Massmart - Notification of Subsidiary Director"s dealing

Massmart - Notification of Subsidiary Director"s dealing                        
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:                     G Pattison                                        
Number of securities:         150,000                                           
Class of security:            Ordinary                                          
Nature of interest:           Direct, beneficial                                
Nature of transaction:        Sale                                              
Date:                         21 September 2004                                 
Price:                        R36.7160  per share                               
Shareholding:                 The shares sold represent 18.96% Mr Pattison"s    
                              Massmart shares, or options to buy shares, held in
                              terms of the rules of the Massmart Holdings       
                              Limited Employee Share Trust".                    
The required clearance per section 3.66 of the Listings Requirements was        
obtained.                                                                       
23 September 2004                                                               
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 23/09/2004 01:30:45 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department