Steinhoff Investments - Further Update On Financial Reporting Timeline Steinhoff Investment Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1954/001893/06) JSE Code: SHFF ISIN: ZAE000068367 STEINHOFF INVESTMENTS - FURTHER UPDATE ON FINANCIAL REPORTING TIMELINE Steinhoff Investment Holdings Limited (“Steinhoff Investments” or the “Company”) (together with its subsidiaries, the “Group”) Introduction and background Steinhoff Investments, a wholly-owned subsidiary of Steinhoff International Holdings N.V., is the issuer of Preference Shares that are listed (but currently suspended) on the JSE. On 19 June 2019 the Company gave the market an indication regarding the timing of the release of its annual financial statements ("the June Announcement"). Update Despite the Company’s best efforts, there remains a substantial amount of work in order to prepare, and then to audit, the Company’s annual financial statements. These tasks remain complex and uncertain. Unfortunately, it is clear that the timeline for publication of the annual financial statements for Steinhoff Investments disclosed in the June Announcement cannot be met. For avoidance of doubt, Steinhoff International Holdings N.V.’s audited annual financial statements for the 2017 and 2018 financial years already published earlier this year are unaffected by these delays. Revised plan and timetable Steinhoff Investments will update the market in due course regarding revised completion and publication dates. JSE Sponsor: PSG Capital Stellenbosch, 30 September 2019 Date: 30/09/2019 03:55:00 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.