MSM - Massmart Holdings Limited - Notification of subsidiary director`s dealing

MSM - Massmart Holdings Limited - Notification of subsidiary director`s dealing 
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 3.66 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:            3,223                                          
Class of security:               Ordinary                                       
Nature of interest:              Direct, beneficial                             
Nature of transaction:           Exercise of options / Sale of shares           
Date:                            24 May 2007                                    
i)   Nature of transaction:      Exercise of options                            
    No:                         3,223                                           
    Price:                      R13.88 per option                               
ii)  Nature of transaction:      Sale of shares                                 
No:                         3,223                                           
    Price:                      R94.50                                          
    Total transaction value:    R304,573.50                                     
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
28 May                                                                          
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/05/2007 13:00:18 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.