Dealings by a director and by an associate of a director of the company STENPROP LIMITED (Registered in Guernsey) (Registration number 64865) LSE share code: STP JSE share code: STP ISIN: GG00BFWMR296 (“Stenprop” or the “Company”) DEALINGS BY A DIRECTOR AND BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY 11 March 2020 Shareholders are advised of the following information relating to dealings in the Company’s securities by a director and by an associate of a director: Name of director: Julian Carey Transaction date: 6 March 2020 Class of securities: Ordinary shares Number of securities sold: 31,623 Price per security: 15,749 shares at GBP 1.27 15,874 shares at GBP 1.26 Deemed total value of the transaction: GBP 40,002.47 Nature of transaction: On-market sale Nature and extent of director’s interest: Direct beneficial Clearance to deal: Yes Name of director: Julian Carey Transaction date: 6 March 2020 Class of securities: Ordinary shares Number of securities purchased: 15,713 Price per security: GBP 1.272 Deemed total value of the transaction: GBP 19,986.94 Nature of transaction: On-market purchase through the director’s stocks and shares ISA Nature and extent of director’s interest: Direct beneficial Clearance to deal: Yes Name of associate: Rebecca Carey Name of director: Julian Carey Relationship to director: Spouse of Julian Carey Transaction date: 6 March 2020 Class of securities: Ordinary shares Number of securities purchased: 15,751 Price per security: GBP 1.2697 Deemed total value of the transaction: GBP 19,999.04 Nature of transaction: On-market purchase through the associate’s stocks and shares ISA Nature and extent of director’s interest: Not applicable Clearance to deal: Yes For further information: Stenprop Limited Paul Arenson 44(0)20 3918 6600 Julian Carey James Beaumont 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 www.stenprop.com. Date: 11-03-2020 04:00:00 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.