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

Release Date: 02/03/2007 12:44
Code(s): MSM
Wrap Text

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 Holdings Limited securities In compliance with rule 3.63 to 3.66 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: Jay Currie Number of securities: 25,000 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: 25,000 Price: R12.03 ii) Nature of transaction: Sale of shares No: 25,000 Price: R84.82 Total transaction value: R2,120,525.00 Shareholding: The shares sold represent 23.88% of Mr Currie`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 Currie still holds 79,687 Massmart shares or options. The required clearance per section 3.66 of the JSE Listings Requirements was obtained. 2 March 2007 Johannesburg Sponsor to Massmart: Deutsche Securities (SA) (Proprietary) Limited Date: 02/03/2007 12:44:57 Supplied by www.sharenet.co.za Produced by the JSE SENS Department.

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