Correction - Employee Benefit Trust Share Purchase

9 April 2018

Hansteen Holdings PLC

("Hansteen" or the "Company")

Correction - Employee Benefit Trust Share Purchase

The following amendment has been made to the 'Employee Benefit Trust Share Purchase' announcement released on 5 April 2018 at 12:30pm under RNS No 9809J:

The original announcement stated that - "The Trust now holds 703,471 ordinary shares representing 0.17% of the Company's current voting rights."

The announcement should have stated that - "The Trust now holds 803,471 ordinary shares representing 0.19% of the Company's current voting rights."

All other details of the original announcement remain unchanged.

The full amended text is shown below:

Hansteen (LSE: HSTN), the investor in UK and continental European real estate, announces that it was notified by Sanne Fiduciary Services Limited, the Trustee of The Hansteen Employee Benefit Trust (the "Trust"), that on 4 April 2018, the Trust completed the purchase of 700,000 ordinary shares of 10p each in the Company at an average share price of 129.296p per share.

The Trust holds shares for the benefit of the Company's employees, including the executive directors of the Company, and in particular for the satisfying of awards made under the Company's share schemes.

The Trust now holds 803,471 ordinary shares representing 0.19% of the Company's current voting rights.

For further information:

Marco Murray

Link Company Matters Limited

Company Secretary

Tel: 020 7954 9792