Director's Dealings Pick n Pay Stores Limited (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 : Gareth Ackerman, in his capacity as a trustee of the Ackerman Pick n Pay Charitable Foundation Company : Pick n Pay Stores Limited Date of transaction : 21 May 2014 Nature of transactions : On market purchase of shares by the Foundation Number of securities purchased : 30,000 Class of security : Ordinary Average purchase price per share : R58.09 Total value of shares purchased : R1,742,700.00 Highest purchase price per share : R58.21 Lowest purchase price per share : R57.95 Nature of interest : Non-beneficial Clearance obtained : Yes Director : Gareth Ackerman, in his capacity as a trustee of the Ackerman Pick n Pay Charitable Foundation Company : Pick n Pay Stores Limited Date of transaction : 22 May 2014 Nature of transactions : On market purchase of shares by the Foundation Number of securities purchased : 71,900 Class of security : Ordinary Average purchase price per share : R58.66 Total value of shares purchased : R4,217,654.00 Highest purchase price per share : R59.00 Lowest purchase price per share : R58.00 Nature of interest : Non-beneficial Clearance obtained : Yes 23 May 2014 Cape Town Sponsor: Investec Bank Limited Date: 23/05/2014 05:31:00 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.