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MASSMART HOLDINGS LIMITED - Sales Update for the 44 weeks to 2 November 2014

Release Date: 11/11/2014 07:05
Code(s): MSM     PDF:  
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Sales Update for the 44 weeks to 2 November 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 44 weeks to 2 November 2014

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

* For the 44 weeks to 2 November 2014, Massmart’s total sales increased to R62.5 billion,
  representing growth of 10.4% over the prior 44-week period, and comparable store sales
  increased by 7.3%. Product inflation for the period is estimated at 4.9%.

* For the same period, Massdiscounters increased total sales by 8.9% (4.1% comparable)
  with inflation of 3.4%. Total and comparable sales growths in Game SA increased
  marginally from that reported for the 26-week period ended 29 June 2014 whilst Game
  Africa slowed slightly.

* Masswarehouse increased total sales by 11.5% (10.3% comparable) with inflation of 5.4%.
  Total sales growth slowed as the stores opened in 2013 annualised. These stores are now
  included in comparable sales.

* Massbuild increased total sales by 14.7% (8.9% comparable) with inflation of 5.9%.

* Masscash increased total sales by 8.9% (6.4% comparable) with inflation of 4.9%.
  Subsequent to the 26-week period ended 29 June 2014, sales growth in Wholesale, both
  SA and Africa, slowed slightly, whilst picking up in Retail.

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

Johannesburg
11 November 2014

Sponsor: Deutsche Securities (SA) Proprietary Limited

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