Sales Update for the 52 weeks to 24 June 2012

Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration Number: 1940/014066/06)                                           
Share code: MSM                                                                 
ISIN: ZAE000152617                                                              
("Massmart" or "the Company" or Massmart Group)                                                   


Sales Update for the 52 weeks to 24 June 2012                                      


Shareholders are advised that the Massmart Group`s total sales for the 52 weeks to 24 June 2012 increased to R61.2 billion, representing growth of 15.5% over the  prior 52-week period, with annual product inflation estimated at 1.8%. Comparable store sales increased by 9.6%.                                      


Total (and comparable) sales growths for each Division for the 52-week period, and the product inflation rates, were as follows: 
                              

* Massdiscounters increased by 11.0% (4.4% comparable) with deflation of        
  3.3%;  

* Makro increased by 20.1% (11.6%) with inflation of 1.9%;                      
* Massbuild increased by 13.0% (9.3%) with inflation of 1.4%; and              
* Masscash increased by 16.5% (11.6%) with inflation of 6.1%. Total sales     
  growth has been boosted by the inclusion of Rhino from 1 March 2012.                    


The above information has not been reviewed and reported on by the Company`s auditors.
                                                                       
Massmart`s reviewed preliminary financial results for the 52 weeks to 24 June   
2012 will be released on 22 August 2012.                                        


Johannesburg                                                                    
4 July 2012            

                                                         

Sponsor: Deutsche Securities (SA) (Proprietary) Ltd                             




 

 



 



Date: 04/07/2012 11:45:00 Supplied by www.sharenet.co.za                     
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