SHOPRITE HOLDINGS LIMITED - Steinhoff / Shoprite - Renewal of joint cautionary announcement

Steinhoff / Shoprite - Renewal of joint cautionary announcement

Steinhoff International Holdings N.V.                    Shoprite Holdings Limited

                                                         (Incorporated in the Republic of South Africa)
(Incorporated in the Netherlands)
                                                         (Registration number: 1936/007721/06)
(Registration number: 63570173)
                                                         JSE Share Code: SHP
Share Code: SNH
                                                         NSX Share Code: SRH
ISIN: NL0011375019
                                                         ISIN: ZAE000166997
("Steinhoff")
                                                         ("Shoprite")


RENEWAL OF JOINT CAUTIONARY ANNOUNCEMENT


Further to the joint detailed cautionary announcement released on the Stock Exchange News Service on
14 December 2016, shareholders of Steinhoff and Shoprite (together, “the Companies”) are advised that
the Companies remain engaged in exclusive on-going negotiations regarding the potential sale of
Steinhoff’s Africa retail assets to Shoprite as set out in the aforementioned cautionary announcement
(“the Proposed Transaction”).

The Proposed Transaction, if successfully concluded, may have a material effect on the prices of the
Companies’ securities. Accordingly, shareholders of Steinhoff and Shoprite are advised to continue to
exercise caution when dealing in their Steinhoff and Shoprite securities, respectively, until a further
announcement is made.

Stellenbosch and Cape Town
31 January 2017


Financial Adviser and Transaction Sponsor to Steinhoff
Rand Merchant Bank (A division of FirstRand Bank Limited)


Sponsor to Steinhoff
PSG Capital (Pty) Ltd


Financial Adviser and Transaction Sponsor to Shoprite
Investec Bank Limited


Sponsor to Shoprite
Nedbank Corporate and Investment Banking


Legal Advisers to Steinhoff
Cliffe Dekker Hofmeyr Incorporated
Girard Hayward Incorporated
Linklaters LLP
 


Legal Advisers to Shoprite
Werksmans Attorneys

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