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MASSMART HOLDINGS LIMITED - Sales Update for the 46 weeks to 10 November 2013

Release Date: 14/11/2013 07:05
Code(s): MSM     PDF:  
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Sales Update for the 46 weeks to 10 November 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 46 weeks to 10 November 2013

Today Massmart is hosting an analysts` store visit in the greater
Johannesburg region and is providing the following brief sales update:

For the 46 weeks to 10 November 2013, Massmart’s total sales increased to
R59.7 billion, representing growth of 8.3% over the prior comparable 46-week
period, and comparable store sales increased by 4.3%. Product inflation for
the period is estimated at 2.9%.

Total (and comparable) sales growths for each Division for the 46-week
period, and the product inflation rates, were as follows:

*   Massdiscounters increased by 7.9% (2.5% comparable) with inflation of 0.5%;
*   Masswarehouse increased by 14.0% (4.8% comparable) with inflation of 2.3%;
*   Massbuild increased by 9.9% (8.5% comparable) with inflation of 4.1%; and
*   Masscash increased by 4.1% (3.5% comparable) with inflation of 4.5%.

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

Johannesburg
14 November 2013

Sponsor: Deutsche Securities (SA) Proprietary Ltd

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