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Mon 6 Nov 2006, 12:55 Deutsche Bank AG - Steinhoff International Holding
JSE   SHFDBB
 DEUT                                                                            
Deutsche Bank AG - Steinhoff International Holdings Ltd Warrants Notice         
Holders of the warrants listed below are referred to the notice to shareholders 
of Steinhoff International Holdings Limited, regarding the Steinhoff            
International Holdings Limited"s corporate action.                              
Deutsche Bank AG will make the following adjustments to the terms and conditions
of the warrants below: -                                                        
Warrants                                                                        
Code   ISIN Code      Type  Expiry   Previous  Adjusted  Previous  Adjusted     
                                     Strike    Strike    Cover     Cover        
                                     Price     Price     Ratio     Ratio        
SHFDBB ZAE000084034   AC    7 June   23.5      23.1406   10        9.847        
2007                                                
The above adjustments will be made from the start of trading on 6 November 2006.
The effects of the adjustments will place the holders in the same position, had 
the corporate action not taken place.                                           
For further information contact Deutsche Securities (Pty) Limited, 3 Exchange   
Square, 87 Maude Street, Sandton: (X-markets  - Tel (011) 775-7944 or           
email x-markets.southafrica@db.com )                                            
6 November 2006                                                                 
Date: 06/11/2006 12:55:04 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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