STENPROP LIMITED (Incorporated in Bermuda) (Registration number 47031) BSX share code: STP.BH JSE share code: STP ISIN: BMG8465Y1093 (?Stenprop? or ?the company?) DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to the acceptance on 9 June 2016 of nil cost options granted under the Stenprop Limited Amended Deferred Share Bonus Plan (?Deferred Bonus Plan?), one third of which vested immediately: Name of director: Neil Marais Transaction date: 9 June 2016 Class of securities: Nil cost options Number of securities: 15,847 Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes Name of director: Patsy Watson Transaction date: 9 June 2016 Class of securities: Nil cost options Number of securities: 92,199 Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes Name of director: Paul Arenson Transaction date: 9 June 2016 Class of securities: Nil cost options Number of securities: 115,248 Nature of transaction: Off-market acceptance of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised of the exercise of nil cost options granted on 10 June 2015 and which vested on 31 March 2016 which will result in the issuance of 4,781 shares and of the exercise of nil cost options granted on 9 June 2016 and which vested on 9 June 2016 which will result in the issuance of 5,282 shares, in each case at a deemed value of EUR1.41 per share: Name of director: Neil Marais Transaction date: 9 June 2016 Class of securities: Ordinary shares Number of securities: 10,063 Deemed total value: EUR14,188.83 Nature of transaction: Off-market exercise of nil cost options in terms of the Deferred Bonus Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes Shareholders are further advised of the following information relating to the granting on 9 June 2016 of loans for the purchase of shares under the Stenprop Limited Amended Share Purchase Plan (?Share Purchase Plan?), as follows: Name of director: Neil Marais 2 Transaction date: 9 June 2016 Class of securities: Ordinary shares Number of securities: 89,317 Price per security: EUR1.41 Total value: EUR125,938 Nature of transaction: Off-market acceptance of shares offered in terms of the Share Purchase Plan Nature and extent of director?s interest: Direct beneficial Clearance to deal received: Yes Name of associate: Jabali Enterprises Limited Name of director and relationship to director: Paul Arenson, who has a 100% beneficial interest in Jabali Enterprises Limited Transaction date: 9 June 2016 Class of securities: Ordinary shares Number of securities: 1,843,972 Price per security: EUR1.41 Total value: EUR2,600,000 Nature of transaction: Off-market acceptance of shares offered in terms of the Share Purchase Plan Nature and extent of director?s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Millicent Limited Name of director and relationship to director: Patsy Watson, who is a beneficiary of the Swallow Trust which owns 100% of Millicent Limited Transaction date: 9 June 2016 Class of securities: Ordinary shares Number of securities: 1,475,177 Price per security: EUR1.41 Total value: EUR2,080,000 Nature of transaction: Off-market acceptance of shares offered in terms of the Share Purchase Plan Nature and extent of director?s interest: Indirect beneficial Clearance to deal received: Yes 10 June 2016 JSE sponsor Java Capital Bermuda Stock Exchange sponsor: Ester Securities (Bermuda) Limited