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MSM - Massmart - Sales Update For The 46 Weeks To 11 May 2008

Release Date: 15/05/2008 07:00
Code(s): MSM
Wrap Text

MSM - Massmart - Sales Update For The 46 Weeks To 11 May 2008 Massmart Holdings Limited (Incorporated in the Republic of South Africa) (Registration Number: 1940/014066/05) Share code: MSM ISIN: ZAE000029534 ("Massmart" or "the Company") Sales update for the 46 weeks to 11 May 2008 Today Massmart is hosting an analysts` store visit in the Gauteng region and will be providing the following brief sales update: For the 46 weeks to 11 May 2008, the Massmart Group`s total sales increased to R34.5 billion, a growth of 12.5% over the prior period, and comparable store sales grew 10.9%. Inflation for the period is estimated at 6.8%. In line with past practice, during the week of 12 July 2008 Massmart will release a sales update for the financial year to June 2008. The above information has not been reviewed or reported on by the Company`s auditors. Johannesburg 15 May 2008 Sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 15/05/2008 07:00:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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