Steinhoff – Mattress Firm Financial Restructuring Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 Steinhoff Investment Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1954/001893/06) JSE Code: SHFF ISIN: ZAE000068367 Steinhoff – Mattress Firm Financial Restructuring Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”) The Company refers to its announcement on 19 November 2018 in respect of the approval by the US Bankruptcy Court of the pre-packaged chapter 11 plan filed by its subsidiary, Mattress Firm, Inc. and its affiliates (together (“Mattress Firm”)). The Company is pleased to announce that on 21 November 2018, Mattress Firm emerged from chapter 11 after successfully completing its reorganisation pursuant to its approved chapter 11 plan. In accordance with its chapter 11 plan, Mattress Firm emerged with access to $525 million in exit financing and successfully exited approximately 660 underperforming stores. Mattress Firm believes that the reorganisation implemented by the chapter 11 plan positions it for long-term success for the benefit of all of its stakeholders. Danie van der Merwe, acting CEO of the Company said, “We are pleased that Mattress Firm has emerged from the Chapter 11 process within the 45 to 60 day timeframe initially targeted. This short process has enabled Mattress Firm to strengthen its balance sheet and optimize its store footprint, and it emerges as a stronger and more competitive company. Today’s announcement is a further positive step in the wider Steinhoff restructuring process, which continues to make good progress.” Shareholders and other investors in the Company are advised to exercise caution when dealing in the securities of the Group. JSE Sponsor: PSG Capital Stellenbosch, 22 November 2018 Date: 22/11/2018 07:05:00 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.