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Thu 20 May 2004, 12:25 Dealings In Securities By Director
Pick n Pay Stores - Dealings In Securities By Director 

Release Date: 20/05/2004 12:17:01      Code(s): PIK        
Pick `N Pay Stores - Dealings 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:                                             
Subsidiary company director   :    Paul Connellan                               
Number of shares              :    120 000                                      
Price per share               :    R3.00                                        
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 an executive director 
20 may 2004                                                                     
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