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Massmart - Subsidiary Director"s dealing in Massmart securities

Release Date: 23/03/2006 14:08
Code(s): MSM
Wrap Text

Massmart - 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: Gareth Owens Subsidiary Company: Builders Warehouse Number of securities: 245,645 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Sale Date: 22 March 2006 1. Nature of transaction: Sale of shares Price: R60.0004 per share Total transaction value: R14,738,798.25 Shareholding: The shares sold represent 30,49% of Mr Owens" 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 Owens still holds 560,064 shares or options
The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 23 March 2006 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 23/03/2006 02:08:30 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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