MSM - Massmart Holdings - Notification Of Subsidiary Director`s Dealings In

MSM - Massmart Holdings - Notification Of Subsidiary Director`s Dealings In     
                             Massmart 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 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 a subsidiary of the Company:                                        
Subsidiary director:              Gerhardus Lourens                             
Subsidiary:                       Makro                                         
Number of securities:             12,554                                        
Class of security:                Ordinary                                      
Nature of interest:               Direct, beneficial                            
Nature of transaction:            Exercise of options / Sale of shares          
Date:                             28 May 2008                                   
i)   Nature of transaction        Exercise of options                           
    No:                          2,276                                          
    Price:                       R42.97                                         
ii)  Nature of transaction        Exercise of options                           
No:                          1,483                                          
    Price:                       R54.13                                         
iii) Nature of transaction        Exercise of options                           
    No:                          2,373                                          
Price:                       R29.87                                         
iv)  Nature of transaction        Exercise of options                           
    No:                          6,422                                          
    Price:                       R18.98                                         
v)   Nature of transaction        Sale of shares                                
    No:                          12,554                                         
    Price:                       R70.20                                         
Total transaction value:          R 881,290.80                                  
Prior authority to transact:      Obtained                                      
29 May 2008                                                                     
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 29/05/2008 16:04:05 Supplied by www.sharenet.co.za                     
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