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

Massmart - Notification of executive committee member"s dealing in Massmart     
           Holdings Limited 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 Holdings       
Limited securities                                                              
In compliance with rule 3.63 to 3.65 of the JSE Listing Requirements, the       
following dealings in the securities of Massmart Holdings Limited have taken    
place by an Executive Committee Member of the company:                          
Executive Committee Member:      S Glendinning                                  
Number of securities:            25,000                                         
Class of security:               Ordinary                                       
Nature of interest:              Direct, beneficial                             
Nature of transaction:           Sale of shares                                 
i)   Nature of transaction:      Sale of shares                                 
Date:                       22 November 2006                               
     No:                         25,000                                         
     Price:                      R65.2840                                       
     Total transaction value:    R1,632,100.00                                  
Shareholding: The shares sold represent 14.08% of 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 152,500 Massmart shares or      
options.                                                                        
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
23 November 2006                                                                
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 23/11/2006 02:29:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department