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MASSMART HOLDINGS LIMITED - Sales Update for the 26 weeks to 29 June 2014

Release Date: 10/07/2014 15:00
Code(s): MSM     PDF:  
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Sales Update for the 26 weeks to 29 June 2014

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

Sales Update for the 26 weeks to 29 June 2014


For the 26 weeks to 29 June 2014, Massmart’s total sales increased to R35.7
billion, representing growth of 10.2% over the prior 26-week period, with
product inflation estimated at 4.8%. Comparable store sales increased by
7.1% over the same period.

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

   *   Massdiscounters increased by 8.0% (4.0% comparable) with inflation of
       3.1%;
   *   Masswarehouse increased by 12.3% (9.4% comparable) with inflation of
       5.5%;
   *   Massbuild increased by 14.5% (8.8% comparable) with inflation of
       5.3%; and
   *   Masscash increased by 8.6% (6.8% comparable) with inflation of 5.0%.

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 29
June 2014 will be released on the Stock Exchange News Service of the JSE
Limited on 28 August 2014.

Johannesburg
10 July 2014


Sponsor: Deutsche Securities (SA) Proprietary Limited

Date: 10/07/2014 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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