STENPROP LIMITED
(Registered in Guernsey)
(Registration number 64865)
BSX share code: STP.BH JSE share code: STP
ISIN: GG00BFWMR296
(?Stenprop? or the ?Company?)



PUBLICATION OF PROSPECTUS


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

This announcement does not constitute an offer to sell, or the solicitation of an offer to subscribe for or to buy, shares 
in any jurisdiction. This announcement is not a prospectus nor a financial promotion. Any investment in shares referred to 
in this announcement should be made only on the basis of information in the prospectus published today by Stenprop Limited in
connection with the proposed admission of its entire issued ordinary share capital to trading on the Specialist Fund Segment 
of the London Stock Exchange.

Stenprop announces it has today published a prospectus (the ?Prospectus?) in connection with the admission of its entire issued
ordinary share capital to trading on the Specialist Fund Segment of the London Stock Exchange (?Admission?).

The Prospectus has been approved by the UK Listing Authority. A copy of the Prospectus will be submitted to the National Storage
Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM and on the Company?s website at
www.stenprop.com.

Copies of the Prospectus will also shortly be available for inspection during normal business hours on any day (except Saturdays,
Sundays, bank and public holidays) at the registered office of the Company at Kingsway House, Havilland Street, St. Peter Port,
Guernsey, GY1 2QE and at the offices of Bryan Cave Leighton Paisner LLP, Adelaide House, London Bridge, London, EC4R 9HA.

It is expected that Admission will become effective and that dealings in the Company?s shares will commence at 8.00 a.m. London
time on 15 June 2018.

Enquiries:

Stenprop Limited
Paul Arenson
                                                                    44(0)20 7079 6600
Patsy Watson
Julian Carey

Numis Securities Limited (Financial Adviser)                        44(0)20 7260 1000
Hugh Jonathan
Vicki Paine

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