Massmart - Notification of Subsidiary Director"s dealing in securities

Massmart - Notification of Subsidiary Director"s dealing in 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 Subsidiary Director"s dealing in Massmart Holdings Limited      
securities                                                                      
In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the       
following dealings in the securities of Massmart Holdings Limited have taken    
place by a director of the company:                                             
Director:                        M Jordan                                       
Subsidiary:                      Masswarehouse                                  
Number of securities:            169,831                                        
Class of security:               Ordinary                                       
Nature of interest:              Direct,beneficial                              
Nature of transaction:           Exercise of Options / Sale of shares           
Date:                            9 November 2006                                
i)   Nature of transaction:      Exercise of options                            
     No:                         72,331                                         
     Price:                      R 12.37 per option                             
ii)  Nature of transaction:      Exercise of options                            
No:                         97,500                                         
     Price:                      R 14.61 per option                             
iii) Nature of transaction:      Sale of shares                                 
     No:                         169,831                                        
Price:                      R 62.1049                                      
     Total transaction value:    R 10,523,163.68                                
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
10 November 2006                                                                
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 10/11/2006 03:21:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department