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MASSMART HOLDINGS LIMITED - Sales Update for the 45 weeks to 8 November 2015

Release Date: 10/11/2015 07:05
Code(s): MSM     PDF:  
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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

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