Massmart - Notification of Subsidiary Director"s dealing in securities

     Massmart - Notification of Subsidiary Director"s dealing in 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:                John Loomes                                       
     Subsidiary:              Masstrade                                         
     Number of securities:    19,315                                            
     Class of security:       Ordinary                                          
Nature of interest:      Direct, beneficial                                
     Nature of transaction:   Exercise of options / sale of shares              
     Date :                   25 August 2006                                    
     i)   Nature of transaction:   Exercise of options                          
No:                      2,079                                        
          Price:                   R 29.87 per option                           
     ii)  Nature of transaction:   Exercise of options                          
          No:                      17,236                                       
Price:                   R 19.14 per option                           
     iii) Nature of transaction:   Sale of shares                               
          Price:                   R 52.8813                                    
          Total transaction value: R1,021,402.31                                
Shareholding : The shares sold represent 16.62% Mr Loomes" 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 Loomes still holds 96,917 Massmart shares or       
options".                                                                  
     The required clearance per section 3.66 of the JSE Listings Requirements   
     was obtained.                                                              
     29 August 2006                                                             
Johannesburg                                                               
     Sponsor to Massmart:                                                       
     Deutsche Securities (SA) (Proprietary) Limited                             
Date: 29/08/2006 03:35:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department