Dealings by associates of Directors 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”) DEALINGS BY ASSOCIATES OF DIRECTORS In compliance with paragraphs 3.63 to 3.66 of the JSE Listings Requirements, the following information is disclosed in respect of dealings in the Company’s shares by associates of directors: Names of directors: S Lucas, G Lucas and S Horton Name of associate: Stor-Age Property Holdings Proprietary Limited (“SPH”) Relationship: S Lucas, G Lucas and S Horton are directors of SPH Nature of transaction: Off-market acquisition of ordinary shares in terms of the Company’s Dividend Re-Investment Programme Clearance to deal obtained: Yes Nature of interest: Indirect beneficial Date of transaction: 12 December 2018 Number of shares acquired: 295 051 Price: R12.00 per share Total value: R3 540 612.00 Names of directors: S Lucas, G Lucas and S Horton Name of associate: The Stor-Age Property Holdings Trust (“SPH Trust”) Relationship: S Lucas, G Lucas and S Horton are trustees and ultimate beneficiaries of The SPH Trust Nature of transaction: Off-market acquisition of ordinary shares in terms of the Company’s Dividend Re-Investment Programme Clearance to deal obtained: Yes Nature of interest: Indirect beneficial Date of transaction: 12 December 2018 Number of shares acquired: 30 747 Price: R12.00 per share Total value: R368 964.00 Names of directors: S Lucas and G Lucas Name of associate: The LJL Trust Relationship: S Lucas and G Lucas are trustees and beneficiaries of The LJL Trust Nature of transaction: Off-market acquisition of ordinary shares in terms of the Company’s Dividend Re-Investment Programme Clearance to deal obtained: Yes Nature of interest: Indirect beneficial Date of transaction: 12 December 2018 Number of shares acquired: 8 156 Price: R12.00 per share Total value: R97 872.00 Names of directors: S Lucas, G Lucas and S Horton Name of associate: SPH Relationship: S Lucas, G Lucas and S Horton are directors of SPH Nature of transaction: Off-market acquisition of ordinary shares Clearance to deal obtained: Yes Nature of interest: Indirect beneficial Date of transaction: 12 December 2018 Number of shares acquired: 20 000 Price: R12.12 per share Total value: R242 400.00 Claremont 12 December 2018 Sponsor Questco Corporate Advisory (Pty) Ltd Date: 12/12/2018 04:03:00 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.