| PICK 'n PAY HOLDINGS LIMITED ("PIKWIK") |
| RESULTS FOR THE YEAR ENDED 28 FEBRUARY 2005 |
| Share
Code: PWK
ISIN code: ZAE000005724 |
| Pikwik's only asset is its 52.9% (2004: 53.2%) investment
in Pick 'n Pay Stores Limited.
The Pikwik Group earnings are directly
related to those of this investment. Headline earnings for the year amount to R351.2 million
(2004: R294.1 million). |
| Headline earnings per share, calculated using the weighted
average number of shares in issue during
the year of 501.1 million (2004: 496.2 million),
is 70.08 cents (2004: 59.28 cents). Pikwik's final dividend per share is 37.43
cents (2004:31.00 cents), bringing the total
dividend per share for the year to 47.10
cents (2004: 39.05 cents). |
