Steinhoff - Directors` Share Dealing

Steinhoff - Directors` Share Dealing                                            
Share Code: SHF                                                                 
ISIN: ZAE000016176                                                              
Company                        :  Steinhoff International Holdings Limited      
                                  ("SHF")                                       
Name of Director               :  Claas Edmund Daun                             
Number of securities           :  12 756 774                                    
Type of securities             :  Ordinary shares                               
Date of transaction            :  Friday, 27 September 2002                     
Nature of transaction and price:  Mr Daun, through Daun & Cie AG ("Daun &       
                                  Cie"), acquired a significant interest in a   
newly formed industrial group of private      

                                  companies, including BCM Holdings             
                                  (Proprietary) Limited and Metz Industrial     
                                  Holdings (Proprietary) Limited, whose         
business comprises, inter alia, the           

                                  manufacture of bedding and other components,  
                                  with a view of increasing its exports from    
                                  South Africa.   Daun & Cie discharged a       
portion of the purchase price payable, by the 

                                  transfer of the above number of shares to the 
                                  various vendors and their nominees.   The     
                                  shares have been valued at a price of 800     
cps, being the highest traded price per       

                                  Steinhoff share on Monday, 2 September        
                                  2002,which was the first practicable date     
                                  after the transaction has become              
unconditional. The agreements recording this  

                                  transaction were subject to a number of       
                                  suspensive conditions which included the      
                                  approval of the Competition Commission.   The 
conditions have now been fulfilled and        

                                  settlement and delivery in terms of the       
                                  relevant agreements is due to take place by   
                                  no later than 30 September 2002.              
Date: 27/09/2002 04:40:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department