Massmart - Directors dealings

Massmart - Directors 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 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 the company:                                                                 
Director:                        Guy Hayward                                  
  Number of securities:            200,000                                      
  Class of security:               Ordinary                                     
  Nature of interest:              Direct/beneficial                            
Nature of transaction:           Exercise of options / sale of shares         
  Date:                            3 November 2006                              
  i)  Nature of transaction:       Exercise of options                          
      No:                          200,000                                      
Price:                       R 10.95 per option                           
  ii) Nature of transaction:       Sale of shares                               
      No:                          200,000                                      
      Price:                       R 60.1239                                    
Total transaction value:     R12,024,780.00                               
Shareholding: The shares sold represent 19% Mr Hayward"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 Hayward still holds 852,524 Massmart shares or options.                      
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
6 November 2006                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 06/11/2006 03:38:06 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department