MSM - Massmart Holdings Limited - Notification of Executive Committee Member`s

MSM - Massmart Holdings Limited - Notification of Executive Committee Member`s  
dealing in Massmart Holdings Limited 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 dealing in Massmart Holdings       
Limited securities                                                              
In compliance with rule 3.63 to 3.66 of the JSE Listing Requirements, the       
following dealings in the securities of Massmart Holdings Limited have taken    
place by an Executive Committee Member of the Company:                          
Executive Committee Member:        Brian Leroni                                 
Number of securities:              17,710                                       
Class of security:                 Ordinary                                     
Nature of interest:                Direct, beneficial                           
Nature of transaction:             Exercise of Options / Sale of shares         
Option Strike date:                01 September 2004                            
Date:                              31 August 2010                               
Prior authority to transact:       Obtained                                     
    i)   Nature of transaction:   Exercise of options                           
         No:                      17,710                                        
Vesting Period:          01 September 2008, 01 September 2009          
         Price:                   Weighted Average price: R35.31                
    ii)  Nature of transaction:   Sale of shares                                
         No                       17,710                                        
Price:                   R121.9325                                     
         Total transaction value: R 2,159,424.58                                
The transaction set out above was an on-market trade                            
Shareholding: The shares sold represent 7.60% of Mr Leroni`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 Leroni still holds 215,253 Massmart shares or options.  
31 August 2010                                                                  
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 31/08/2010 14:03:01 Supplied by www.sharenet.co.za                     
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