STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP    JSE share code: STP

ISIN:  GG00BFWMR296

("Stenprop" or the "Company")

NO CHANGE STATEMENT, PUBLICATION OF INTEGRATED ANNUAL REPORT AND NOTICE OF ANNUAL GENERAL MEETING

27 July 2018

Shareholders are advised that the Company's integrated annual report (the "Annual Report"), incorporating the audited annual financial statements for the year ended 31 March 2018 (on which the Company's auditors expressed an unmodified audit opinion), is being dispatched today, Friday, 27 July 2018, to shareholders. The audited annual financial statements contain no changes from the provisional annual results for the year ended 31 March 2018, which were published on 7 June 2018. The Annual Report is available on the Company's website: https://stenprop.com/investors/shareholder-information/results-and-presentations/.

The Annual Report is accompanied by a notice of annual general meeting for Stenprop shareholders (the "Notice"), which annual general meeting will be held at 180 Great Portland Street, London W1W 5QZ on Wednesday, 12 September 2018 at 9:00 a.m. British Standard Time ("BST") / 10:00 a.m. South African Standard Time ("SAST"). The Notice is also available on the Company's website: https://stenprop.com/investors/shareholder-information/circulars-and-notices/.

The record date on which shareholders must be recorded in the Company's share register in order to attend and vote at the annual general meeting is Friday, 7 September 2018 by 4:30 p.m. BST / 5:30 p.m. SAST.

For further information:

Stenprop Limited                                                                                                    44(0)20 7079 6600

Paul Arenson

Patsy Watson

Julian Carey  

Numis Securities Limited (Financial Adviser)                                                  44(0)20 7260 1000

Hugh Jonathan

Vicki Paine    

Tavistock (PR Adviser)                                                                                          44(0)20 7920 3150

James Whitmore

James Verstringhe

Kirsty Allan

Instinctif Partners (SA Investor Relations and PR Adviser)                          27 (0)11 447 3030

Keagile Makgoba

Java Capital Trustees and Sponsors Proprietary Limited                              27 (0)11 722 3050

(JSE sponsor)

About Stenprop:

Stenprop is a Guernsey-registered UK REIT. The objective of the Company is to deliver sustainable growing income to its investors. Stenprop's investment policy is to invest in a diversified portfolio of UK multi-let industrial (MLI) properties with the strategic goal of becoming the leading MLI business in the UK. For further information, go to www.stenprop.com.