STENPROP LIMITED (Incorporated in Bermuda) (Registration number 47031) BSX share code: STP.BH JSE share code: STP ISIN: BMG8465Y1093 (?Stenprop? or ?the company?) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Stenprop: Name of associate: Saruga Trust Name of director and relationship to director: Paul Arenson, who is a discretionary beneficiary of the Saruga Trust Transaction date: 9 February 2018 Class of securities: Ordinary shares Number of securities: 70 000 Price per security: R17.00 Total value of transaction: R1 190 000.00 Nature of transaction: On-market purchase of shares Nature and extent of director?s interest: Indirect beneficial Clearance to deal obtained: Yes Name of associate: Saruga Trust Name of director and relationship to director: Paul Arenson, who is a discretionary beneficiary of the Saruga Trust Transaction date: 13 February 2018 Class of securities: Ordinary shares Number of securities: 121 698 Price per security: #1.03 Total value of transaction: #125 348.94 Nature of transaction: Off-market purchase of shares Nature and extent of director?s interest: Indirect beneficial Clearance to deal obtained: Yes Name of associate: Saruga Trust Name of director and relationship to director: Paul Arenson, who is a discretionary beneficiary of the Saruga Trust Transaction date: 14 February 2018 Class of securities: Ordinary shares Number of securities: 19 353 Price per security: R17.09 Total value of transaction: R330 742.77 Nature of transaction: On-market purchase of shares Nature and extent of director?s interest: Indirect beneficial Clearance to deal obtained: Yes Stenprop has a primary listing on the Main Board of the JSE and a secondary listing on the Bermuda Stock Exchange. 15 February 2018 JSE sponsor Java Capital Bermuda Stock Exchange sponsor Estera Securities (Bermuda) Limited