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MSM - Massmart Holdings Limited - Sales update for the 52 weeks to 28 June 2009

Release Date: 08/07/2009 16:30
Code(s): MSM
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MSM - Massmart Holdings Limited - Sales update for the 52 weeks to 28 June 2009 Massmart Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1940/014066/06) Share code: MSM ISIN: ZAE000029534 ("Massmart" or "the Company" or "the Group") Sales update for the 52 weeks to 28 June 2009 The Group`s total sales for the 52-week period increased to R43.1 billion, a growth of 10.4% over the prior year`s 52-week period, with inflation estimated at 11.4%. Comparable store sales increased by 8.2%. Comparing this year`s 52-week period to last year`s reported 53-week period however, shows total sales growth of 8.4%. Divisional total sales growth for the 52-week period (comparable sales are shown in brackets) compared to the prior year`s 52-week period were as follows: - Massdiscounters increased by 10.6% (8.9%) with inflation of 6.6%; - Masswarehouse increased by 12.0% (10.0%) with inflation of 13.4%; - Massbuild increased by 0.7% (-3.7%) with inflation of 11.4%; and - Masscash increased by 13.9% (11.6%) with inflation of 14.0%. In Masscash the change to the BATSA cigarette wholesaling model reduced total sales growth in that division for the current 52-week period by approximately 4.9%. For the same reason, Group total and comparable sales growths were reduced by approximately 1.4% each. Massmart`s reviewed preliminary results for the financial year to June 2009 will be published on 27 August 2009. The above information has not been reviewed or reported on by the Company`s auditors. Johannesburg 8 July 2009 Sponsor: Deutsche Securities (SA) (Proprietary) Limited Date: 08/07/2009 16:30:04 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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