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Thu 19 May 2005, 8:42 Granting of Options
Pick `n Pay Stores Ltd - Granting of Options                                    
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:                                             
On 18 May 2005 the following executives were granted share options over ordinary
shares at a price of R20.70 each, which options may be paid for and taken up one
third per annum after 1,2 and 3 years. All share options are of a direct        
beneficial nature and were approved by an executive director.                   
Executive           Designation                   Number of shares              
Sean Summers        Director                      163 043                       
Dennis Cope         Director                      48 309                        
David Robins        Director                      28 986                        
Gary Lea            Company Secretary             12 077                        
19 may 2005                                                                     
Date: 19/05/2005 08:37:27 AM    
Produced by the JSE SENS Department
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