MASSMART - NOTIFICATION OF DIRECTOR"S DEALING IN MASSMART HOLDINGS LIMITED

MASSMART - 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: ZAE000029534)                                                            
("Massmart")                                                                    
NOTIFICATION OF DIRECTOR"S DEALING IN MASSMART HOLDINGS LIMITED SECURITIES      
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following dealings in the securities of Massmart have taken place by a director 
of the company:                                                                 
Director:                     CS Seabrooke                                      
Number of securities:         25,000                                            
Class of security:            Ordinary                                          
Nature of interest:           Indirect, non-beneficial                          
Nature of transaction:        Purchase                                          
Date:                         3 September 2004                                  
Price:                        R 36.4971 per share                               
The required clearance per section 3.66 of the Listings Requirements was        
obtained.                                                                       
3 September 2004                                                                
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 03/09/2004 04:42:15 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department