Dealings in Securities

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


Dealings in securities

Shareholders are referred to the director’s dealing announcement dated 13 April 2018. In compliance with
paragraph 3.63(b)(iv) of the JSE Limited Listings Requirements, the following additional information regarding
the highest and lowest prices is provided below:

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

                                                  Settlement of awards and grants in terms of the Share
  Nature of transaction
                                                  Plan

  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
                                                  170.26

  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
                                                  45,604

  Highest price                                   R163.34

  Lowest price                                    R152.64

  Average price per share
                                                  R161.31

  Value of transactions                           R 7,356,185.14


Johannesburg
16 April 2018

Sponsor
Deutsche Securities (SA) Proprietary Limited

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