Pick n Pay Holdings Limited (“PIKWIK”)

Share code: PWK ISIN code: ZAE000005724
Pikwik's only asset is its 54.48% (2007: 57.40%) effective holding in Pick n Pay Stores Limited (excluding treasury shares). The Pikwik Group earnings are directly related to those of this investment. Headline earnings for the period amount to R208.5 million (2007: R188.6 million).

Headline earnings per share and diluted headline earnings per share from continuing operations is 45.17 cents
(2007: 39.30 cents) and 44.40 cents (2007: 36.69 cents), respectively. Group headline earnings per share and
Group diluted headline earnings per share is 40.52 cents (2007: 36.86 cents) and 39.81 cents (2007: 34.29 cents), respectively. The total number of shares in issue is 527.2 million (2007: 527.2 million) and the weighted average
number of shares in issue during the period is 514.6 million (2007: 511.6 million) . Pikwik's interim dividend per share is 17.45 cents (2007: 15.18 cents), an increase of 15.0%.