MSM - Massmart - Notification of subsidiary Director`s dealing in securities

MSM - Massmart - Notification of 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 3.66 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:            Chris Nezar                                     
Subsidiary:                     Makro                                           
Number of securities:           26,575                                          
Class of security:              Ordinary                                        
Nature of interest:             Direct, beneficial                              
Nature of transaction:          Exercise of Options / Sale of shares            
Date:                           31 May 2007                                     
i)    Nature of transaction:    Exercise of options                             
     No:                       18,897                                           
     Price:                    R18.98                                           
ii)   Nature of transaction:    Exercise of options                             
No:                       7,678                                            
     Price:                    R13.88                                           
iii)  Nature of transaction:    Sale of shares                                  
     No:                       26,575                                           
Price:                    R92.77                                           
     Total transaction value:  R2,465,277.71                                    
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
1 June 2007                                                                     
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 01/06/2007 16:18:13 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.