SNH: STEINHOFF INVESTMENT HOLDINGS LIMITED - Update On Disposal Of Kika/Leiner

SNH: STEINHOFF INVESTMENT HOLDINGS LIMITED - Update On Disposal Of Kika/Leiner Update On Disposal Of Kika/Leiner 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 UPDATE ON DISPOSAL OF KIKA/LEINER Steinhoff International Holdings N.V. (the "Company" and with its subsidiaries, the "Group") Further to the Company´s announcement on 22 June 2018 (the "Previous Announcement") regarding the agreed sale of the Kika-Leiner operating companies ("OpCos") and property companies ("PropCos"), the Company is pleased to announce that following the receipt of merger clearance from the Austrian competition authorities, the sale of the Austrian OpCos, has been completed. The sale of the OpCos in the Czech Republic and Slovakia remains conditional upon merger clearance being received from the competition authorities in the Czech Republic and Slovakia. The sale of the PropCos remains conditional upon the conditions as explained in the Previous Announcement. 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, 13 July 2018 Date: 13/07/2018 03:20:00 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.