Sales Update for the 53 weeks to 29 December 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 “Group”) Sales Update for the 53 weeks to 29 December 2013 For the 53 weeks to 29 December 2013, Massmart’s total sales increased to R72.2 billion, representing total growth of 9.7% on the 52 weeks to 23 December 2012, with product inflation estimated at 2.7%. Comparing this year’s 52-week period to the 2012 52–week period shows total growth of 7.5% and comparable store sales growth of 3.8%. Total sales growth for each Division for the 53-week period (and comparable store sales growth for the 52-week period shown in brackets), and the product inflation rates were as follows: * Massdiscounters increased by 8.6% (1.0% comparable) with inflation of 0.5%; * Masswarehouse increased by 14.1% (4.0% comparable) with inflation of 2.1%; * Massbuild increased by 11.9% (8.2% comparable) with inflation of 4.1%; and * Masscash increased by 6.5% (3.8% comparable) with inflation of 4.2%. The estimated net sales lost due to closing the Group’s stores on 15 December 2013 in honour of the late President Nelson Mandela’s burial were approximately R200 million. These closures affected Group total and comparable store sales growth for the 52-week period by approximately 0.3% each. Sales in Massdiscounters were most affected by these closures, while Masscash was least affected. The above information has not been reviewed and reported on by the Company`s auditors. Johannesburg 15 January 2014 Sponsor: Deutsche Securities (SA) Proprietary Ltd Date: 15/01/2014 10:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.