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Massmart - Notification of Subsidiary Director"s dealing

Release Date: 12/11/2004 16:06
Code(s): MSM
Wrap Text

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 have taken place by a director of a subsidiary company: Director: N Dunn Subsidiary Company: CBW Number of securities: 37,500 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Sale Date: 5 November 2004 1. Nature of transaction: Exercise of options Price: R13.88 per option 2. Nature of transaction: Sale of shares Price: R47.98 per share Total transaction value: R1 799 250 Shareholding: The shares sold represent 21.56% of Mr Dunn"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 Dunn still holds 136,388 shares or options. The required clearance per section 3.66 of the Listings Requirements was obtained. 12 November 2004 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 12/11/2004 04:06:02 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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