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 Shareholders are referred to the announcement released on 19 December 2016 and are advised that, following the passing away of the company?s Chairman, Gerald Leissner, Stephen Ball, who is currently an independent non-executive director of Stenprop, has been appointed as the Chairman of the company with immediate effect. Stenprop has a primary listing on the Main Board of the JSE and a secondary listing on the Bermuda Stock Exchange. 1 February 2017 JSE sponsor Java Capital Bermuda Stock Exchange sponsor Estera Securities (Bermuda) Limited