Massmart - Update on Moresport Acquisition

Massmart - Update on Moresport Acquisition                                      
Massmart Holdings Limited                                                       
("Massmart" or "the Company")                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration Number: 1940/014066/05)                                           
Share code: MSM                                                                 
ISIN:  ZAE000029534                                                             
Update on Moresport Acquisition                                                 
Shareholders are reminded that on 26 April 2005 Massmart announced the          
acquisition of Moresport (Proprietary) Limited ("Moresport"), which was subject 
to the approval of the Competition Authorities ("the proposed acquisition").    
On the 14 October 2005, the Competition Commission recommended to the           
Competition Tribunal that the proposed acquisition be prohibited.               
The Competition Commission and Massmart will shortly be appearing before the    
Competition Tribunal.  Following this appearance, the Competition Tribunal will 
issue its ruling on the proposed acquisition, which may or may not agree with   
the Competition Commission"s recommendation.                                    
Further announcements will be made in due course.                               
Johannesburg                                                                    
18 October 2005                                                                 
Sponsor:                                                                        
Deutsche Securities (SA) (Pty) Ltd                                              
Date: 18/10/2005 08:59:57 AM Supplied by www.sharenet.co.za                     
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