SNH: STEINHOFF INTERNATIONAL HOLDINGS N.V. - Refinancing By Steinhoff Africa Retail Limited Completed

SNH: STEINHOFF INTERNATIONAL HOLDINGS N.V. - Refinancing By Steinhoff Africa Retail Limited Completed Refinancing By Steinhoff Africa Retail Limited Completed Steinhoff International Holdings N.V. (Incorporated in the Netherlands) (Registration number: 63570173) Share Code: SNH ISIN: NL0011375019 STEINHOFF - REFINANCING BY STEINHOFF AFRICA RETAIL LIMITED COMPLETED Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group") Shareholders are referred to the announcement published by Steinhoff Africa Retail Limited ("STAR") earlier today, in which STAR announced that it has successfully completed the refinancing of Group´s shareholder funding amounting to c.ZAR16 billion ("the Refinancing"). The Refinancing facilitated the repayment of the Group´s African debt. Accordingly, the Group has successfully repaid approximately EUR2 billion of African debt since January 2018. Save for working capital facilities of the automotive business and the African properties division, the Group has no remaining African debt. A copy of the STAR announcement is available on STAR´s website www.steinhoffafricaretail.co.za. 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, 23 May 2018 Date: 23/05/2018 09:35:00 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 S