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Tue 2 May 2006, 13:30 Pick `n Pay Stores Ltd - Granting of Options
PIK
 PIK                                                                             
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                                           
Granting of Options                                                             
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
On 24 April 2006 the following executives were granted share options over       
ordinary shares at a price of R28.00 each, which may be paid for and taken up   
40% after 2 years, 30% after 3 years and 30% after 4 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                       107 143                      
Dennis Cope         Director                        32 143                      
David Robins        Director                        19 643                      
Gary Lea            Company Secretary                9 375                      
Cape Town                                                                       
2 May 2006                                                                      
Sponsor: Investec Bank Limited                                                  
Date: 02/05/2006 01:30:29 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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