MSM - Massmart Holdings - Notification Of Director`s Dealings

MSM - Massmart Holdings - Notification Of Director`s Dealings                   
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 dealings in Massmart securities                      
In compliance with rule 3.63 to 3.66 of the JSE Limited Listings Requirements,  
the following dealings in the securities of Massmart have taken place by a      
director of the company:                                                        
Director:                          GRC Hayward                                  
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Date:                              29 February 2008                             
i)   Nature of transaction         Exercise of options                          
    No:                           50,000                                        
    Price:                        R17.43                                        
ii)  Nature of transaction         Sale of shares                               
No:                           28,000                                        
    Price:                        R72.2618                                      
Total transaction value:           R2 023 330.40                                
Prior authority to transact:       Obtained                                     
Shareholding: The shares sold represent 3.72% of Mr Hayward`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 Hayward still holds 724,413 Massmart shares or options, 
with Mr Hayward retaining 22,000 shares in his own name, as a result of this    
transaction.                                                                    
4 March 2008                                                                    
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 04/03/2008 12:16:17 Supplied by www.sharenet.co.za                     
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