Dealings in securities by a director and by associates of directors of the company 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 A DIRECTOR AND BY ASSOCIATES OF DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to the exercise of nil cost options granted on 11 June 2015, 9 June 2016 and 8 June 2017 under the Stenprop Limited Amended Deferred Share Bonus Plan (“Deferred Bonus Plan”), which vested on 31 March 2017 and 8 June 2017 and which will result in the issue of 13 737 shares at a deemed value of EUR1.237 per nil cost option: Name of director: Neil Marais Transaction date: 8 June 2017 Class of securities: Ordinary shares Number of securities exercised: 13 737 Deemed total value: EUR16 992.67 Nature of transaction: Off-market exercise of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised of the following information relating to the acceptance of nil cost options on 8 June 2017 granted under the Deferred Bonus Plan, one third of which vested immediately: Name of director: Neil Marais Transaction date: 8 June 2017 Class of securities: Nil cost options Number of securities: 11 024 Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised of the following information relating to the granting on 8 June 2017 of loans for the purchase of shares under the Stenprop Limited Amended Share Purchase Plan (“Share Purchase Plan”), as follows: Name of director: Neil Marais Transaction date: 8 June 2017 Class of securities: Ordinary shares Number of securities: 80 855 Price per security: EUR1.237 Total value: EUR100 017.64 Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of associate: Jabali Enterprises Limited Name of director and relationship to director: Paul Arenson, who has a 100% beneficial interest in Jabali Enterprises Limited Transaction date: 8 June 2017 Class of securities: Ordinary shares Number of securities: 881 897 Price per security: EUR1.237 Total value: EUR1 090 906.59 Nature of transaction: Off-market acceptance of shares offered in terms of the Share Purchase Plan Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Millicent Limited Name of director and relationship to director: Patsy Watson, who is a beneficiary of the Swallow Trust which owns 100% of Millicent Limited Transaction date: 8 June 2017 Class of securities: Ordinary shares Number of securities: 705 517 Price per security: EUR1.237 Total value: EUR872 724.53 Nature of transaction: Off-market acceptance of shares offered in terms of the Share Purchase Plan Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes 14 June 2017 JSE sponsor Java Capital Bermuda Stock Exchange sponsor Ester Securities (Bermuda) Limited Date: 14/06/2017 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.