PWK/PIK - Pick n Pay Holdings /Pick n Pay Stores - Pick N Pay victory in Federal

PWK/PIK - Pick n Pay Holdings /Pick n Pay Stores - Pick N Pay victory in Federal
Court Case regarding Sale of Franklins to Metcash                               
Pick n Pay Holdings Limited                                                     
(Incorporated in the Republic of South Africa)                                  
(Registration number 1981/009610/06)                                            
Share code: PWK   ISIN code: ZAE000005724                                       
Pick n Pay Stores Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number:  1968/008034/06)                                          
Share Code:  PIK   ISIN code: ZAE000005443                                      
PICK N PAY VICTORY IN FEDERAL COURT CASE                                        
REGARDING SALE OF FRANKLINS TO METCASH                                          
Pick n Pay said today that it welcomed the decision by the Federal Court of     
Australia to dismiss an application by the Australian competition regulator, the
Australian Competition and Consumer Commission (ACCC), seeking to prevent       
Metcash from acquiring Franklins from Pick n Pay.                               
The hearing of the application followed commencement of proceedings by the ACCC 
in November 2010 opposing the transaction.                                      
For more information please contact:                                            
Tamra Veley on +27 83 251 3658                                                  
By order of the board                                                           
Cape Town                                                                       
25 August 2011                                                                  
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 25/08/2011 09:33:01 Supplied by www.sharenet.co.za                     
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