DGAP-News: Steinhoff International N.V.

Steinhoff - Confirmation of continued listing and update on JSE listed securities of Steinhoff Services Limited and Steinhoff Investment Holdings Limited

Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group")

The Company refers to the announcements issued today by the Johannesburg Stock Exchange (the "JSE") in relation instruments issued by wholly owned subsidiaries of the Company (the "Instruments"). The JSE also published an announcement reaffirming its position that Steinhoff International Holdings N.V. will continue to be listed and traded on the JSE.

No impact on the Steinhoff International Holdings N.V.'s listings:

Accordingly, the announcements published by the JSE relating to the Instruments issued by subsidiaries of the Company have no bearing on the listed ordinary shares of the Company. Therefore shareholders of the Company should note that the ordinary shares of the Company will continue to be listed and traded on both the Frankfurt Stock Exchange and the JSE, notwithstanding any failure by the subsidiaries to submit their annual financial statements on or before 28 February 2018.

Further detail on the JSE Announcements:

The Instruments relate to the notes issued by Steinhoff Services Limited ("Steinhoff Services") (the "Notes") under its ZAR15,000,000,000 Domestic Medium-Term Note Programme (the "Programme") and the variable rate, cumulative, non-redeemable, non-participating preference shares issued by Steinhoff Investment Holdings Limited ("Steinhoff Investments") (the "Preference Shares").

The Notes and the Preference Shares are only listed on the JSE, unlike the Company which has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE.

Possible suspension of Notes issued by Steinhoff Services

The JSE has today informed holders of the Notes (the "Noteholders") that, if Steinhoff Services fails to submit its annual financial statements on or before 28 February 2018, the Notes and the registration of the programme memorandum of Steinhoff Services will be suspended in accordance with the JSE's Debt Listings Requirements ("Debt Requirements").

The Company refers to its announcement published on 24 January 2018 in which it confirmed that Steinhoff Services is seeking the written consent of Noteholders (the "Consent") to reduce the maturity date of the Notes to 23 February 2018 by amending the terms of the Programme which would enable Steinhoff Services to settle the outstanding DMTN's amounting to ZAR 7.6 billion capital plus accumulated interest. Provided Noteholders grant the Consent, the JSE will not consider suspending the Notes on the basis that the maturity date of the Notes will have been reached prior to the due date for Steinhoff Services to submit its annual financial statements to the JSE.

The Company hereby informs Noteholders that, should the Consent not be obtained and the JSE suspends the listing of the Notes in accordance with the provisions of the Debt Requirements, trading in the Notes will no longer be possible.

Possible suspension of the Preference Shares issued by Steinhoff Investments

The JSE has today informed holders of the Preference Shares that, if Steinhoff Investments fails to submit its annual financial statements on or before 28 February 2018, the Preference Shares and the registration of the programme memorandum of Steinhoff Investments will be suspended in accordance with the JSE's Listings Requirements ("the Requirements"). The Preference shares have a face value of ZAR 1.5 billion.

The Company hereby informs holders of the Preference Shares that, should the JSE suspends the listing of the Preference shares in accordance with the terms of the Requirements, trading in the Preference Shares will no longer be possible.

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

Stellenbosch, 1 February 2018