Results Of The Cash Dividend And Election To Receive A Capitalisation Share Award In Lieu Thereof STEINHOFF INTERNATIONAL HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/003951/06) Ordinary share code: SHF ISIN code: ZAE000016176 ("Steinhoff" or “the Company”) RESULTS OF THE CASH DIVIDEND AND ELECTION TO RECEIVE A CAPITALISATION SHARE AWARD IN LIEU THEREOF Shareholders are referred to the announcements released on the Securities Exchange News Service (“SENS”) on 21 October 2015. The offer to receive the capitalisation share award in lieu of cash dividend declared to shareholders recorded in the register on Friday, 13 November 2015, closed at 12:00 on that date. Elections to receive the capitalisation share award of 1.98270 Steinhoff shares per 100 shares held were made in respect of 2 484 934 297 ordinary shares, resulting in the issuance of 49 268 790 (being 65.2% of the maximum number of capitalisation shares that were the subject of the capitalisation share award) new ordinary shares in the Company. An adjustment to the maximum number of shares listed in respect of the capitalisation award will be made on or about Tuesday, 17 November 2015. Accordingly, a total cash dividend of R2 188 228 922.55 has been paid to shareholders who retained the cash dividend. Share certificates in respect of the capitalisation shares and cheques in respect of the dividend entitlements are in the process of being dispatched to certificated shareholders. The Central Securities Depository Participant accounts of uncertificated Steinhoff shareholders have been updated or credited, as the case may be, on Monday, 16 November 2015. Steinhoff Africa Secretarial Services (Proprietary) Limited Company Secretary Wynberg, Sandton 16 November 2015 Sponsor: PSG Capital (Proprietary) Limited Date: 16/11/2015 05:48:00 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.