MSM - Massmart - Notification Of Executive Committee Member`s Dealings In

MSM - Massmart - Notification Of Executive Committee Member`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 Executive Committee Member`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 an     
Executive Committee Member of the Company:                                      
Executive Committee Member:     Llewellyn Steeneveldt                           
Number of securities:           28,670                                          
Class of security:              Ordinary                                        
Nature of interest:             Direct, beneficial                              
Nature of transaction:          Exercise of options / Sale of shares            
Option strike dates:            01 April 2004, 23 May 2005, 23 May 2006, 31     
                               May 2005, 25 August 2006, 23 February 2007       
Date:                           26 October 2009                                 
Prior authority to transact:    Obtained                                        
i)   Nature of transaction:     Exercise of options                             
    No:                        28,670                                           
Vesting periods:           01 April 2008, 23 May 2008, 31 May 2008, 25      
                               August 2008, 23 February 2009, 01 April          
                               2009, 23 May 2009, 31 May 2009, 25 August        
                               2009                                             
Price:                     Weighted Average price: R47.96                   
ii)  Nature of transaction:     Sale of shares                                  
    No:                        28,670                                           
    Price:                     R92.0481                                         
Total transaction value:   R 2,639,019.03                                   
Shareholding: The shares sold represent 27.09% of Mr Steeneveldt`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 Steeneveldt still holds 77,176 Massmart shares or       
options.                                                                        
28 October 2009                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 28/10/2009 15:46:29 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.