Director's Dealings Pick n Pay Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1981/009610/06) Share code: PWK ISIN: ZAE000005724 DEALING IN SECURITIES BY DIRECTORS In compliance with Rule 3.63 – 3.74 of the JSE Listing Requirements, the following information is disclosed: Alternate Director : Suzanne Ackerman-Berman Company : Pick n Pay Holdings Limited Date of transaction : 29 November 2012 Nature of transaction : Off market sale of shares by associate, Paul Berman, husband Number of securities sold : 121,550 Class of security : Ordinary Average selling price per share : R17.99 Total value of shares sold : R2,187,814.92 Highest selling price per share : R17.99 Lowest selling price per share : R17.99 Nature of interest : Direct beneficial Clearance obtained : Yes Director : Raymond Ackerman Company : Pick n Pay Holdings Limited Date of transaction : 29 November 2012 Nature of transaction : Off market purchase of shares Number of securities purchased : 121,550 Class of security : Ordinary Average purchase price per share : R17.99 Total value of shares purchased : R2,187,814.92 Highest purchase price per share : R17.99 Lowest purchase price per share : R17.99 Nature of interest : Indirect beneficial Clearance obtained : Yes Cape Town 30 November 2011 Sponsor: Investec Bank Limited Date: 30/11/2012 04:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.