KAP - Kap International Holdings Limited - Competition Tribunal approval of

KAP - Kap International Holdings Limited - Competition Tribunal approval of     
the acquisition by KAP of the Steinhoff Industrial Assets                       
KAP INTERNATIONAL HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
Registration number:  1978/000181/06                                            
Share Code:    KAP                                                              
ISIN:  ZAE000059564                                                             
("KAP")                                                                         
COMPETITION TRIBUNAL APPROVAL OF THE ACQUISITION BY KAP OF THE STEINHOFF        
INDUSTRIAL ASSETS                                                               
Shareholders are referred to various announcements released on SENS and         
published in the press since 18 October 2011 and the circular posted to KAP     
shareholders dated 17 December 2011 regarding the proposed acquisition by       
KAP of the Steinhoff industrial assets from Steinhoff Africa Holdings           
(Proprietary) Limited ("the Acquisition").                                      
Shareholders are hereby advised that the Competition Tribunal of South          
Africa today, 30 March 2012 issued a Merger Clearance Certificate in terms      
of the Competition Act, unconditionally approving the Acquisition.              
KAP has therefore obtained all regulatory approvals relating to the             
Acquisition, and the consideration shares will be listed on or about 3 April    
2012.                                                                           
Paarl                                                                           
30 March 2012                                                                   
Sponsor: PSG Capital Proprietary Limited                                        
Date: 30/03/2012 16:15:01 Supplied by www.sharenet.co.za                     
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