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Massmart - Notification of executive committee member"s dealing in Massmart

Release Date: 06/11/2006 15:40
Code(s): MSM
Wrap Text

Massmart - Notification of executive committee member"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 Executive Committee Member"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 an executive committee member of the company: Executive Committee Member: S Glendinning Number of securities: 50,000 Class of security: Ordinary Nature of interest: Direct/beneficial Nature of transaction: Sale of shares Date: 3 November 2006 i) Nature of transaction: Sale of shares Date: 2 November 2006 No: 14,047 Price: R 60.00 Total transaction value: R842,820.00 ii) Nature of transaction: Sale of shares Date: 3 November 2006 No: 35,953 Price: R 60.1239 Total transaction value: R2,161,634.58 Shareholding: The shares sold represent 16.5% Mr Glendinning"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 Glendinning still holds 252,500 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 03:40:03 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department

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