Notice Of Request For Written Consent Of Noteholders STEINHOFF SERVICES LIMITED (Registration Number: 1983/006201/06) (the Issuer) NOTICE OF REQUEST FOR WRITTEN CONSENT OF NOTEHOLDERS 1. The Issuer issued a notice of request for written consent of noteholders dated on or about 24 January 2018 (the Consent Request) was delivered by the Issuer to each holder of Notes (the Noteholders) issued under the Issuer’s ZAR15,000,000,000 Domestic Medium Term Note Programme (the Programme) pursuant to the section headed “Terms and Conditions of the Notes” (the Terms and Conditions) in the programme memorandum dated 15 December 2016 and as amended and restated from time to time (the Programme Memorandum), in accordance with Condition 19 (Notices) of the Terms and Conditions for the purposes of obtaining the Noteholders’ written consent to amend and restate the Terms and Conditions the Applicable Pricing Supplements (as defined below) in order to reduce the maturity date and to make consequential changes to the Applicable Pricing Supplements. 2. Capitalised terms used herein which are not otherwise defined shall bear the meaning ascribed thereto in the Terms and Conditions. 3. The Issuer seeks the Noteholders’ consent in accordance with Condition 20 (Amendment of these Conditions) of the Terms and Conditions to reduce the Maturity Date in each of the Applicable Pricing Supplements (as defined below) to 23 February 2018. 4. The following Applicable Pricing Supplements relating to the Notes currently Outstanding pursuant to the Programme Memorandum (the Applicable Pricing Supplements) will be amended and restated: 4.1.1. Applicable Pricing Supplement for the Notes issued under stock code SHS22 (the SHS22 Notes); 4.1.2. Applicable Pricing Supplement for the Notes issued under stock code SHS23 (the SHS23 Notes); 4.1.3. Applicable Pricing Supplement for the Notes issued under stock code SHS24 (the SHS24 Notes); 4.1.4. Applicable Pricing Supplement for the Notes issued under stock code SHS25 (the SHS25 Notes); and 4.1.5. Applicable Pricing Supplement for the Notes issued under stock code SHS26 (the SHS26 Notes); 4.1.6. Applicable Pricing Supplement for the Notes issued under stock code SHS28 (the SHS28 Notes); 4.1.7. Applicable Pricing Supplement for Tranches 1, 2 and 3 of the Notes issued under stock code SHS30 (the SHS30 Notes); 4.1.8. Applicable Pricing Supplement for Tranches 1, 2 and 3 and 4 of the Notes issued under stock code SHS31 (the SHS31 Notes); 4.1.9. Applicable Pricing Supplement for the Notes issued under stock code SHS32 (the SHS32 Notes); 4.1.10. Applicable Pricing Supplement for the Notes issued under stock code SHS33 (the SHS33 Notes); and 4.1.11. Applicable Pricing Supplement for the Notes issued under stock code SHS34 (the SHS34 Notes). 5. The Noteholders are requested to provide their consent to the abovementioned proposals by completing the Consent Notice annexed hereto as Schedule 1 and delivering same to the registered office of the relevant CSD Participant that provided said Noteholder with the Consent Notice, and providing a copy thereof to The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking Division and the Issuer by no later than 17h00 on 20 February 2018 in accordance with the terms and conditions of Schedule 1. The relevant CSD Participant will then notify Strate Proprietary Limited of the total number of Consent Notices received, both in favour and not in favour of the proposed amendments. 6. The changes marked-up against each of the Applicable Pricing Supplements for the listed Notes are available on Issuer’s website at www.steinhoffinternational.com. 7. This Notice is being delivered to Strate Proprietary Limited in accordance with Condition 20 (Amendment of these Conditions) of the Terms and Conditions as read with Condition 19 (Notices) of the Terms and Conditions. The Standard Bank of South Africa Limited Debt Sponsor Date: 24 January 2018 SCHEDULE 1 For completion by Noteholders in terms of Condition 20 (Amendment of these Conditions) of the Terms and Conditions. CONSENT NOTICE A We refer to the Notice of request for written consent of Noteholders dated on or about 24 January 2018 and provided in accordance with Condition 20 (Amendment of these Conditions) of the Terms and Conditions as read with Condition 19 (Notices) of the Terms and Conditions (the Consent Request). B Defined terms used in this Consent Notice (the Consent Notice) shall have the meanings given to them in the Consent Request unless otherwise indicated. I/We being a holder/holders of Notes issued by the Issuer under the Programme hereby confirm: 1. [I/We currently hold [insert Nominal Amount of Notes held] with Stock Code [SHS22]/[SHS23]/[SHS24]/[SHS25]/[SHS26]/[SHS28]/[SHS30]/[SHS31 ]/[SHS32]/[SHS33]/[ SHS34]. 2. We acknowledge receipt of the Consent Request, in which the Issuer seeks the written consent of Noteholders to amend and restate the Applicable Pricing Supplements pertaining to the Outstanding Notes. 3. We hereby [consent/do not consent] in terms of Condition 20 (Amendment of these Conditions) of the Terms and Conditions to the proposed amendments as set out above and as contained in the Applicable Pricing Supplements referred to in the Consent Request. SIGNED at _____________ on this the _________ day of________ 2018. For and on behalf of [INSERT NOTEHOLDER] ________________________________ ________________________________ Name: Name: Capacity: Authorised signatory Capacity: Authorised signatory Who warrants his/her authority Who warrants his/her authority hereto hereto NOTES This Consent Notice must be lodged with the relevant CSD Participant of each Noteholder (that provided said Noteholder with the Consent Notice), as follows: 1. in respect of the relevant CSD Participant, either the original form may be lodged at the registered address of such CSD Participant or a copy of the form may be faxed or emailed to such CSD Participant (with the original to follow shortly thereafter); 2. on receipt of this Consent Notice, the relevant CSD Participant must then notify Strate Proprietary Limited of the total number of Consent Notices received, both in favour and not in favour of the proposed amendments by fax to Strate Proprietary Limited for the attention of Steven Ingleby at fax number +27 11 759 5500) or by e-mail to steveni@strate.co.za copying cdadmin@strate.co.za by no later than 17:00 on 20 February 2018; and 3. a copy of the form must be emailed the Issuer, for the attention of Johan Geldenhuys johan.geldenhuys@steinhoff.co.za, by no later than 17:00 on 20 February 2018. 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