Dealings in the Company's securities by an associate of a director Stor-Age Property REIT Limited Incorporated in the Republic of South Africa (Registration number 2015/168454/06) Share Code: SSS ISIN ZAE000208963 (Approved as a REIT by the JSE) (“the Company”) DEALING IN THE COMPANY’S SECURITIES BY ASSOCIATES OF A DIRECTOR In compliance with paragraphs 3.63 to 3.66 of the Listings Requirements of the JSE Limited, the following information is disclosed in respect of transactions by the following director of the Company: Name of director: Mr GA Blackshaw Type of director: Non-executive director Nature of transaction: Off-market acquisition of ordinary shares through participation in the dividend re- investment programme Record Date for the election: 8 December 2017 Clearance given in terms of paragraph 3.66 Yes Transaction 1: Name of Associate: Fairstore Trust Relationship Trustee Number of shares obtained: 67 605 Price: R11.65 Total value: R787 598.25 Nature of interest: Indirect beneficial Transaction 2: Name of Associate: Rich Black Trust Relationship Trustee Number of shares obtained: 4 330 Price: R11.65 Total value: R50 444.50 Nature of interest: Indirect beneficial Claremont 12 December 2017 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 12/12/2017 01:15:00 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.