Steamships Trading : SST_AGM_PROXY FORM

NOTICE OF ANNUAL GENERAL MEETING

Notice is hereby given that the Ninety-Third Annual General Meeting of Stockholders will be held at Level 1, Harbourside West, Stanley Esplanade, Port Moresby, Papua New Guinea, on Friday 19th May 2017 at 12.00 noon to consider the following items of business.

1. To receive the Directors' report and accounts for the year ended 31st December 2016.

2. To elect M.R. Scantlebury, whom having been appointed by the Board during the year, automatically retires as a director in accordance with Clause 15.6 of the Constitution, and, being eligible, offers himself for re-election.

3. To re-elect directors M.R. Bromley, G. Aopi, G.J. Dunlop who retire as directors in accordance with Clause 15.3(c) of the Constitution and, being eligible, offer themselves for re-election.

4. To re-appoint the auditors and to fix their fees. PricewaterhouseCoopers, the retiring auditors, offer themselves for re- appointment.

5. To carry out any other business that may be brought before the Meeting in conformity with the Constitution.

By order of the Board M.R. Scantlebury, Secretary

Port Moresby 19th April 2017

PROXY

SEE OVERLEAF

PROXY FORM The Secretary Steamships Trading Company Limited PO Box 1, Port Moresby, Papua New Guinea

I/We, ….……………….………………………………………………………..………………………..…………. (full names) of

……………..……………………………..……………………………………………………..…………………… (address) a member of Steamships Trading Company Limited appoint G.L. Cundle, Chairman of Directors and the nominee for casting votes, or failing him the Chairman of the Meeting as my/our proxy to vote for me/us and on my/our behalf at the Annual General Meeting of the Company to be held at 12.00 noon on the 19th May 2017 and at any adjournment thereof.

Dated this …………………………..…………….………. day of ………………….…………………..……..……………..….…. 2017 Signed ……………………………………………………………………………….………………………….………………………….…

A member entitled to attend and vote is entitled to appoint a proxy who need not be a member of the Company. Proxies must be received at the Registered Office of the Company at least 48 hours before the time of the meeting. Should you desire to direct your proxy how to vote, please place a mark in the appropriate box. The Chairman vote in favour of all intends to resolutions for any undirected votes.

For	Against	Abstain
1.	To receive the report and accounts.			
2. 3.	To elect director*: (i) M.R. Scantlebury To re-elect directors*: M.R. Bromley G. Aopi G.J. Dunlop	   	   	   
4.	To Re-appoint PricewaterhouseCoopers as auditors and fix their fees at Kina 1,050,000.			

* The Board of Steamships has determined that these proposed directors meet the character and experience needs of the skills matrix determined necessary for the effective functioning of the Board.