Posting Of Notice Of Annual General Meeting

STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP JSE share code: STP

ISIN: GG00BFWMR296

("Stenprop" or the "Company")

POSTING OF NOTICE OF ANNUAL GENERAL MEETING

31 July 2020

Shareholders are advised that Stenprop's notice of annual general meeting (the "Notice") has been dispatched to shareholders today, Friday, 31 July 2020. The Notice is available on the Company's website:

https://stenprop.com/investors/circulars-and-notices/.

The annual general meeting of the Company will be held on Wednesday, 16 September 2020 at 9.00 a.m. BST / 10.00 a.m. SAST.

The record date on which shareholders must be recorded in the Company's share register in order to attend and vote at the meeting is Friday, 11 September 2020 by 5.00 p.m. BST / 6.00 p.m. SAST.

For further information:

Stenprop Limited +44(0)20 3918 6600

Paul Arenson ([email protected])

Julian Carey ([email protected])

James Beaumont ([email protected])

Numis Securities Limited (Financial Adviser) +44(0)20 7260 1000

Hugh Jonathan

Vicki Paine

Justin Bell

FTI Consulting +44(0)20 3727 1000

Richard Sunderland [email protected]

Richard Gotla

Indraneel Bose

Java Capital Trustees and Sponsors Proprietary Limited +27 (0)11 722 3050

(JSE Sponsor)

About Stenprop:

Stenprop is a UK REIT listed on the LSE and the JSE. The objective of the Company is to deliver sustainable growing income to its investors. Stenprop's investment policy is to invest in a diversified portfolio of UK multi-let industrial (MLI) properties with the strategic goal of becoming the leading MLI business in the UK. For further information, go to stenprop.com.