DGAP-Ad hoc: Steinhoff International Holdings N.V.

DGAP-Adhoc: Steinhoff International Holdings N.V. : Recommended Cash Offer for Poundland Group PLC - Court sanction of scheme of arrangement

Steinhoff International Holdings N.V. / Key word(s): Acquisition/Scheme of Arrangement

15.09.2016 17:15

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.

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

15 September 2016

RECOMMENDED CASH OFFER

for

Poundland Group PLC by Steinhoff Europe AG

Court sanction of scheme of arrangement

The board of Steinhoff International Holdings N.V. ("Steinhoff") is pleased to announce that the High Court of Justice in England and Wales has today sanctioned the scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme") by which the recommended cash offer by Steinhoff Europe AG ("SEAG") for the entire issued and to be issued share capital of Poundland not already directly or indirectly owned by it (the "Offer") is being implemented.

The complete announcement and all related offer documents may be found on Steinhoff's website at http://www.steinhoffinternational.com/05-poundland- offer-disclaimer.php

Further Information

Linklaters LLP are providing legal advice to Steinhoff and SEAG.

Enquiries



Steinhoff and SEAG Tel: +27 (0)21 808 0711 Mariza Nel, Director, Corporate Services (Investor Relations) Nick Agarwal (UK Press) Tel: +44 (0)75 6810 1045 Investec Bank plc (financial adviser to Tel: +44 (0)20 7597 4000 Steinhoff and SEAG) Andrew Pinder / David Anderson Sara Hale / Henry Reast (Corporate Broking)



15.09.2016 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 ---------------------------------------------------------------------------