Notes to the Company annual financial statements

for the period ended 3 March 2013
    Pick n Pay STORES
LiMiteD
    2013   2012  
    Rm   Rm  
8.   Borrowings      
  Unsecured 3-month corporate paper, issued under our Domestic Medium Term Note Programme, to fund capital projects. The notes are repayable on 23 May 2013 and carry an average interest rate linked to Jibar of 5.5% p.a. (2012: 5,8% p.a.)  400.0   400.0