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                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
(Share code:MSM))                                                               
(ISIN: ZAE000029534)                                                            
("Massmart")                                                                    
NOTIFICATION OF SUBSIDIARY 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 Holdings Limited have taken    
place by a director of a subsidiary company:                                    
Director:                     R Wright                                          
Number of securities:         300,000                                           
Class of security:            Ordinary                                          
Nature of interest:           Indirect, beneficial                              
Nature of transaction:        Sale                                              
Date:                         20 September 2004                                 
Price:                        R36.00 per share"                                 
The required clearance per section 3.66 of the Listings Requirements was        
obtained.                                                                       
21 September 2004                                                               
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 21/09/2004 04:51:39 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department