PIK 201303010018A Resignation of Director Pick n Pay Stores Limited Incorporated in the Republic of South Africa Registration number: 1968/008034/06 Share Code: PIK ISIN code: ZAE000005443 Changes to the Board Pick n Pay today announced the resignation of Alex Mathole as an independent non- executive director, with effect from 28 February 2013. At the time of her appointment to the board in October 2010, Alex was chief legal counsel for Siemens in Africa. Alex recently tendered her resignation from Siemens to take up an executive position at Tiger Brands Limited. As Tiger Brands is a major supplier to Pick n Pay, Alex has resigned from the board of Pick n Pay Stores Limited to prevent the creation of a possible conflict of interests. Chairman of Pick n Pay, Gareth Ackerman, said, ôAlex was a valuable member of the Pick n Pay board. Her professional experience in sustainability and corporate social responsibility, as well as corporate governance issues, added greatly to board discussions. She contributed not only to the corporate governance aspects of the company, but also to our understanding of the fast developing, highly competitive retail market. We will miss her contribution to board debates. We wish her all of the best in her future career.ö By order of the board Cape Town 28 February 2013 Sponsor: Investec Bank Limited 1 March 2013 Date: 01/03/2013 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
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