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Walmart to acquire the remaining 47% stake in Massmart for ZAR6.4bn.

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Service Providers

Goldman Sachs

financial advisors

Goldman Sachs

Webber Wentzel

legal advisors

Webber Wentzel

White & Case

legal advisors to financial advisors

White & Case

ENSafrica (Edward Nathan Sonnenbergs)

legal advisors

ENSafrica (Edward Nathan Sonnenbergs)

Standard Bank of South Africa

financial advisors

Standard Bank of South Africa

PricewaterhouseCoopers

accounting advisors

PricewaterhouseCoopers

or

Principals

WALMART INC

bidder

WALMART INC

MASSMART

target

MASSMART

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