Update On The Hearing Of The Enterprise Chamber Of The Amsterdam Court Of Appeal Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 STEINHOFF INTERNATIONAL – UPDATE ON THE HEARING OF THE ENTERPRISE CHAMBER OF THE AMSTERDAM COURT OF APPEAL Stellenbosch, 20 November 2017 – Steinhoff International Holdings N.V. ("Steinhoff" or the “Company”) refers to the ad hoc announcement released on 18 September 2017 and the press releases released on 18 and 21 September 2017, respectively, in which the Company informed the market of a hearing before the Enterprise Chamber of the Amsterdam Court of Appeal (the “Chamber”). The Board of Steinhoff today received a letter from the Chamber informing Steinhoff that it is not in a position as yet to formally issue its decision and that it is currently anticipated that a formal decision will be issued by no later than the 22nd of December 2018. The Company was advised by its Dutch counsel that such a delay is quite common and it does not signify any particular outcome whatsoever. Furthermore, the Chamber will be in its rights (and again it is quite common) should they elect to further delay the decision. The Company remains confident that the petition will be dismissed. JSE Sponsor: PSG Capital Date: 20/11/2017 05:15:00 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.