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Mon 10 Nov 2003, 13:37 DEALINGS BY DIRECTOR
PICK "N PAY HOLDINGS LIMITED - DEALINGS BY DIRECTOR                             
Pick "n Pay Holdings Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1981/009610/06)                                               
("the company")                                                                 
Share Code: PWK     ISIN Code: ZAE000005724                                     
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Executive director        W Ackerman                                            
Number of shares          1 200                                                 
Price                     380 cps                                               
Class of shares           Ordinary shares                                       
Nature of interest        Indirect and  beneficial                              
Transaction date          10 November 2003                                      
Nature of transaction     Exercise of long service options and the subsequent   
transfer of those shares to an Ackerman Family Trust  
                          of which W Ackerman is a trustee. W Ackerman is a     
                          beneficiary of this trust and therefore has an        
                          indirect and beneficial interst. .                    
Date: 10/11/2003 12:32:19 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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