Posting of Report and Accounts and Notice of AGM

3 August 2016

Poundland Group plc

Posting of Report and Accounts and Notice of Annual General Meeting

Poundland Group plc, ("Poundland" or "the Group") Europe's leading single price retailer, today announces that it has posted to shareholders copies of its Annual Report and Financial Statements for the period ended 27th March 2016 together with the Notice of Annual General Meeting ("AGM") and form of proxy. Electronic copies of the Annual Report and Financial Statements and Notice of AGM are available to view on the Company's website www.poundland.com

The AGM will be held in Poundland's offices at Wellmans Road, Willenhall, West Midlands, WV13 2QT on 7th September 2016, commencing at 11.30 a.m. (or, if later, as soon as the general meeting in relation to the scheme of arrangement (the "Scheme") to implement Steinhoff Europe AG's offer for the Company has concluded or been adjourned). Further details of the Scheme and notices of the shareholder meetings to be held in connection with it will be set out in a scheme document to be sent to shareholders in due course.