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Tue 18 May 2004, 14:53 Dealings In Securities
Pick "N Pay Stores Limited - Dealings In Securities                             
  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:                                             
  Company director         :    David Robins                                      
  Number of shares         :    78000                                             
  Price per share          :    R4.34                                             
  Date of transaction      :    18 May 2004                                       
  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         
  18 May 2004                                                                     
  Date: 18/05/2004 02:33:02 PM Produced by the JSE SENS Department                
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