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



RESULTS OF ANNUAL GENERAL MEETING


Shareholders are advised that all the resolutions tabled at the annual general meeting of shareholders held on Wednesday, 
13 September 2017 (in terms of the notice of annual general meeting dispatched to shareholders on 7 August 2017) were 
passed by the requisite majority of Stenprop shareholders.

Details of the results of voting at the annual general meeting are as follows:

    -     total number of Stenprop shares that could have been voted at the annual general meeting: 282,692,287; and
    -     total number of Stenprop shares that were voted in person or by proxy at the annual general meeting: 90,460,325
          (being 32% of the total number of shares that could have been voted at the meeting).

Special resolution

Resolution number 1: General authority to repurchase shares

Shares*                          For                              Against                       Votes Withheld^
90 460 325                       90 108 557, being 99.61%         351 768, being 0.39%          182 348, being 0.06%

Ordinary resolutions

Resolution number 2: To adopt the audited consolidated financial statements for the period 1 April 2016 to
31 March 2017

Shares*                          For                              Against                       Votes Withheld^
90 016 980                       90 016 955, being 100%           25, being 0.00%               625 693, being 0.22%

Resolution number 3: The appointment of Paul Miller as a director of the Company

Shares*                          For                              Against                       Votes Withheld^
88 700 862                       83 866 890, being 94.55%         4 833 972, being 5.45%        1 941 811, being 0.67%

Resolution number 4: The appointment of Warren Lawlor as a director of the Company

Shares*                          For                              Against                       Votes Withheld^
88 700 862                       83 866 890, being 94.55%         4 833 972, being 5.45%        1 941 811, being 0.69%

Resolution number 5: The re-election of Stephen Ball as a director of the Company

Shares*                          For                              Against                       Votes Withheld^
90 016 980                       88 607 368, being 98.43%         1 409 612, being 1.57%        625 693, being 0.22%

Resolution number 6: The re-election of Mandy Yachad as a director of the Company

Shares*                          For                              Against                       Votes Withheld^
88 700 862                       83 866 915, being 94.55%         4 833 947, being 5.45%        1 941 811, being 0.69%

Resolution number 7: The dual appointment of Stephen Ball as chairman of the board and member of the audit committee

Shares*                          For                              Against                       Votes Withheld^
90 016 980                       87 570 254, being 97.28%         2 446 726, being 2.72%        625 693, being 0.22%

Resolution number 8: The re-appointment of Deloitte LLP as auditors of the Company for the year ending 31 March 2018 and
the terms, conditions and fees of their appointment be determined by the directors of the Company

Shares*                          For                               Against                       Votes Withheld^
90 016 955                       90 016 955, being 100%            -                             625 718, being 0.22%

Resolution number 9: General authority to issue shares pursuant to the BSX listing regulations

Shares*                          For                               Against                       Votes Withheld^
87 773 605                       72 231 288, being 82.29%          15 542 317, being 17.71%      2 789 602, being 0.99%

Resolution number 10: General but restricted authority to issue shares for cash pursuant to the JSE Listings Requirements

Shares*                          For                              Against                        Votes Withheld^
87 570 784                       66 501 396, being 75.94%         21 069 388, being 24.06%       2 832 090, being 1.00%
*excluding abstentions
^ in relation to total shares in issue

14 September 2017



JSE sponsor
Java Capital


Bermuda Stock Exchange sponsor
Estera Securities (Bermuda) Limited