PIK - Pick n Pay Stores Ltd - Dealing in securities by directors

PIK - Pick n Pay Stores Ltd - Dealing in securities by directors                
Pick n Pay Stores Ltd                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/008034/06)                                            
Share code:  PIK                                                                
ISIN: ZAE000005443                                                              
DEALING IN SECURITIES BY DIRECTORS                                              
In compliance with the JSE Listing Requirements, the following information is   
disclosed:                                                                      
Director                           :    Jonathan Ackerman                       
Company                            :    Pick n Pay Stores Limited               
Date of transaction                :    11 February 2011                        
Nature of transaction              :    Purchase of shares pursuant to the take 
                                       up of share options (off market)         
Number of securities exercised     :    12 883                                  
Class of security                  :    Ordinary                                
Exercise price per share           :    R20.70                                  
Value of transaction               :    R266,678.10                             
Nature of interest                 :    Indirect beneficial                     
Clearance obtained                 :    Yes                                     
Cape Town                                                                       
15 February 2011                                                                
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 15/02/2011 10:22:01 Supplied by www.sharenet.co.za                     
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