Grant of share rights in terms of the KAP Performance Share Rights Scheme KAP Industrial Holdings Limited Incorporated in the Republic of South Africa) Registration number: 1978/000181/06 Share Code: KAP ISIN: ZAE0000171963 (“KAP” or “the Company”) GRANT OF SHARE RIGHTS GRANT OF SHARE RIGHTS IN TERMS OF THE KAP PERFORMANCE SHARE RIGHTS SCHEME (“the 2012 Scheme”) Off-market grants of share rights over ordinary shares of no par value in KAP at R0.20 (twenty cents) per share were made on 6 December 2013 to directors within the KAP group of companies, in terms of the 2012 Scheme. These share rights, which are held directly and beneficially, shall mature on or about the third anniversary of the grant date. Vesting will be subject to the relevant performance criteria being met. Directors of the Company and of its major subsidiaries were granted the following rights: 1.1 NAME OF DIRECTOR Karel Johan Grové COMPANY KAP Industrial Holdings Limited STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 2 818 191 TOTAL RAND VALUE R563 638.20 1.2 NAME OF DIRECTOR John Peter Haveman COMPANY KAP Industrial Holdings Limited STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 1 035 166 TOTAL RAND VALUE R207 033.20 1.3 NAME OF DIRECTOR Francis William Wagner MAJOR SUBSIDIARY COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 1 246 904 TOTAL RAND VALUE R249 380.80 1.4 NAME OF DIRECTOR Theunis Roux Nel MAJOR SUBSIDIARY COMPANY Unitrans Supply Chain Solutions (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 1 054 973 TOTAL RAND VALUE R210 994.60 1.5 NAME OF DIRECTOR Gary Noel Chaplin MAJOR SUBSIDIARY COMPANY PG Bison Holdings (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 1 334 188 TOTAL RAND VALUE R266 837.60 1.6 NAME OF DIRECTOR Gavin van der Merwe MAJOR SUBSIDIARY COMPANY PG Bison Holdings (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 900 021 TOTAL RAND VALUE R180 004.20 1.7 NAME OF DIRECTOR Frans Hendrik Olivier MAJOR SUBSIDIARY COMPANY PG Bison Holdings (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 560 744 TOTAL RAND VALUE R112 148.80 1.8 NAME OF DIRECTOR Gerhardus Victor MAJOR SUBSIDIARY COMPANY PG Bison (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 668 294 TOTAL RAND VALUE R133 658.80 1.9 NAME OF DIRECTOR Justin Newton Berry MAJOR SUBSIDIARY COMPANY PG Bison (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 333 981 TOTAL RAND VALUE R66 796.20 1.10 NAME OF DIRECTOR Phillip Johannes Roux MAJOR SUBSIDIARY COMPANY PG Bison (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 342 040 TOTAL RAND VALUE R68 408.00 1.11 NAME OF DIRECTOR Leigh Randall Pollard MAJOR SUBSIDIARY COMPANY PG Bison (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 394 467 TOTAL RAND VALUE R78 893.40 1.12 NAME OF DIRECTOR Thembinkosi Siyolo MAJOR SUBSIDIARY COMPANIES PG Bison (Holdings) (Pty) Ltd KAP Manufacturing (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 474 068 TOTAL RAND VALUE R94 813.60 1.13 NAME OF DIRECTOR Paul Cornelis Thomas Schouten MAJOR SUBSIDIARY COMPANY KAP Manufacturing(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 1 427 581 TOTAL RAND VALUE R285 516.20 1.14 NAME OF DIRECTOR Corné van der Schyff MAJOR SUBSIDIARY COMPANY KAP Manufacturing(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 512 984 TOTAL RAND VALUE R102 596.80 1.15 NAME OF DIRECTOR Johannes Francois Geldenhuys MAJOR SUBSIDIARY COMPANY KAP Manufacturing (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 900 021 TOTAL RAND VALUE R180 004.20 1.16 NAME OF DIRECTOR Ugo Marco Gianni Frigerio MAJOR SUBSIDIARY COMPANY PG Bison (Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 819 803 TOTAL RAND VALUE R163 960.60 1.17 NAME OF DIRECTOR Brian Pollock MAJOR SUBSIDIARY COMPANY KAP Manufacturing(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 636 516 TOTAL RAND VALUE R127 303.20 1.18 NAME OF DIRECTOR Peter White MAJOR SUBSIDIARY COMPANY KAP Manufacturing(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 782 695 TOTAL RAND VALUE R156 539.00 1.19 NAME OF DIRECTOR Nicolaas Albertus Siebrits MAJOR SUBSIDIARY COMPANY KAP Manufacturing(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 736 311 TOTAL RAND VALUE R147 262.20 1.20 NAME OF DIRECTOR Frans Petrus Human MAJOR SUBSIDIARY COMPANY KAP Manufacturing(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 726 280 TOTAL RAND VALUE R145 256.00 1.21 NAME OF DIRECTOR Nico Boshoff MAJOR SUBSIDIARY COMPANY Unitrans Holdings(Pty) Ltd STATUS Executive Director CENTS PER SHARE 20 NUMBER OF SECURITIES 1 197 028 TOTAL RAND VALUE R239 405.60 The rights were granted to participants in terms of the 2012 Share Scheme and, accordingly, no clearance was required as contemplated in Rule 3.66 of the Listings Requirements of the JSE Limited. By order of the Board Steinhoff Africa Secretarial Services (Proprietary) Limited Company Secretary 9 December 2013 Sponsor: PSG Capital Proprietary Limited Date: 09/12/2013 01:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.