STENPROP LIMITED
(Incorporated in Bermuda)
(Registration number 47031)
BSX share code: STP.BH  JSE share code: STP
ISIN: BMG8465Y1093
(?Stenprop? or the ?company?)


CHANGE TO THE BOARD OF DIRECTORS


The board of directors of Stenprop (the ?board?) is pleased to advise that Warren Lawlor has been appointed as a non-
executive director of Stenprop with effect from 5 April 2017.

Previously at Java Capital, Warren has almost 17 years of experience advising listed property funds based in South Africa and
offshore. The board is confident that he will add significant value to the company. In his role as a non-executive director, he will
be particularly focussed on advising and assisting management in implementing its strategy.

6 April 2017



JSE sponsor
Java Capital