SNH 201801040035A
Steinhoff – Management Board changes

Steinhoff International Holdings N.V.
(Incorporated in the Netherlands)
(Registration number: 63570173)
Share Code: SNH
ISIN: NL0011375019



Steinhoff – Management Board changes
Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”)



Further to the Company’s announcement of 19 December 2017 confirming the
strengthening of the Management Board through the designation of Danie van der Merwe
as acting Chief Executive Officer (CEO) and the nominations of Alexandre Nodale as
Deputy CEO and Louis Du Preez as Commercial Director, further changes to the
management of the Company have been made.


The current CFO, Ben la Grange has today stepped down as CFO and as a member of the
Management Board to focus on the preservation and procurement of liquidity in the Group,
in addition to the finalisation of the Company’s audited 2017 consolidated financial
statements and comparative statements.


Philip Dieperink will replace Ben as acting CFO pending formal appointment to the
Management Board of the Company. Philip has been with the Group in various CFO
positions since 2001, and will remain as the CFO of Steinhoff UK. The nomination of Philip
Dieperink will be submitted to the general meeting of the Company for appointment in due
course.


It is further intended that an external independent debt restructuring expert (a Chief
Restructuring Officer) will be contracted to assist with these matters and a process to
identify such person is underway.


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, 4 January 2018




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