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Tue 6 Jul 2004, 9:39 Dealings In Securities By Director
Pick n Pay Stores - Dealings In Securities By Director 

Release Date: 06/07/2004 09:25:00      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:                                             
Further to the SENS announcement dated 7 June 2004, the following executive     
accepted the grant of share options over ordinary shares at a price of R16.00   
each, which may be paid for and taken up as follows - 40% after 1 year, 30%     
after 2 years and 30% after 3 years. All share options are of a direct          
beneficial nature and were approved by an executive director.                   
Executive                Designation                   Number of shares         
Dennis Cope              Director                      40 625                   
6 July 2004                                                                     
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