Finalisation announcement in respect of the Scheme of Arrangement JD GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1981/009108/06) JSE share code: JDG ISIN: ZAE000030771 (“JD Group”) FINALISATION ANNOUNCEMENT IN RESPECT OF THE SCHEME OF ARRANGEMENT JD Group shareholders (“JD Group Shareholders”) are referred to the announcement published on the Stock Exchange News Service (“SENS”) of the JSE Limited (“JSE”) on 12 June 2015, regarding the results of the general meeting (“General Meeting”) in which the special resolution to approve the scheme of arrangement (“Scheme”) and the ordinary resolution to approve the delisting of the JD Group ordinary shares from the main board of the JSE (“Delisting”), were passed by the requisite majority of votes of JD Group Shareholders present in person or represented by proxy at the General Meeting. JD Group Shareholders are advised that the Takeover Regulation Panel (“TRP”) has issued a compliance certificate in terms of section 121(b)(i) of the Companies Act, 2008 (Act No. 71 of 2008) (“Companies Act”). All conditions precedent to the Scheme have therefore been fulfilled and the Scheme is now unconditional. As no appraisal rights in terms of section 164 of the Companies Act were exercised by any JD Group Shareholder prior to or at the General Meeting the important dates and times in relation to the Scheme have been amended as detailed below: Action 2015 Application for the delisting of JD Group ordinary shares lodged with the JSE on or before Monday, 22 June Last day to trade in JD Group ordinary shares in order to be recorded in the Register on the Friday, 26 June record date (Scheme last day to trade) on Date of the suspension of the listing of the JD Group ordinary shares on the JSE on Monday, 29 June Scheme record date, being the date on which Remaining Shareholders must be recorded in Friday, 3 July the Register to receive the consideration in terms of the Scheme on Implementation date of the Scheme - payment of the consideration in terms of the Scheme and Monday, 6 July transfer of the shares held by Remaining Shareholders on Termination of the listing of JD Group ordinary shares at commencement of trade on the JSE Tuesday, 7 July on Notes: 1. JD Group Shareholders excluding Steinhoff should note that as transactions in shares are settled in the electronic settlement system used by Strate Proprietary Limited, settlement of trades takes place 5 (five) business days after such trade. Therefore persons who acquire JD Group ordinary shares on or prior to the Scheme last day to trade (being Friday, 26 June 2015) will participate in the Scheme (i.e. sell their JD Group ordinary shares to Steinhoff or any subsidiary in accordance with the Scheme). 2. All times given in this announcement are local times in South Africa. 3. The share certificates in respect of JD Group ordinary shares may not be dematerialised or rematerialised after the Scheme last day to trade. 4. JD Group will continue operations as an unlisted entity. Johannesburg 15 June 2015 Transaction sponsor Investec Bank Limited Sponsor PSG Capital Proprietary Limited Date: 15/06/2015 03:43:00 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.