|o DEVELOPMENT & COMPENSATION DIVISION 7 February 2001 Dirk Coetrzee Gardens Dear Dirk Congratulations on your appointment to Store Manager of the soon to be opened Noordhoek store. ‘The new store will | am sure bring new challenges and I wish you good luck and much success. Regards Linda Saacks A DUISION OF PICK Wo PAY RETALERS (PY) LTD wea no rser i Fay House, Skeen Boulware, Beton Pes Sa Bea ee oT "PO. Box 60, Beene Zine aun A 9) abe Fan OTE et 27-1) Waste: wow tenga ce NaNAGEMENT Boar No. ncsnen Cramer) SR Sommer CEO.” Grow Mang Orecoy NP Basen, Pd. Conn, Mi eed ‘A doon: I Sager Me nba, | Makasar Bak a cere Seesee ‘von Ger Wal JG vat Rooyen Yelinhy8 February 2001, Dirk Coetzee Western Cape Supermarkets Dear Dirk Congratulations on your appointment as Store Manager to the new Store opening in Noordhoek. Lwish you everything of the best and I am sure you are looking forward to the new challenges ahead of you. Regards. Ty DAVE RAMSDENSTORES LIMITED 9 February 2001 Dirk Coetzee Store Manager Gardens our fh I would like to congratulate on your appointment as Store Manager at Longbeach. This is really well deserved and I wish you everything of the best in this challenging position. Lots of good luck. Yours sincerely Lesa Wendy Ackerman Pak n Pay Centre, Cnt Main and Carpi Roads, Claremont 708 PO, Boe 23087, Cain 7795, Soh A. Tel) 680-100 Fae (21) 82806, (int 927) ‘Web ww peep 28 RD. Ackerman (Chajeam), GM, Ackerman (Deputy Chairman SR. Summers" (CEO Group Managing Director), Wkckennan DC Cope! Rdb'de Wet HA: Gorm. ft Homan © Salter © Nod DM. Nuk + Merers of Executive Comes which also nce. Joube, M, Rosen, AE Zelinsky1 March 2001 Dirk Coetzee ‘Store Manager Longbeach Store Western Cape Region Dear Dirk, Congratulations on your appointment as the ‘opening Store Manager of Longbeach in the Western Cape Ri o This is a just reward and recognition for all the commitment and hard work you have put into the Company. Well done! Yours sincerely, Sue GENERAL MANAGER ORGANISATIONAL DEVELOPMENT DIVISION OF FICK’ PAY RETAILERS (PTY) LTD rec no nyse Pach Pay House, heen Boulevard dors Pasa Pat Baers 3007 0. ox 98 edersew 3008 Sth A el 011) 45-2000 Fan 1D 438 1904 nt 27-0) ‘Wakste wrowepicknpaico MANAGEMENT BOARD RD Ackerman (Chairman), SR Somes (Chel Eectve Mice NP Badinton P|. Connlian THE Heraold,A Jew) Joubert Quirk Motaung. Mt Pui M Renew UA Saache FP an der Wat] van Rooyen, AE. Zt11 April, 2001 Dirk Coetzee Pick ‘n Pay Long Beach Dear Dirk ‘We would like to thank you for all the hard work and Jong hours put into the opening of Long Beach. ‘The store looks absolutely outstanding in every aspect and the standard, really epitomises our goal of “best in the world”. 1 of R5,000.00 will be paid to you as a sundry ‘As a token of our appreciation an am payment. It is imperative for you to continue to provide high service standards on a consistent basis. This will only be achieved if everyone is fully committed to the challenging task ahead. Remember you are here because we know you can ~ our people make the difference! ‘Once again thank you and good luck! NICK BADMINTON JULIAN HOBSON GENERAL MANAGER REGIONAL MANAGER PS. Thouls pyr alk fe sxcofice yon fae ade Be Geo! fess t0erks I Face bryry ad erortng onl 9 Lioed Hal e foe v0 be srornouely uc: afl yy.(Piick ni ay lot Discount Supermarket 17 April 2001 Dirk Coetzee Pick ‘n Pay LONG BEACH Dear Dirk Congratulations on a fantastic store opening, Alll the long hours and hard work put in to make this opening a success has truly paid off. Good luck and happy trading! Kind regards Ste STEVEMACDONA) REGIONAL MANAGER ADIISION FICK mPAY RUT a No wssecKAe DP Benin (Genr Mugen 1 ean Bs ay, SMD CR Ssh so ar aman. sae ee Sen, Cen ‘Foe itor Ac lice Ge, own[Piickni Jay Discount Supermarket \o$ 4™ May 2001 Dirk Coetzee Pick ‘n Pay Long Beach Dear Dirk The Western Cape once again has produced yet another superlative result, which | believe is largely due to the enormous amount of hard work being put in by the team in which you are playing an integral part. It gives me great pleasure to inform you that your share of the Region's profit for the past financial year amounts to: TOTAL BONUS R82,400.00 November 2000 bonus already received R16,400.00 May 2001 bonus 66,000.00 In order to protect this wonderful result into the year ahead we need to guard against complacency by re-evaluating our roles in the region. | am confident that | shall be able to rely on you to seek extra opportunities to ensure that February 2002 will be equally phenomenal. Thank you Kind regards. ei fie. NICK BADMINTON JULIAN HOBSON We, decevel | Best nskeo Tik'n Py Cente, Comer Mais ant Canpground Reads Clremant 768, PO, Bo 2087, Cave “je H21) 581000 ayers Fae (@21VOE AZ, Adm. 4-715 at 27), Webbe wn pcp 28 LocaL pect: 1 fodmintn (Generel Manag Je asharnany DS. Brun, SMteDonald, DCR Smile MANAGEMENT BOARD DIRECTOKS Haft oko,Picknigay Discount Supermarket le June 2001 DIRK COETZEE PICK ‘N PAY LONG BEACH MALL Dear Dirk As you are well aware the trastoes of the various retirement funds have decided to consolidate all the funds into one new defined contribution provident fund. All Pick ‘n Pay employees, with the exception of these ‘who belong to the SACCAWU fund, now belong to the new provident fund. This new fund is a non-contributory fund, meaning that Pick ‘n pay will pay the total contribution to the fund. Employees will not be required to contribute. Thus an increase to your salary will also be applied 10 the contribution made on your behalf by the company to this new Provident Fund. It gives me great pleasure to inform you that your monthly salary has been increased by R 1159.00 to R 16575.00 with effect from 1 June 2001. The Company's monthly contribution to the Provident Fund has also been increased by R 185.81 to R 2657.29. Your annual package is now R. 345,669.45 made up as follows: Annual Salary 7 198,900.00 ‘Company contribution to Provident Fund 7 R 31,887.45 Bonuses Nov 2000 & May 2001 : R 82,400.00 Private usage of company car R 21,800.00 Housing Loan value R_ 6,230.00 Company contribution to Medical Aid ‘| R 4,452.00 TOTAL 345,669.45 Not included in the above total is your shareholding which provides long-term asset growth, In order to ensure the continued success of our company it will require further determination and comuitment from us all Thank you again for what you are doing to support me and the company. Kind regards LLYWELLYN DYER JULIAN HOBSON [ADIVISION OF PICK a PAY RETAILERS (PTY) UTD, REG.NO. 197 /00020/0, ‘eesneia one Pick Pay Cone, Corner Mais and Campground Roa, Cirmnt 78,D.0 cx 2067, Casement 735, Soh Afric Tel (021) 8, buen Pe 23} SB Adin Fue 872542) Wai wm pices LOCALDIRECTORS INP Badin (Gncral Manage) 16 Ackerman, DS Beau SMacDonall, DCR Seth MANAGMENT BOARD DIRECTORS eS Sumer (Cet et ce MF Bion, PI. Conits as Cente Cres Mana Cpe ae cla Pick ni Say Discount Supermarket 4 June 2001 DIRK COETZEE PICK n PAY LONGBEACH Dear Dirk This note serves to confirm that you will be taking over Nothandi Magodla’s VW Jetta when he leaves the Western Cape Region on study leave on the 1* August 2001. ‘The mileage on the car stands at 35,000 at present and this Car will be returned to Nothandi when she returns to Pick n Pay on the 1 August 2002. Happy motoring Kind regards NICK BADMINTON Managing Director Retail Pick n Pay Bye fa ANNE en ac a Te cas DIRECTORS ‘Non Geral Magn etre Do MaxaGener goat DIRECTORS 1b dcerman Carman 5 Sune ea are in Nsom Canelan MK Heel, be, aumento andre fas Ragen Bnd(PiickniSJay a3 Discount Supermarket 26" June 2001 DIRK COFTZEE AND FRESH FOODS STAFF PICK n PAY LONGBEACH Dear Dirk and Fresh Foods Staff Esme Pelser has told me how impressed she was with the Deli when she visited your store on Saturday. She said it looked like opening day. I would like to compliment you and your team for the ongoing effort that you put into the Fresh Foods areas of your store. Well done and keep up the good work Kind regards ~» LLYWELLYN DYER General Manager W/Cape ‘Sf lait (Cepe Manige Ss a SED. OC Sih cae ics a cin ae a ime SeteFrom “Julian Hobson" (ay To: pi6man@pnp.co.za Date sent: Mon, 13 Aug 2001 16:14:43 +0200 Subject: Period 6 results Priority: normal ‘Congratulations on doing the numbers. | know this has taken a lot cof hard work and emotional energy - you are passionate about your customers, and there's always an emotional cost when you put yourselves on the line! The Store has surpassed our expectations. What is really pleasing is that you have kept hammering away at your problem areas, be it the stockroom or the bakery etc. They both show an enormous improvement and all credit to everyone invoived Best wishes for a successful stocktake. The next six months promises to be even better! Regards, Julian.35 Te | | Fist Hoen WT ini! a7. & 30H) Des th, anee Vasesty, pinere Thank pew fy per ie egg te accent id vole ppus baorve attics One Sort PSA Pectin fay ie thin, Rone: My Belo «0d sout. Low, Ro detiuais, auch Thank po J ask pe cuct — penn ctor, AS, Ne box af Cocties fos Re a a Sdototl for aoe Msregy, Be othe, asd (oe tele ALL ry frencts: Sea khons are Fase pe ohsop Kyet asspode Dept Wtol (uotePick ni gay GROUP OF COMPANIES 27 August, 2001 Dirk Coetzee, Western Cape Region Cape Town’ Re:_SPECIAL SHARE ISSUE Dear Dirk, As reward for the loyalty and dedication that you have shown the Company over the years, it is with great pleasure that I confirm a special allocation of share options to help build your personal shareholding in the Company: You have been allocated 20,000 share options in Pick 'n Pay Holdings Limited at R3.80 per share in terms of the rules of the Company's 1997 Share Option Scheme. Please read the attached letter explaining how the options will work and remember to exercise your option within 90 days. J really want to wish you well in your continued career with us and thank you once again for your support and commitment to the Group. Yours sincerely, &~ SEAN SUMMERS Pe il OND Fan OI SSA nk Zh Week wrk. coe fa CONTROLLING COMPANY PICK’ PAY STORES LIMITED. Rb Wo, en/ “Compan Secrtry Mi Marae BOARD OF DIRECTORS R.D. Ackerman® (Chala). M,Acharmon (Dept) Craton) SR, Susrmer” (Chief Exeetive fice, Wenckerman DG Cone’ kefede Wet Hrs Hermwn.¢ Hrhgor © kiss! Ree seme hbPick 'n Pay Centre, Comer Main and Camaground Resns. Claremont 7708 PO. Box 22087. Claremont 7738 fw, Sut ol W021) E56 1000, Fan: (021) 689.2544 jn 2 DIRK COETZEE 27 August 2001 \>44- WESTERN CAPE Dear Dirk Pi share I cheme It is part of our policy to encourage and assist employees to become shareholders in Pick ‘n Pay and to build up their stake in the Company by means of the Share Incentive Scheme. ‘As a result of your ongoing commitment to the Group | am pleased to advise the board has decided to offer you a further 20,000 Pick 'n Pay Holdings Limited Shares at R3.80 per share in terms of the rules of the Company's 1997 Share Option Scheme. You MUST exercise this option within 90 days of this offer otherwise it will lapse. No cash is payable on exercising your option but after 5 years and before 10 years have elapsed from the date of your appointment you may pay the offer price and the shares will be delivered to you. If for whatever reason you leave within 5 years you will forfeit this offer. On retirement or death you or your estate, respectively, will have the right to pay the offer price and take delivery of the shares whether or not the 5 year waiting period has elapsed. Please note that in terms of existing legislation, you will be taxed only on the gain in value of the shares between the date of this offer and the exercise date. This gain will only be taxed after 5 years of the offer date. There is no liability for fringe benefits tax. Congratulations on having this opportunity to build your Pick ‘n Pay shareholding. It is in recognition of the important contribution you are making to the success of the Company, Yours Sincerely ve ‘TRUSTEESDevelopment and Compensation { + g 4 September 2001 To : — Ditk Coetzee Long Beach cc; Llewellyn Dyer From: Linda Sacks Re : REACT SURVEY RESULTS Congratulations on achieving really good results in terms of the short-term goal campaign. It is wonderful to see that you have obtained an average of over 85% on all 6 goals. | would especially like to commend you on achieving such high scores on name badges - 100% in June, July and August. This is truly an outstanding ievernent. Well done! Thank you for all the time and energy that you have put into the short-term goal programme thus far. Kind regards fel LINDA SAACKS