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Thu 20 May 2004, 12:18 Dealings In Securities
Pick n Pay Holdings - Dealings In Securities 

Release Date: 20/05/2004 11:58:00      Code(s): PWK        
Pick `n Pay Holdings - Dealings In Securities                                   
Pick `n Pay Holdings Ltd                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1981/009610/06)                                            
Share code:  PWK   ISIN: ZAE000005724                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Subsidiary company director   :    Dennis Cope                                  
Number of shares              :    200 000                                      
Price per share               :    R3.25                                        
Date of transaction           :    20 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    
20 May 2004                                                                     
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