Sales Update for the 45 weeks to 8 November 2015 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 45 weeks to 8 November 2015 Today Massmart is hosting analysts` store visits in the greater Johannesburg region and is providing the following sales update: For the 45 weeks to 8 November 2015 versus the prior year’s 45-week period - - Massmart’s total sales increased to R69.8 billion, representing growth of 8.7%, and comparable store sales increased by 7.0%. Product inflation for the period is estimated at 3.1%. - Massdiscounters increased total sales by 9.2% (4.3% comparable) with inflation of 1.6%. Subsequent to June 2015, comparable sales growth in Game SA increased marginally whilst comparable sales in Game Africa slowed slightly. - Masswarehouse increased total sales by 10.1% (10.1% comparable) with inflation of 3.5%. - Massbuild increased total sales by 11.8% (8.4% comparable) with inflation of 4.2%. - Masscash increased total sales by 6.0% (5.6% comparable) with inflation of 3.1%. A short presentation made today by management to the analysts is available on the Massmart website (www.massmart.co.za). The above information has not been reviewed and reported on by the Company`s external auditors. Johannesburg 10 November 2015 Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 10/11/2015 07:05:00 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.