DGAP-News: Steinhoff International Holdings N.V. : UPDATE ON DISPOSAL OF KIKA/LEINER

UPDATE ON DISPOSAL OF KIKA/LEINER
Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group")

Further to the Company's announcement on 22 June 2018 (the "Previous Announcement") regarding the agreed sale of the Kika-Leiner operating companies ("OpCos") and property companies ("PropCos"), the Company is pleased to announce that following the receipt of merger clearance from the Austrian competition authorities, the sale of the Austrian OpCos, has been completed.

The sale of the OpCos in the Czech Republic and Slovakia remains conditional upon merger clearance being received from the competition authorities in the Czech Republic and Slovakia.

The sale of the PropCos remains conditional upon the conditions as explained in the Previous Announcement.

Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group.

Stellenbosch, 13 July 2018