MSM - Massmart Holdings Limited - Notification of dealings in shares

MSM - Massmart Holdings Limited - Notification of dealings in shares            
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 Listing Requirements, the       
following dealings in the securities of Massmart Holdings Limited have taken    
place by a subsidiary director of the company:                                  
Subsidiary director:             Gerhardus Lourens                              
Subsidiary:                      Makro                                          
Number of securities:            18,923                                         
Class of security:               Ordinary                                       
Nature of interest:              Direct, beneficial                             
Nature of transaction:           Exercise of Options / Sale of shares           
Date:                            29 May 2007                                    
i)   Nature of transaction:      Exercise of options                            
    No:                         2,373                                           
    Price:                      R29.87                                          
ii)  Nature of transaction:      Exercise of options                            
No:                         2,276                                           
    Price:                      R42.97                                          
iii) Nature of transaction:      Exercise of options                            
    No:                         6,421                                           
Price:                      R18.98                                          
iv)  Nature of transaction:      Exercise of options                            
    No:                         7,853                                           
    Price:                      R13.88                                          
v)   Nature of transaction:      Sale of shares                                 
    No:                         18,923                                          
    Price:                      R91.35                                          
    Total transaction value:    R1,728,665.25                                   
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
30 May 2007                                                                     
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/05/2007 15:06:26 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.