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MASSMART HOLDINGS LIMITED - Sales Update for the 26 weeks to 23 June 2013

Release Date: 09/07/2013 14:24
Code(s): MSM     PDF:  
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Sales Update for the 26 weeks to 23 June 2013

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 26 weeks to 23 June 2013

Shareholders are advised that the Massmart Group`s total sales for the 26
weeks to 23 June 2013 increased to R32.3 billion, representing growth of 8.9%
over the prior comparable 26-week period, with annual product inflation
estimated at 2.9%. Comparable store sales increased by 5.5%.

Total (and comparable) sales growths for each Division for the 26-week
period, and the product inflation rates, were as follows:

* Massdiscounters increased by 9.0% (3.7% comparable) with inflation of
  0.5%;
* Masswarehouse increased by 13.6% (6.9% comparable) with inflation of 2.6%;
* Massbuild increased by 9.0% (9.0% comparable) with inflation of 3.1%; and
* Masscash increased by 5.5% (4.2% comparable) with inflation of 4.6%.

The above information has not been reviewed and reported on by the Company`s
auditors.

Massmart`s reviewed preliminary financial results for the 26 weeks to 23 June
2013 will be released on 22 August 2013.

Johannesburg
9 July 2013

Sponsor: Deutsche Securities (SA) Proprietary Ltd

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