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 AND PUBLICATION OF ANNUAL REPORT

27 June 2019

Shareholders are advised that Stenprop's annual report, incorporating the audited annual financial statements for the year ended 31 March 2019 (on which the Company's auditors expressed an unmodified audit opinion), is being dispatched today, Thursday, 27 June 2019, to shareholders. The audited annual financial statements contain no changes from the preliminary results announcement for the year ended 31 March 2019, which were published on 6 June 2019. The annual report is available on the Company's website: https://stenprop.com/investors/results-and-presentations/. Electronic or printed copies of the annual report are available on request from the Company Secretary at sarah.bellilchi@stenprop.com.

The notice of annual general meeting of Stenprop will be posted separately on or about 31 July 2019.

For further information:

Stenprop Limited                                                                                          44(0)20 3918 6600

Paul Arenson

Julian Carey

James Beaumont

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

Charlotte Dale

Java Capital                                                                                                     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.