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


18 July 2018


DEALING IN SECURITIES BY A DIRECTOR OF THE COMPANY

Shareholders are advised of the following information relating to the dealing in securities by a director of Stenprop:

Name of director:                                                       Philip John Holland, non-executive director
Transaction date:                                                       17 July 2018
Class of securities:                                                    Ordinary shares
Number of securities:                                                   24 999
Price per security:                                                     #1.20
Total value of transaction:                                             #29 998.80
Nature of transaction:                                                  On-market purchase of ordinary shares on the
                                                                        London Stock Exchange through the director?s self-
                                                                        invested personal pension
Nature and extent of director?s interest:                               Indirect beneficial
Clearance to deal received in accordance with the Listings              Yes
Requirements of the JSE Limited:


For further information:
Stenprop Limited                                                        44(0)20 7079 6600
Paul Arenson
Patsy Watson
Julian Carey

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
Kirsty Allan

Instinctif Partners (SA Investor Relations and PR Adviser)              27 (0)11 447 3030
Keagile Makgoba

Java Capital Trustees and Sponsors Proprietary Limited                  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.