"s dealing in Massmart Holdings Limited      
securities                                                                      
In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the       
following dealings in the securities of Massmart Holdings Limited have taken    
place by a director of a subsidiary company:                                    
Director                      :    W Prinsloo                                   
Number of securities          :    4,500                                        
Class of security             :    Ordinary                                     
Nature of interest            :    Direct, beneficial                           
Nature of transaction         :    Sale                                         
Date                          :    23rd March 2004                              
Price                         :    R28.50 per share                             
Shareholding                  :    The shares sold represent 3.29% Mr Prinsloo"s
                                   Massmart shares, or options to buy shares,   
                                   held in terms of the rules of the Massmart   
Holdings Limited Employee Share Trust".      

Clearance has been obtained by Share Trust Administrator / Company Secretary.   
JOHN HAWKSLEY                                GUY HAYWARD                        
Share Trust Administrator                    C.F.O.                             
Date: 24/03/2004 01:50:01 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department