We show that intramolecular exchange disorder recently found in the geometrically frustrated magnetic molecules {Mo(72)Fe(30)} and {Mo(72)Cr(30)} leads, in a classical Heisenberg model description, to spin freezing and slow magnetization dynamics reminiscent of spin glass behaviour. Also we suggest that our low temperature and low magnetic field nuclear magnetic resonance (NMR) measurements on {Mo(72)Fe(30)}, showing rapid and strong broadening of the proton line width on cooling below 600 mK, are evidence for a crossover from paramagnetic behaviour to a frozen spin configuration. Similar broadening is observed in {Mo(72)Cr(30)}. This observed effect is consistent with our theory of spin freezing and slow magnetization dynamics in these systems due to exchange disorder.