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 Holdings Limited have taken    
place by a director of the company:                                             
Director                      : D Barrett                                       
Number of securities          : 72,500                                          
Class of security             : Ordinary                                        
Nature of interest            : Direct, beneficial                              
Nature of transaction         : Sale of shares                                  
Date                          : 28 October 2004                                 
Price                         : R 42.7432  per share                            
Shareholding                  : The shares sold represent 15.5% Mr Barrett"s    
                                Massmart shareholding comprising direct         
                                purchases and/or shares acquired in terms of the
                                rules of the Massmart Holdings Limited Employee 
Share Trust.  After the abovementioned sale, Mr 

                                Barrett still holds 395,000 Massmart shares or  
                                options                                         
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
29 October 2004                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 29/10/2004 02:39:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department