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Mon 7 Jun 2004, 9:37 Pick `n Pay Holdings Ltd - Dealing in Securities b
Pick `n Pay Holdings Ltd - Dealing in Securities by director                    
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                 :    Sean Summers                                      
Number of shares         :    1 133 097                                         
Price per share          :    R3.10                                             
Date of transaction      :    4 June 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         
07 June 2004
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