Release Date: 23/07/2003 14:38:27 Code(s): PIK PWK
Pick "n Pay Stores Limited / Pick `n Pay Holdings Limited - Letter to
Shareholders
Pick "n Pay Stores Limited
Registration no: 1968/008034/06
Share code: PIK ISIN: ZAE000005443
Pick `n Pay Holdings Limited
(Registration number 1981/009610/06)
Share code: PWK ISIN code: ZAE000005724
Dear Pick `n Pay shareholder
The past week has been perhaps the most exacting, exhausting and difficult time
for us in our 36 year history.
In communicating this crisis to our customers, staff, suppliers, shareholders
and the general public, we have relied on your trust, your support and your
strength as fellow South Africans.
Many of you have called or written to us with words of support and solidarity,
for which we sincerely thank you. We have also been greatly encouraged by your
belief in us both as a company and as a South African corporate citizen, and our
ability to manage this crisis in the most responsible and effective way.
We would like to assure you that we are making every effort we can to track down
this consumer terrorist and bring him to justice. To this end, we are working
very closely with the best that South Africa has to offer, together with
international experts who have extensive experience with this kind of crime. We
are following up every single lead supplied to us with diligence and all our
energies.
We would like to thank you for placing your trust in us, and would like to
assure you that your investment in our company is appreciated and highly valued.
For our part, you have our promise that we will continue to communicate openly
and transparently with you and the general public on this issue, which really
does affect all of us as South Africans.
Thank you again for your support.
Sean Summers
CEO
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
