Massmart - Director"s Dealings

Massmart - Director"s Dealings                                                  
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:                  Alison Lambert                                       
Subsidiary:                Massbuild                                            
Number of securities:      50,000                                               
Class of security:         Ordinary                                             
Nature of transaction:     Sale of shares                                       
Price:                     R59.3770                                             
Total transaction value:   R2,968,850.00                                        
Date:                      1 November 2006                                      
Nature of interest:        Direct, beneficial                                   
Shareholding: the shares sold represent 29.48% of Ms Lambert"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, Ms Lambert still holds 119,600 Massmart shares or          
options.                                                                        
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
2 November 2006                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 02/11/2006 03:58:48 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department