PICK N PAY STORES LIMITED - Dealing In Securities

Dealing In Securities

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 STORES LIMITED – DEALING IN SECURITIES

In compliance with rule 3.63 of the JSE Listings Requirements, the following should be
noted: on 18 October 2017 RWP Brasher received shares as a direct beneficiary in terms
of the Pick n Pay Stores Limited Forfeitable Share Plan. Those shares are being
transferred to an indirect beneficiary.

Executive Director:                          RWP Brasher
Company:                                     Pick n Pay Stores Limited
Associate:                                   Manticore Investment Holdings Limited
Date of transaction:                         22 February 2018
Nature of transaction:                       Off market transfer of shares from the
                                             director to an associate
Class of shares:                             Ordinary
Number of shares:                            604,770
Price per share:                             R64.93
Value of transaction:                        R39,267,716.10
Nature of interest:                          Direct beneficial to Indirect beneficial
Clearance obtained:                          Yes


By order of the Board

Cape Town
23 February 2018

Sponsor:
Investec Bank Limited

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