DIRECTORS’ APPROVAL

The directors acknowledge and accept full responsibility for the preparation and integrity of the information presented in the Company and Group annual financial statements.

These Company and Group annual financial statements of Pick n Pay Stores Limited, which have been prepared in accordance with the Companies Act of South Africa and comply with International Financial Reporting Standards, were approved by the Board of directors on 4 May 2009 and are signed on their behalf by:

Raymond Ackerman Chairman	Nick Badminton Chief Executive Officer	Dennis Cope Chief Finance Officer

COMPANY SECRETARY’S CERTIFICATE

In terms of section 268G(d) of the Companies Act 61 of 1973, as amended, I certify that Pick n Pay Stores Limited has lodged with the Registrar of Companies all such returns as are required by the Companies Act, and that all such returns are true, correct and up to date.

Gary Lea
Company Secretary

4 May 2009