Dealing in securities by a director and an associate of a director

Massmart Holdings Limited
(Incorporated in the Republic of South Africa)
Company registration No. 1940/014066/06
JSE Code: MSM
ISIN: ZAE 000152617
("Massmart" or the "Company" or the “Group”)


DEALING IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR

In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the following should be noted in respect
of a transactions by an executive director and an associate of a director:

 Name of director:                Mitchell Slape (Chief Executive Officer)
 Name of associate:               Slape Family Trust
 Relationship to director:        Mitchell Slape is a director of the associate and a trustee and beneficiary of
                                  its sole shareholder, the Slape Family Trust (incorporated in the United
                                  States of America)
 Nature of transaction:           Purchase of ordinary shares
 Date of transaction:             28 August 2020, 31 August 2020 and 1 September 2020
 Price per share:                 R27.29 (weighted average price)
 Number of securities:            300 000 (three hundred thousand) ordinary shares
 Value of transaction:            R8,187,182.47
 Nature of interest:              Indirect beneficial
 Trade:                           On-market
 Clearance obtained:              Yes


2 September 2020


By order of the Board

Sponsor
JP Morgan Equities South Africa (Pty) Ltd

Date: 02-09-2020 01:04:00
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