2018/04/13, 14:32:00
Johannesburg Stock Exchange - SENS NEWS DELAYED
Dealings in securities

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Company registration No. 1940/014066/06
ISIN: ZAE 0000152617

Dealings in securities

In compliance with paragraphs 3.63 to 3.66 of the JSE Limited Listings Requirements (“Listings Requirements”),
the following information is provided regarding the settlement of awards and grants by The Massmart Holdings
Limited 2013 Share Plan (“the Share Plan”) to the under-mentioned Director, as defined in terms of the Listings
Requirements. As required in paragraph 3.66 of the Listings Requirements, the necessary authority has been
obtained. In terms of The Massmart Holdings Limited 2013 Share Plan, 73,912 Massmart shares were released
to Mr. JJM van Lierop. Following deduction of the associated tax obligation, Mr. van Lierop had 45,604 shares
on hand which he elected to sell.

                                                  JJM van Lierop, Chief Financial Officer: Massmart Holdings
  Name and designation of Director

                                                  Settlement of awards and grants in terms of the Share Plan
  Nature of transaction
  Date of award and grant                         16 March 2015

  Date of vesting                                 16 March 2018

  Number of performance and restricted
  shares settled                                  73,912

  Vesting price per share

  Total value of performance and restricted
                                                  R 12,584,493.75
  shares settled

  Date of transactions                             27 March 2018 – 04 April 2018

  Nature of transactions                           On-market sale of shares

  Net shares settled

  Average price per share

  Value of transactions                            R 7,356,185.14

13 April 2018

Deutsche Securities (SA) Proprietary Limited

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