Interim results

for the period ended 28 June 2015

Massmart is a managed portfolio of four divisions, each focused on high-volume, low-margin, low-cost distribution of mainly branded consumer goods for cash, in 13 countries in sub-Saharan Africa, comprising 398 stores. The Group is the second largest distributor of consumer goods in Africa, the leading retailer of general merchandise, liquor and home improvement equipment and supplies, and the leading wholesaler of basic foods.

For the period ended 28 June 2015:


Total sales up 9.1%	Headline earnings before forex down by 3.9%

Operating profit before forex and interest up by 12.7%	Headline earnings after forex (taxed) down by 26.0%

Operating profit before interest down by 1.4%	Dividend per share unchanged

JSE code MSM

ISIN ZAE000152617

Company registration number
1940/014066/06

Registered office
Massmart House, 16 Peltier Drive,
Sunninghill Ext 6, 2191

Company secretary P Sigsworth

Sponsor
Deutsche Securities
(SA) Proprietary Limited
3 Exchange Square,
87 Maude Street, Sandton, Johannesburg, 2196, South Africa

Transfer secretaries
Computershare Investor Services
(Proprietary) Limited,
70 Marshall Street, Johannesburg, 2001 South Africa

Registered auditors
Ernst & Young Inc.
102 Rivonia Road, Sandton, Johannesburg,
South Africa

Directorate
K Dlamini (Chairman), CS Seabrooke (Deputy
Chairman), GRC Hayward* (Chief Executive
Officer), S Broader**, A Clarke***, NN Gwagwa,
P Langeni, JP Suarez**, J van Lierop* (Chief
Financial Officer)
* Executive ** USA *** UK