Notes to the Company financial statements
for the period ended

2.	ADMINISTRATION EXPENSES
	Administration expenses is stated after taking into account the following expenses:
2.1	Directors’ remuneration
	Directors’ remuneration paid by Pick n Pay Stores Limited and Pick n Pay Holdings Limited RF is detailed below. Refer to here and here of the remuneration reports for details of the directors' remuneration and directors' interest in shares.

		Pick n Pay Stores Limited				Pick n Pay Holdings Limited RF**
		Fees for   Board   meetings   R'000	Fees for   committee   and other   work   R'000	Cash   total   R'000		Fees for   Board   meetings   R'000	Cash   total   R'000
	2014
	Non-executive directors	5 185.9	1 348.0	6 533.9		171.0	171.0
	2013
	Non-executive directors	2 149.7	1 418.0	3 567.7		171.0	171.0

	*	Executive directors’ salaries are paid by a subsidiary company.
	**	Directors of Pick n Pay Stores Limited who are also directors of Pick n Pay Holdings Limited RF do not receive directors’ remuneration for services rendered as a director of this company.

		Pick n Pay Stores Limited		Pick n Pay Holdings Limited RF
		As at   2 March   2014   Rm	As at   3 March   2013   Rm	As at   2 March   2014   Rm	As at   3 March   2013   Rm
2.2	Audit fees	0.1	0.1	0.1	0.1