Pick n Pay Holdings Limited (“PIKWIK”)

Reg. No. 1981/009610/06
Share Code: PWK ISIN code: ZAE000005724
Pikwik’s only asset is its 53.81% (2011: 53.85%) 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 R91.8 million (2011: R105.3 million).
Headline earnings per share is 17.78 cents (2011: 20.40 cents).
Headline earnings per share from continuing operations is 17.78 cents (2011: 27.19 cents) a decrease of 34.6%.
Diluted headline earnings per share from continuing operations is 17.31 cents (2011: 26.68 cents).
The total number of shares in issue is 527.2 million (2011: 527.2 million) and the weighted average number of shares in issue during the period is 516.4 million (2011: 516.4 million). Pikwik’s interim dividend per share is 7.17 cents (2011: 10.91 cents), a decrease of 34.3%.