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Tue 22 May 2007, 9:02 PWK / PIK - Pick `n Pay Holdings / Pick `n Pay Sto
PWK   PIK
 PWK   PIK                                                                       
PWK / PIK - Pick `n Pay Holdings / Pick `n Pay Stores - Directors dealings      
Pick `n Pay Holdings Ltd                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1981/009610/06)                                            
Share code:  PWK   ISIN: ZAE000005724                                           
Pick `n Pay Stores Ltd                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/008034/06)                                            
Share code:  PIK   ISIN: ZAE000005443                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
1.   Subsidiary company director   : Dennis Cope                                
    Number of shares              : 106 100                                     
    Price per share               : R4.28                                       
    Date of transaction           : 18 May 2007                                 
Class of shares               : Ordinary                                    
    Nature of transaction         : Take up and purchase of shares pursuant     
                                    to exercise of share options                
    Nature of interest            : Direct beneficial                           
Approval                      : Approval obtained from executive director   
2.   Company director              : Dennis Cope                                
    Number of shares              : 75 000                                      
    Price per share               : R12.00                                      
Date of transaction           : 18 May 2007                                 
    Class of shares               : Ordinary                                    
    Nature of transaction         : Take-up and purchase of shares pursuant to  
                                    exercise of share options                   
Nature of interest            : Indirect beneficial                         
    Approval                      : Approval obtained from executive director   
Cape Town                                                                       
22 May 2007                                                                     
Sponsor: Investec Bank Limited                                                  
Date: 22/05/2007 08:43:41 Produced by the JSE SENS Department.                  
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