Massmart Holdings Limited - Notification of Director"s dealing in Massmart

Massmart Holdings Limited - 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" 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:                          John Hudson                                  
Subsidiary Company:                Makro Southern Africa (Pty) Ltd              
Number of securities:              1,179                                        
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Nature of transaction:             Sale                                         
Date:                              14 March 2005                                
Nature of transaction:             Sale of shares                               
Price:                             R48.00 per share                             
Total transaction value:           R56,592.00                                   
Shareholding:                      The shares sold represent 0.50% of Mr        
Hudson"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 Hudson still holds   

                                   236,434 shares or options".                  
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
15 March 2005                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 15/03/2005 03:07:13 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department