KAP INDUSTRIAL HOLDINGS LIMITED - KAP Industrial Holdings Limited Ltd independent of Steinhoff International NV - KAP002 - KAP012

KAP Industrial Holdings Limited Ltd independent of Steinhoff International NV - KAP002 - KAP012

KAP Industrial Holdings Limited
Incorporated in the Republic of South Africa)
Registration number: 1978/000181/06

ALPHA CODE/KAP

(“KAP”, “the Company” or “the Group”)


INDEPENDENCE OF KAP

There have been various public announcements       recently   regarding
Steinhoff International NV (“Steinhoff”).

The board of KAP Industrial Holdings Limited (“KAP”) draw the attention
of shareholders to the fact that while Steinhoff is a major shareholder
in KAP, Steinhoff is not a controlling shareholder of KAP. In addition,
KAP is independently managed, controlled and funded and as a result
should be unaffected by these recent announcements.

Should you require any further information on KAP, please feel free to
contact either Reina de Waal (reina.dewaal@kap.co.za) or Ian Nel
(ian.nel@kap.co.za).


By order of the Board
Company Secretary


8 December 2017

Debt Sponsor: Nedbank Corporate and Investment Banking
Equity Sponsor: PSG Capital (Pty) Ltd

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