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MSM - Massmart - Sales Update For The 26 Weeks To 28 December 2008

Release Date: 08/01/2009 15:55
Code(s): MSM
Wrap Text

MSM - Massmart - Sales Update For The 26 Weeks To 28 December 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 26 weeks to 28 December 2008 For the 26 weeks to 28 December 2008 Massmart Group`s total sales increased 13.2% over the prior period to R22.8 billion, with 12-month rolling inflation estimated at 9.9%. Comparable-store sales increased 11.9%. Total sales growth for each Division for the 26-week period was as follows: - Massdiscounters increased 12.9% with inflation of 1.8%; - Masswarehouse increased 14.8% with inflation of 11.9%; - Massbuild increased 1.4% with inflation of 10.6%; and - Masscash increased 17.3% with inflation of 15.9%. Massmart`s reviewed interim results for the six months ended December 2008 will be published on 26 February 2009. The above information has not been reviewed or reported on by the Company`s auditors. Johannesburg 8 January 2009 Sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 08/01/2009 15:55:25 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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