Resignation and Appointment of Company Secretary Massmart Holdings Limited (Incorporated in the Republic of South Africa) Company registration No. 1940/014066/06 JSE Code: MSM ISIN: ZAE000152617 ("Massmart") Resignation and Appointment of Company Secretary As required in terms of paragraph 3.59 of the JSE Limited Listings Requirements, the board of directors of Massmart (Massmart Board or Board) wishes to advise shareholders that, with effect from 20 September 2016, Philip Sigsworth has resigned as company secretary. Philip has accepted a position with the Sam’s Club subsidiary of Massmart’s parent company, Wal-Mart Stores, Inc. From the date of Phillip’s resignation until on or about 1 November 2016, Julie Wilford, currently a Massmart Group Financial Executive, has been appointed to fill the company secretary position. Julie Wilford holds a CA (SA) qualification. From on or about 1 November 2016, Joseph “Joe” Ralebepa will assume the position as General Counsel & Company Secretary for Massmart. Joe is currently the Head of Legal & External Affairs for British American Tobacco (BAT) Southern Africa and is serving out his notice period with BAT upon tendering his resignation there recently. Joe holds a BA and LLB qualification and is an admitted attorney of the High Court of South Africa. The Massmart Board is satisfied that Julie and Joe have the necessary skills and experience to fulfil this function. The Board extends its appreciation for Philip’s service to the company and best wishes for the future and welcomes Julie and Joe to this role. Sunninghill 7 July 2016 Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 07/07/2016 01:00:00 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.