Steinhoff Investments: Dividend To Preference Shareholders Steinhoff Investment Holdings Limited (Incorporated in the Republic of South Africa) Registration Number 1954/001892/06 JSE Code SHFF ISIN: ZAE000068367 (“Steinhoff Investments” or “the Company “) STEINHOFF INVESTMENTS: DIVIDEND TO PREFERENCE SHAREHOLDERS The board of directors of the Company has taken a decision to declare a dividend to holders of the 15 000 000 cumulative, non-redeemable, non-participating, variable rate preference shares issued by the Company (“the Preference Shares”) in respect of the period 1 January 2018 to 30 June 2018 (“the Preference Dividend”). Accordingly, the board today declared a gross dividend of 414.02568 cents per Preference Share in respect of the Preference Dividend, payable on Monday 20 August 2018 to those holders of Preference Shares recorded in the books of the Company at the close of business on Friday 17 August 2018 At the date of declaration there were 15 000 000 (Fifteen million) Preference Shares in issue. In addition, and with reference to the previous dividend declaration announcement published on 29 June 2018 (“the 29 June 2018 Announcement”), the Company will increase the Preference Dividend by a gross amount of 10.03132 cents per share (“the Additional Dividend”). In the 29 June 2018 Announcement, the Company indicated that the Additional Dividend would amount to 6.9379 cents per share and not 10.03132 cents per share as now calculated. The Additional Dividend was increased to compensate holders for the period between the previous preference dividend declaration date, being 29 June 2018 and the eventual payment date of 23 July 2018 (both days included ). Therefore the total gross amount payable to holders (including the Additional Dividend) amounts to 424.057 cents per share. The Preference Dividend will be payable in the currency of South Africa and will be subject to a local dividend tax rate of 20%. This will result in a net dividend (including the Additional Dividend) of 339.2456 cents per Preference Share unless the Preference Shareholder is exempt from dividend tax or is entitled to a reduced rate in terms of an applicable double-tax agreement. Steinhoff Investments’ income tax reference number is 9375/046/71/2. Salient dates: 2018 Last date to trade cum dividend: Tuesday, 14 August Shares trade ex-dividend: Wednesday, 15 August Record date: Friday, 17 August Payment date: Monday, 20 August Share certificates may not be dematerialised or re-materialised between Wednesday 15 August 2018 and Friday 17 August 2018, both days inclusive. 26 July 2018 On behalf of the board of directors H Sonn: Non-executive director LJ du Preez: Executive director Sponsor: PSG Capital Date: 26/07/2018 10:32:00 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.