Results of special general meeting STENPROP LIMITED (Incorporated in Bermuda) (Registration number 47031) BSX share code: STP.BH JSE share code: STP ISIN: BMG8465Y1093 (“Stenprop” or the “Company”) RESULTS OF SPECIAL GENERAL MEETING Shareholders are advised that all the resolutions tabled at the special general meeting of shareholders held on Wednesday, 7 March 2018 (in terms of the notice of special general meeting dispatched to shareholders on 7 February 2018) were passed by the requisite majority of Stenprop shareholders. Details of the results of voting at the special general meeting are as follows: - total number of Stenprop shares that could have been voted at the special general meeting: 282,692,287; and - total number of Stenprop shares that were present/represented by proxy at the special general meeting: 95,048,929 (being 33.62% of the total number of shares that could have been voted at the meeting). Special resolutions Resolution number 1: Migration of the company to Guernsey Shares* For Against Votes Withheld^ 94,955,332 94,911,533 being 99.95% 43,799 being 0.05% 93,597 being 0.03% Resolution number 2: Adoption of the new memorandum and articles of incorporation Shares* For Against Votes Withheld^ 94,955,332 94,911,533 being 99.95% 43,799, being 0.05% 93,597 being 0.03% Extraordinary resolution Resolution number 3: Disapplication of pre-emption rights Shares* For Against Votes Withheld^ 94,808,012 88,147,486 being 92.97% 6,660,526 being 7.03% 240,917 being 0.09% *excluding abstentions ^ in relation to total shares in issue Shareholders are referred to the announcement released by the company on SENS and the BSX website on 7 February 2018 and are advised that the salient dates and times relating to the migration of the company’s jurisdiction of incorporation from Bermuda to Guernsey remain unchanged. Stenprop has a primary listing on the Main Board of the JSE and a secondary listing on the BSX. 8 March 2018 JSE sponsor Java Capital Bermuda Stock Exchange sponsor Estera Securities (Bermuda) Limited Date: 08/03/2018 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.