No Change Statement and Notice of Annual General Meeting PICK N PAY STORES LIMITED Incorporated in the Republic of South Africa Registration Number 1968/008034/06 ISIN: ZAE000005443 JSE Share Code: PIK (Pick n Pay or the Company) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING NO CHANGE STATEMENT Shareholders are advised that the 2019 Integrated Annual Report, Corporate Governance Report and Remuneration Report are now available on our website, www.picknpayinvestor.co.za together with the audited Company and Group annual financial statements for the 53 weeks ended 03 March 2019, which were published on 10 June 2019. The annual financial statements contain no modifications to the summarised audited Group annual financial statements that were published on 26 April 2019. Ernst & Young Inc. completed their audit of the Company and Group annual financial statements on 25 April 2019. Their unqualified audit report is presented in the 2019 audited annual financial statements and is available for inspection at the registered office of the Company. NOTICE OF THE ANNUAL GENERAL MEETING The 51st annual general meeting of Pick n Pay will be held on Tuesday, 30 July 2019 at 08:30 in the conference centre of the registered office, Pick n Pay Office Park, 101 Rosmead Avenue, Kenilworth, Cape Town, 7708, to transact business as stated in the notice of the annual general meeting. The record date to vote and participate in the meeting is Friday, 19 July 2019. The notice and proxy of the annual general meeting will be posted to shareholders on 28 June 2019, together with the summarised audited Group annual financial statements. The notice and proxy form can also be found in the 2019 corporate governance report, which will be available by close of business on 26 June 2019 on our website, www.picknpayinvestor.co.za. Cape Town 26 June 2019 Sponsor: Investec Bank Limited Date: 26/06/2019 05:00:00 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.