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Massmart - Notification of Subsidiary Director"s dealing in Massmart securities

Release Date: 17/03/2006 12:00
Code(s): MSM
Wrap Text

Massmart - Notification of Subsidiary Director"s dealing in Massmart 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 Subsidiary Director"s dealing in Massmart securities In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following dealings in the securities of Massmart have taken place by a director of a subsidiary company: Director: Robin Wright Subsidiary Company: CBW Number of securities: 39,994 Class of security: Ordinary Nature of interest: Indirect, beneficial Nature of transaction: Sale Date: 16 March 2006 Nature of transaction: Sale of shares Price: R59.6549 per share Total transaction value: R2,385,838.07 Shareholding: The shares sold represent 3.58% of Mr Wright"s Massmart shareholding, a portion of which he originally acquired through the market. After the abovementioned sale, Mr Wright still holds 1,076,984 Massmart shares or options". The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 17 March 2006 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 17/03/2006 12:00:03 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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