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Massmart - Notification of Subsidiary Director"s dealing

Release Date: 07/09/2005 17:35
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" or "the company") 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: Jay Currie Subsidiary Company: Massdiscounters Number of securities: 25,000 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Sale Date: 6 September 2005 1. Nature of transaction: Exercise of options Price: R10.95 per option 2. Nature of transaction: Sale of shares Price: R49.0020 per share Total transaction value: R1,225,050.00 Shareholding: The shares sold represent 13.95% of Mr Currie"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 Currie still holds 154,140 shares or options The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 7 September 2005 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 07/09/2005 05:35:06 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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