Steinhoff International Holdings Limited- APPOINTMENT OF NON-EXECUTIVE DIRECTORS

Steinhoff International Holdings Limited- APPOINTMENT OF NON-EXECUTIVE DIRECTORS
Steinhoff International Holdings Limited                                        
 (Incorporated in the Republic of South Africa)                                 
(Registration number 1998/003951/06)                                            
(Share code:  SHF ISIN: ZAE 000016176)                                          
("Steinhoff" or "the company")                                                  
APPOINTMENT OF NON-EXECUTIVE DIRECTORS                                          
The directors of Steinhoff are pleased to announce the appointment with effect  
from 31 October 2002, of the following individuals as non-executive directors of
the company:                                                                    
DR FRANKLIN ABRAHAM SONN (63)                                                   
BA, HDipEd (hons), FIAC                                                         
Franklin is a former ambassador of South Africa to the United States of America 
(1995-1998) and rector and vice-chancellor of the Peninsula Technikon (1978-    
1994).                                                                          
Currently, his board positions include Africa Group Corporation (Pty) Limited as
executive chairman, Airports Company South Africa Limited, ABSA Group and Bank  
Limited, MacSteel Holdings (Pty) Ltd, Capespan Group Holdings Ltd, Sappi Limited
and Western Province Rugby (Pty) Limited. He is chairman of Kwezi V3 Engineers, 
Multimed (Pty) Ltd and Johannesburg International Airport Southern Sun Inter-   
Continental Hotel.                                                              
Franklin has been awarded several honourary degrees and awards. He published A  
Decade of Struggle in 1998 and has keen interest in the promotion of education, 
business, cultural affairs, political matters, sport, community upliftment and  
international affairs. He is very involved with educational, business and       
cultural organisations and recently has been elected as President of Die        
Afrikaanse Handelsinstituut and chancellor of the University of the Free State. 
He acts as trustee for Read Educational Trust and for the Nelson Mandela        
Children`s Fund.                                                                
JOHANNES FREDERICUS MOUTON (56)                                                 
BComm (hons), CA(SA), AEP                                                       
Jannie is the founder and chairman of PSG Group Limited, chairman of Capitec    
Bank Holdings Limited and various other companies in the PSG Group.             
Jannie started his career with Federale Volksbeleggings Limited as financial    
manager and after a period as financial director with Kanhym Limited,           
established Senekal Mouton & Kitshoff Inc, a stockbroking company and member of 
the JSE. He served as member of several JSE committees and was instrumental in  
various corporate transactions. He has 29 years of experience in financial      
management and investment banking.                                              
Other board positions include AST Group Limited, Remgro Limited and m-Cubed     
Holdings Limited.                                                               
 Adv JOHANNES NICOLAAS STEPHANUS DU PLESSIS (53)                                
BComm, LLB, SC                                                                  
Johann has been a practicing senior counsel since 1989 and was admitted to the  
bar in 1974.                                                                    
Johann practices as a trial advocate with extensive experience and exposure to a
wide range of commercial matters, which include those relating to exchange