MSM - Massmart Holdings Limited - Subsidiary Director`s dealing in securities

MSM - Massmart Holdings Limited - 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 Listings Requirements, the      
following dealings in the securities of Massmart Holdings Limited have taken    
place by a subsidiary director of the company:                                  
Subsidiary director:              Fred Cresswell                                
Subsidiary:                       Masscash                                      
Number of securities:             28,031                                        
Class of security:                Ordinary                                      
Nature of interest:               Direct, beneficial                            
Nature of transaction:            Exercise of options / Sale of shares          
Date:                             1 March 2007                                  
i)    Nature of transaction:      Exercise of options                           
     No:                         12,831                                         
     Price:                      R17.30 per option                              
ii)   Nature of transaction:      Exercise of options                           
No:                         15,200                                         
     Price:                      R27.63 per option                              
iii)  Nature of transaction:      Sale of shares                                
     No:                         28,031                                         
Price:                      R84.84                                         
     Total transaction value:    R2,378,287.39                                  
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: 02/03/2007 12:42:56 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.