Massmart Holdings Limited - Notification of Subsidiary Director"s dealing in

Massmart Holdings Limited - Notification of Subsidiary Director"s dealing in    
Massmart Holdings Limited securities                                            
Massmart Holdings Limited                                                       
Registration No. 1940/014066/06                                                 
JSE Code : MSM / ISIN Code ZAE 000029534                                        
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:                   I Meyer                                             
Number of securities:       100,000                                             
Class of security:          Ordinary                                            
Nature of interest:         Direct, beneficial                                  
Nature of transaction:      Sale                                                
Date:                       31st March 2004 and 1st April 2004                  
Price:                      R31.00 per share                                    
Shareholding:               The shares sold represent 16.9% Mr Meyer"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.   
2 April 2004                                                                    
JOHN HAWKSLEY                     AUBREY CIMRING                                
Share Trust Administrator         Company Secretary                             
Date: 05/04/2004 08:57:06 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department