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

Release Date: 26/11/2004 09:36
Code(s): MSM
Wrap Text

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: C Nezar Subsidiary Company: Makro Number of securities: 37,250 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Sale Date: 25 November 2004 1. Nature of transaction: Exercise of options Price: R10.95 per option 2. Nature of transaction: Sale of shares Price: R47.50 per share Shareholding: The shares sold represent 19.34% of Mr Nezar"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 Nezar still holds 155,347 shares or options. The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 26 November 2004 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 26/11/2004 09:36:43 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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