Block listing application STENPROP LIMITED (Registered in Guernsey) (Registration number 64865) LSE share code: STP JSE share code: STP ISIN: GG00BFWMR296 (“Stenprop” or the “Company”) BLOCK LISTING APPLICATION 24 July 2018 The board of directors of Stenprop announces that the Company has made an application to the London Stock Exchange for a block listing of 6,000,000 ordinary shares of 0.000001258 Euros each to be admitted to trading on the Specialist Fund Segment of the London Stock Exchange. The Board has determined that this authority may be utilised to facilitate the issuance of shares on the Specialist Fund Segment of the London Stock Exchange under the Company’s deferred share bonus plan and the Company’s long term incentive plan. The block listing is expected to become effective at 8 a.m. (BST) on 27 July 2018. Any issue of new ordinary shares will be notified by the Company through an announcement and the Company's website. 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. Date: 24/07/2018 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.