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Wed 19 May 2004, 18:18 PICK `N PAY STORES LTD - DEALING IN SECURITIES BY
PICK `N PAY STORES LTD - DEALING IN SECURITIES BY DIRECTOR                      
  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         :    Dennis Cope                                       
  Number of shares         :    1000                                              
  Price per share               R16.60                                            
  Date of transaction      :    19 May 2004                                       
  Class of shares          :    Ordinary                                          
  Nature of transaction    :    Purchase of shares on behalf of family trust      
  Nature of interest       :    Indirect beneficial                               
  Approval                 :    Approval obtained from executive director         
  Date: 19/05/2004 05:50:00 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
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