MSM - Massmart - Notification of dealings in securities of Massmart by an

MSM - Massmart - Notification of dealings in securities of Massmart by an       
Executive Committee member and director of a subsidiary of the company          
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 dealings in securities of Massmart by an Executive Committee    
Member and director of a subsidiary of the Company                              
In compliance with rule 3.63 to 3.66 of the JSE Listings Requirements, the      
following dealings in the securities of Massmart have taken place by an         
Executive Committee Member and director of a subsidiary of the Company:         
Executive Committee Member and       Jay Currie                                 
Subsidiary Director:                                                            
Subsidiary:                          Masscash                                   
No of securities                     9,530                                      
Class of security:                   Ordinary                                   
Nature of interest                   Direct, beneficial                         
Nature of transaction:               Exercise of options / Sale of              
                                    shares                                      
Option Strike date:                  26 May 2004                                
Date:                                16 March 2010                              
Prior authority to transact:         Obtained                                   
                                                                                
Nature of transaction:               Exercise of options                        
No:                                  9,530                                      
Vesting Periods:                     26 May 2007, 26 May 2008, 26 May           
                                    2009                                        
Price:                               Weighted Average price: R29.87             
Nature of transaction:               Sale of shares                             
No                                   9,530                                      
Price:                               R100.0081                                  
Total transaction value:             R 953,077.19                               
Shareholding: The shares sold represent 2.06% of Mr Currie`s Massmart           
shareholding comprising shares acquired in terms of the rules of the Massmart   
Holdings Limited Employee Share Trust.  After the abovementioned sale, Mr Currie
still holds 452,884 Massmart shares or options.                                 
18 March 2010                                                                   
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 18/03/2010 12:26:01 Supplied by www.sharenet.co.za                     
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