MSM - Massmart - Executive Committee Member`s dealing in securities

MSM - Massmart - Executive Committee Member`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 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:      Aubrey Cimring                           
      Number of securities:            98,578                                   
      Class of security:               Ordinary                                 
      Nature of interest:              Direct, beneficial                       
Nature of transaction:           Exercise of options / Sale of shares     
      i)   Nature of transaction:      Exercise of options                      
           No:                         88,488                                   
           Price:                      R18.90 per option                        
ii)  Nature of transaction:      Exercise of options                      
           No:                         10,090                                   
           Price:                      R18.98 per option                        
      iii) Nature of transaction:      Sale of shares                           
Date:                       23 February 2007                         

           No:                         98,578                                   
           Price:                      R85.00                                   
           Total transaction value:    R8,379,130.00                            
Shareholding: The shares sold represent 20.03% of Mr Cimring`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 Cimring still holds 393,603 Massmart shares or options. 
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
26 February 2007                                                                
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 26/02/2007 17:35:58 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.