Ad hoc: Steinhoff International Holdings N.V. : ANNOUNCEMENT OF INTERIM DISTRIBUTION OF 12 EURO CENTS PER ORDINARY SHARE

Steinhoff International Holdings N.V. / Key word(s): Miscellaneous 15.11.2016 17:44 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc announcement pursuant to Article 17 MAR STEINHOFF INTERNATIONAL HOLDINGS N.V.: ANNOUNCEMENT OF INTERIM DISTRIBUTION OF 12 EURO CENTS PER ORDINARY SHARE Stellenbosch - [15 November 2016] - Today, the management board of Steinhoff International Holdings N.V. (the "Company" or "Steinhoff"), with the approval of the Company's supervisory board, resolved to declare an interim distribution of 12 Euro cents per Steinhoff ordinary share. This amount is based on the adjusted diluted earnings per Steinhoff ordinary share of 29.5 Euro cents for the 12 month period which ended on 30 June 2016, as announced on 7 September 2016. The interim distribution will be paid in cash through the clearing systems to shareholders registered as such after the close of trading on Friday, 2 December 2016 (the "Record Date"). The last day to trade in Steinhoff shares in order to ensure that the purchaser is registered as a shareholder on the Record Date will be as follows: Wednesday, 30 November 2016 for shares traded on the Frankfurt Stock Exchange (the "FSE"). Shares held on the FSE will commence trading ex- entitlement with the commencement of trade on Thursday, 1 December 2016; and Tuesday 29 November 2016 for shares traded on the Johannesburg Stock Exchange operated by the JSE Limited (the "JSE"). Shares held on the JSE will commence trading ex-entitlement with the commencement of trade on Wednesday 30 November 2016. The Euro amount will be distributed to shareholders holding their Steinhoff ordinary shares on the FSE and for shareholders who hold their Steinhoff ordinary shares on the JSE will be exchanged and paid in South African Rand. The exchange rate applicable will be announced on 22 November 2016 (the "Finalisation Date"). The dividend payment date will be Tuesday, 6 December 2016.

 
 SALIENT DATES AND TIMES FOR SHARES                                    2016
 HELD ON THE FSE
 Last day to trade in shares on the FSE              Wednesday, 30 November
 in order to be eligible for the
 distribution
 Shares trade ex-entitlement on the FSE                Thursday, 1 December
 Record Date                                             Friday, 2 December
 Payment date                                           Tuesday, 6 December
 

Note: As a result of different settlement periods applied by the FSE (T+2) and JSE (T+3), the Last day to Trade in each jurisdiction falls on different dates, but the Record Date is aligned. Between the Finalisation Date (22 November 2016) and the Payment Date (6 December 2016) there will be an embargo on transfers between the two settlement systems, being Clearstream for the FSE and Strate for the JSE.

 
 SALIENT DATES AND TIMES  FOR SHARES                                   2016
 TRADED ON THE JSE
 ZAR equivalent distribution                           Tuesday, 22 November
 announcement date (Finalisation Date
 for JSE listed shares)
 Last day to trade in shares on the JSE                Tuesday, 29 November
 in order to be eligible for the
 distribution
 Shares trade ex-entitlement on the JSE              Wednesday, 30 November
 Record Date                                             Friday, 2 December
 Payment date                                           Tuesday, 6 December
 

Note: As a result of different settlement periods applied by the FSE (T+2) and JSE (T+3), the Last day to Trade in each jurisdiction falls on different dates, but the Record Date is aligned. Between the Finalisation Date (22 November 2016) and the Payment Date (6 December 2016) there will be an embargo on transfers between the two settlement systems, being Clearstream for the FSE and Strate for the JSE. Dividends Withholding Tax The distribution will be payable in Euro. As the Company is a South African Tax Resident, the distribution will be subject to a South African dividends' withholding tax at a dividend tax rate of 15%, resulting in a net cash distribution of 10.2 Euro cents per share, unless the relevant shareholder is exempt from South African dividend tax or is entitled to a reduced rate in terms of the applicable double tax agreement. The Company's South African income tax reference number is 9088/208/229. At the date of declaration of the distribution the company had 4,253,551,251 ordinary shares in issue. If shareholders are uncertain as to the tax treatment, they should consult their own tax advisors. Final dividend This interim dividend, including any additional declaration recommended by the Management and Supervisory boards, will be presented to shareholders for approval as the final dividend at the group's annual general meeting scheduled to be held on 14 March 2017 in Amsterdam. Shareholders are referred to the shareholders diary available on the Company's website www.steinhoffinternational.com. Future dividends With reference to the change of year end approved by shareholders on 30 May 2016, declarations in respect of future financial years will be made after the publication of the annual results of the Company and will be presented for approval by the shareholders at the respective annual general meetings, scheduled to be held in March annually. Steinhoff International Holdings N.V. Management Board 15 November 2016 15.11.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Steinhoff International Holdings N.V. Herengracht 466 1017 CA Amsterdam Netherlands Phone: +27218080700 Fax: +27218080800 E-mail: investors@steinhoffinternational.com Internet: www.steinhoffinternational.com ISIN: NL0011375019 WKN: A14XB9 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange End of Announcement DGAP News-Service ---------------------------------------------------------------------------