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2019/04/02, 15:58:00
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
JSE Code: MSM
ISIN: ZAE 0000152617
(“Massmart”)


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 grants by The Massmart Holdings Limited 2013 Share Plan
(“the Share Plan”) to the under-mentioned Directors, 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, 27,157 Massmart shares were released to Mr. GRC Hayward. Following
deduction of the associated tax obligation, Mr. Hayward has retained ownership of 14,935 shares:

 Name and designation of Director                                     GRC Hayward, Chief Executive Officer: Massmart Holdings Limited
 Nature of transaction                                        Settlement of awards in terms of the Share Plan in off-market transactions
 Date of grant                                                                                                                 18-Mar-16
 Date of vesting                                                                                                               18-Mar-19
 Number of performance shares settled                                                                                              27,157
 Vesting price per share                                                                                                            89.51
 Total value of performance shares settled                                                                                R 2,430,823.07

 Date of transaction                                                                                                            02-Apr-19
 Nature of transaction                                                      Transfer of shares to participant in an off-market transaction
 Class of securities                                                                                                      Ordinary shares
 Extent of interest                                                                                                      Direct, beneficial
 Price per share                                                                                                                    89.51
 Net shares settled                                                                                                                14,935
 Value of net shares settled                                                                                              R 1,336,831.85
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, 34,725 Massmart shares were released to Mr. JJM van Lierop. Following
deduction of the associated tax obligation, Mr. van Lierop has retained ownership of 21,287 shares.

 Name and designation of Director                                       JJM van Lierop, Chief Financial Officer: Massmart Holdings Limited
 Nature of transaction                                 Settlement of awards & grants in terms of the Share Plan in off-market transactions
 Date of grant                                                                                                                   16-Mar-15
 Date of vesting                                                                                                                 16-Mar-19
 Number of restricted shares settled                                                                                                  7,943
 Vesting price per share                                                                                                              89.51
 Total value of restricted shares settled                                                                                     R 710,977.93
 Date of award                                                                                                                   18-Mar-16
 Date of vesting                                                                                                                 18-Mar-19
 Number of performance shares settled                                                                                                26,782
 Vesting price per share                                                                                                              89.51
 Total value of performance shares settled                                                                                  R 2,397,256.82

 Date of transaction                                                                                                              02-Apr-19
 Nature of transaction                                                        Transfer of shares to participant in an off-market transaction
 Class of securities                                                                                                        Ordinary shares
 Extent of interest                                                                                                        Direct, beneficial
 Price per share                                                                                                                      89.51
 Net shares settled                                                                                                                  21,287
 Value of net shares settled                                                                                                R 1,905,399.37




Sponsor: J.P. Morgan Equities South Africa (Proprietary) Limited
02 April 2019




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