STENPROP LIMITED (Formerly GoGlobal Properties Limited) (Incorporated in Bermuda) (Registration number 47031) BSX share code: STP.BH JSE share code: STP ISIN: BMG8465Y1093 (?Stenprop? or ?the Company?) RESULT OF PRIVATE PLACEMENT Shareholders are referred to the announcement released on Friday, 20 February 2015 wherein the Company advised shareholders of its intention to raise up to ?35 000 000 of equity. The private placement closed on Friday, 13 March 2015 and was substantially oversubscribed. Accordingly, Stenprop has successfully raised an aggregate amount of ?35 000 000 (R457 975 013) by placing 23 333 334 shares (?the new Stenprop shares?) with invited investors at an issue price of R19.6275 per share (being the Rand equivalent of ?1.50 at an exchange rate of 13.085). The new Stenprop shares are expected to list and trade on the Alternative Exchange of the JSE Limited (? JSE?) from the commencement of trade on the JSE on Friday, 20 March 2015. Investors will have their CSDP accounts credited with the new Stenprop shares on Friday, 20 March 2015. Following the issue of the new Stenprop shares, the Company will have a total of 272 236 146 shares in issue. Java Capital acted as sole bookrunner. Stenprop has a primary listing on the Bermuda Stock Exchange and a secondary listing on the Alternative Exchange of the JSE Limited. 16 March 2015 South African corporate advisor and JSE sponsor Java Capital Bermuda Stock Exchange sponsor Appleby Securities (Bermuda) Ltd.