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Massmart - Subsidiary Director"s dealing in Massmart securities

Release Date: 18/10/2006 11:25
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 a 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: Robert Barrell Subsidiary: Massdiscounters Number of securities: 32,122 Class of security: Ordinary Nature of interest: Direct, beneficial Nature of transaction: Exercise of options / sale of shares Date: 17 October 2006 Nature of transaction: Exercise of options No: 8,627 Price: R13.88 per option Nature of transaction: Exercise of options No: 4,085 Price: R29.87 per option Nature of transaction: Exercise of options No: 6,910 Price: R18.98 per option Nature of transaction: Exercise of options No: 12,500 Price: R10.95 per option Nature of transaction: Sale of shares No: 32,122 Price: R59.00 Total transaction value: R1,895,198.00 Shareholding: The shares sold represent 36.01% of Mr Barrell"s 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 Barrell still holds 57,079 Massmart shares or options".
The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 18 October 2006 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 18/10/2006 11:25:03 AM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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