Dealing in securities by director Pick n Pay Stores Limited Incorporated in the Republic of South Africa Registration number: 1968/008034/06 Share Code: PIK ISIN Code: ZAE000005443 DEALING IN SECURITIES BY DIRECTOR In compliance with the JSE Listing Requirements, the following information is disclosed: Director : Richard Brasher Company : Pick n Pay Stores Limited Date of transaction : 6 December 2018 Nature of transaction : On market sale of shares by associate, Manticore Investment Holdings Limited Number of securities sold : 16 649 Class of security : Ordinary Average sale price per share : R72.049786 Total value of shares sold : R1 199 556.90 Highest price per share : R74.00 Lowest price per share : R70.77 Nature of interest : Indirect beneficial Clearance obtained : Yes Director : Richard Brasher Company : Pick n Pay Stores Limited Date of transaction : 7 December 2018 Nature of transaction : On market sale of shares by associate, Manticore Investment Holdings Limited Number of securities sold : 124 543 Class of security : Ordinary Average sale price per share : R72.131868 Total value of shares sold : R8 983 519.24 Highest price per share : R73.21 Lowest price per share : R68.69 Nature of interest : Indirect beneficial Clearance obtained : Yes Cape Town Sponsor: Investec Bank Limited 10 December 2018 Date: 10/12/2018 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.