STEINHOFF INTERNATIONAL HOLDINGS LIMITED - CAPITALISATION SHARE AWARD : ISSUE
PRICE AND RATIO OF ENTITLEMENT
STEINHOFF INTERNATIONAL HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration Number 1998/003951/06)
Share code: SHF; ISIN : ZAE000016176
("Steinhoff" or "the Company")
CAPITALISATION SHARE AWARD : ISSUE PRICE AND RATIO OF ENTITLEMENT
Shareholders are referred to the results announcement dated 9 September 2003 and
the terms of the capitalisation share award announcement dated 17 October 2003
and are advised that the issue price of the capitalisation share award has now
been determined.
The issue price (which is the lower of the volume weighted average traded price
of Steinhoff"s shares on the JSE Securities Exchange South Africa for the three
trading days ending and including Thursday 23 October 2003, being 672 cps, and
680 cps) is 672 cps.
Based on the issue price referred to above the ratio of entitlement to
capitalisation shares will be 3,15126 shares for every 100 shares held on the
record date (7 November 2003).
Shareholders will receive capitalisation shares in the company unless they elect
by Friday, 7 November 2003 to receive the final cash dividend of 18 cents per
share in respect of the financial year ended 30 June 2003.
The salient dates applicable to the capitalisation share award as announced on
17 October 2003 remain unchanged.
Wynberg, Sandton
24 October 2003
Sponsor
PSG CAPITAL LIMITED
(Registration number 2002/017362/06)
Date: 24/10/2003 07:01:05 AM Produced by the JSE SENS Department
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