MSM - Massmart - Notification Of Director`s Dealing In Massmart Holdings

MSM - Massmart - Notification Of Director`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 Director`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 a director of the Company:                                             
Director:                        Mark Lamberti                                  
Number of securities:            1,534,537                                      
Class of security:               Ordinary                                       
Nature of interest:              Indirect / non-beneficial                      
Nature of transaction:           Sale of shares                                 
Date:                            22 & 23 May 2007                               
Price:                           R94.6546                                       
Total Transaction value:         R145,250,965.50                                
Prior authority to transact:     Obtained                                       
Consistent with previous announcements, this sale of a portion of Mr.           
Lamberti`s holdings constitutes a portfolio rebalancing, pursuant to his        
retirement as CEO on the 30th June 2007 and his appointment as Non-Executive    
Chairman on the 1st July 2007.  This sale concludes the portfolio               
rebalancing and reduces his holding in the company to 500,000 shares (none      
of which were options).                                                         
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
24 May 2007                                                                     
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 24/05/2007 12:12:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.