PICK N PAY STORES LIMITED - Disclosure of disposal of securities in Pick n Pay Stores Limited

Disclosure of disposal of securities in Pick n Pay Stores Limited

Pick n Pay Stores Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1968/008034/06)
Share Code: PIK 
ISIN code: ZAE000005443

DISCLOSURE OF DISPOSAL OF SECURITIES IN PICK N PAY STORES
LIMITED

In accordance with section 122(3)(b) of the Companies Act and section 3.83(b)
of the JSE Listings Requirements, shareholders are advised that Kagiso Asset
Management Proprietary Limited has disposed of shares in the company,
reducing its total beneficial interest from 5.09% to 4.95% of the total number of
shares in issue.

Formal notification has been received from Kagiso Asset Management
Proprietary Limited, and Pick n Pay Stores Limited has filed the required notice
with the Takeover Regulation Panel.



By order of the board
Cape Town
25 April 2014

Sponsor:
Investec Bank Limited

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