Massmart - Appoints additional independent non-executive directors to its Board

Massmart - Appoints additional independent non-executive directors to its Board 
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1940/014066/06)                                           
Share Code: MSM                                                                 
ISIN Code: ZAE000029534                                                         
("Massmart" or "the Company")                                                   
Massmart appoints additional independent non-executive directors to its Board   
The Board of Massmart is pleased to announce that with effect from the 1st      
November 2006, Dr Nolulamo Nobambiswano (Lulu) Gwagwa and Mr Kuseni D Dlamini   
have been appointed to the Board as independent, non-executive directors. Dr    
Lulu Gwagwa is the Chief Operating Officer of Lereko Investments and Mr Kuseni D
Dlamini is the Executive Chairman of the Richards Bay Coal Terminal. (A brief   
profile for each of the new appointees is to be found at the end of this        
announcement).                                                                  
After these appointments, the Board will be constituted as follows:             
Independent, non-executive directors                                            
Mr Chris Seabrooke (Chairman)                                                   
Mr Dods Brand                                                                   
Mr Zitulele ("KK") Combi                                                        
Mr Kuseni Dlamini                                                               
Dr Lulu Gwagwa                                                                  
Mr James (Jim) Hodkinson                                                        
Ms Phumzile Langeni                                                             
Mr Nigel Matthews                                                               
Mr Peter Maw                                                                    
Ms Dawn Mokhobo                                                                 
Mr Michael Rubin                                                                
Executive directors                                                             
Mr Mark Lamberti (Chief Executive Officer and Deputy Chairman)                  
Mr Grant Pattison (Deputy CEO and CEO designate)                                
Mr Guy Hayward (Chief Financial Officer)                                        
Mr Stephanus Nothnagel (Chief Operating Officer)                                
Profiles of appointees                                                          
Dr Nolulamo Nobambiswano (Lulu) Gwagwa                                          
Dr Lulu Gwagwa is the Chief Operating Office of Lereko Investments. Dr Gwagwa   
has a Masters degree in Town and Regional Planning from the University of Natal,
an MSc (cum laude) from the London School of Economics and Political Science,   
and a PhD from University College, London.                                      
In 1995 Lulu was appointed as Deputy Director General in the Department of      
Public Works to establish the National Public Works Programme. Lulu completed a 
five-year term as CEO of Independent Development Trust ("IDT") in 2003, and has 
served on various government commissions, including the Commission for the      
Delineation and Demarcation of Provincial Boundaries and the Ministerial        
Advisory Committee on Local Government Transformation. She serves as a non-     
executive director on the following boards: the Airports Company of South       
Africa, FirstRand, the Development Bank of Southern Africa and Sun              
International. She was a finalist in the 2001 Nedbank Business Women of the Year
awards.                                                                         
Mr Kuseni D Dlamini                                                             
Mr Kuseni Dlamini is the Executive Chairman of the Richards Bay Coal Terminal,  
the single largest export coal terminal in the world. After graduating, cum     
laude, for his BA (Honours) Degree at Natal University in Durban, Kuseni was    
selected to be a Rhodes Scholar at Oxford University, where he read for his     
Master of Philosophy (MPhil) Degree between 1994 and 1996.                      
Kuseni previously worked in senior management roles for De Beers in South Africa
and at the Diamond Trading Company in London. Kuseni joined AngloGold Ashanti as
its Human Resources Head in 2003 and was appointed to his current position in   
2005. He is a non-executive director of the Mvelaphanda Group Ltd, Teba Ltd and 
the National Business Initiative (NBI). He is also a member of the National     
Council of the South African Institute of International Affairs (SAIIA), based  
at Wits University.                                                             
By order of the Board                                                           
Johannesburg                                                                    
2 November 2006                                                                 
Sponsor: Deutsche Securities (SA) (Proprietary) Limited                         
Date: 02/11/2006 10:54:07 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department