Massmart - Notification of Director"s dealing in securities

Massmart - Notification of Director"s dealing in securities                     
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
(Share code:MSM)                                                                
(ISIN: ZAE000029534)                                                            
("Massmart" or "the company")                                                   
Notification of Director"s dealing in Massmart Holdings Limited securities      
In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the       
following dealings in the securities of Massmart have taken place by a director 
of the company :                                                                
Director :                              Chris Seabrooke                         
Number of securities :                  29,575                                  
Class of security :                     Ordinary                                
Nature of interest :                    Direct, beneficial                      
Nature of transaction :                 Exercise of options / sale of shares    
Date :                                  10 March 2005                           
     i)   Nature of transaction:        Exercise of options                     
          Price :                       R14.61 per option                       
ii)  Nature of transaction:        Sale of shares                          
          Price:                        R49.0334                                
Total transaction value:                R1,450,162.81                           
Shareholding :                          The shares sold represent 100% Mr       
Seabrooke"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 Seabrooke still holds NIL      
                                        Massmart shares or options              
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
11 March 2005                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 11/03/2005 10:55:04 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department