Amendment to directors dealings in securities announcement

(Registered in Guernsey)
(Registration number 64865)
LSE share code: STP   JSE share code: STP
("Stenprop" or the "Company")


10 July 2019

Shareholders are referred to the announcement released on SENS on 8 July 2019, relating to the exercise of
vested nil cost options awarded under the Stenprop Limited Amended Deferred Share Bonus Plan ("Deferred
Bonus Plan") and are advised that the disclosure in respect of Neil Marais was incorrectly stated as 11,903 nil
cost options having been exercised. The actual number of nil cost options that were exercised in terms of the
Deferred Share Bonus Plan was 23,468 (at a deemed value of GBP 1.11 per nil cost option), resulting in a total
transaction value of GBP 26,049.48.

The Company intends to utilise treasury shares to settle the exercise of the nil cost options by Neil Marais,
following which the total number of treasury shares held by the Company will be 15,937,130 ordinary shares
and the total number of shares in issue less shares held in treasury will be 282,838,045.

For further information:

Stenprop Limited
Paul Arenson                                                44(0)20 3918 6600
James Beaumont
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

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

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