Massmart - Trading Update

Massmart - Trading Update                                                       
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
(Share code: MSM)                                                               
(ISIN: ZAE000029534)                                                            
("Massmart" or "the Company")                                                   
TRADING UPDATE FOR THE 26 WEEKS TO 25 DECEMBER 2005                             
Improved sales growth across all divisions from mid-November increased          
Massmart"s total sales to R15,8 billion, a growth of 15,3% on 2004.  Sales      
before acquisitions grew 7,8% and comparable store sales grew 5,2%.  With       
overall sales inflation of zero, total volume growth of 15,3% was slightly ahead
of merchandise plans.                                                           
Divisional sales growth was as follows:                                         
-    Massdiscounters (Game and Dion) grew 5,8% with deflation of 3,3%;          
-    Masswarehouse (Makro) grew 10,3% with zero inflation;                      
-    Massbuild (Builders Warehouse, Federated Timbers, Servistar and De La Rey) 
grew 186,5% with inflation of 2,4%;                                             
-    Masscash wholesale cash & carry outlets (CBW and Jumbo) grew 10,4% with    
inflation of 1.8%; and                                                          
-    Masscash buying associations (Shield and Furnex) sales (by definition, not 
included in comparable store sales) declined by 9,8%  with zero inflation,      
depressed by the previously announced decision to curtail high volume, low      
margin, high risk sales.                                                        
Massmart"s interim results to December 2005 will be published on 23rd February  
2006 reflecting headline earnings per share growth of between 20% and 30% when  
compared to the comparable period for the previous financial year.              
The above information has not been reviewed or reported on by the Company"s     
Auditors.                                                                       
10 January 2006                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 10/01/2006 02:42:32 PM Supplied by www.sharenet.co.za                     
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