Acceptance by directors of shares offered in terms of the Stor-Age Share Purchase and Option Scheme 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 (“Stor-Age” or “the Company”) ACCEPTANCE BY DIRECTORS OF SHARES OFFERED IN TERMS OF THE STOR-AGE SHARE PURCHASE AND OPTION SCHEME In compliance with the JSE Listings Requirements, the following information is disclosed in respect of the acceptance of shares by directors in terms of The Stor-Age Share Purchase and Option Scheme: Name of director: GM Lucas Type of director: Executive director Nature of transaction: Acceptance of shares offered in terms of The Stor-Age Share Purchase Scheme Number of shares and price: 400 000 ordinary shares at R12.80 Date of acceptance of offer: 16 March 2018 Total value: R5 120 000 Nature of interest: Direct beneficial Clearance to deal obtained: Yes Name of director: SJ Horton Type of director: Executive director Nature of transaction: Acceptance of shares offered in terms of The Stor-Age Share Purchase Scheme Number of shares and price: 400 000 ordinary shares at R12.80 Date of acceptance of offer: 16 March 2018 Total value: R5 120 000 Nature of interest: Direct beneficial Clearance to deal obtained: Yes Name of director: SC Lucas Type of director: Executive director Nature of transaction: Acceptance of shares offered in terms of The Stor-Age Share Purchase Scheme Number of shares and price: 400 000 ordinary shares at R12.80 Date of acceptance of offer: 16 March 2018 Total value: R5 120 000 Nature of interest: Direct beneficial Clearance to deal obtained: Yes Claremont 19 March 2018 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 19/03/2018 12:25:00 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.