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15-Nov-2018
(6)
NSX.TUC: TRUSTCO GROUP HOLDINGS LIMITED - Addressing the False Presentation Distributed About Trustco

ADDRESSING THE FALSE PRESENTATION DISTRIBUTED ABOUT TRUSTCO

Trustco shareholders (`Shareholders`) are referred to the SENS announcement published on 16

October 2018 regarding a false anonymous presentation.

After obtaining external legal advice on how to address the distribution of the fraudulent presentation

and to ensure that the author/s and peddlers of the presentation are held accountable, a complaint

has been laid against various suspects at the Specialised Commercial Crimes Unit. The South African

Police Service registered the complaint under case number CAS 525/11/2018.

The Board believes it has a responsibility towards all stakeholders to protect them against any possible

criminal behavior perpetrated by any individual or institutions.

Windhoek, Namibia

2018/11/15

Amanda Bruyns

Company Secretary: Trustco Group Holdings Limited

JSE Sponsor

Vunani Corporate Finance

NSX Sponsor

Simonis Storm Securities Proprietary Limited

Date: 15/11/2018 03:50:00
15-Nov-2018
(Official Notice)
Trustco shareholders ("Shareholders") are referred to the SENS announcement published on 16 October 2018 regarding a false anonymous presentation.



After obtaining external legal advice on how to address the distribution of the fraudulent presentation and to ensure that the author/s and peddlers of the presentation are held accountable, a complaint has been laid against various suspects at the Specialised Commercial Crimes Unit. The South African Police Service registered the complaint under case number CAS 525/11/2018.



The board believes it has a responsibility towards all stakeholders to protect them against any possible criminal behavior perpetrated by any individual or institutions.
25-Oct-2018
(6)
16-Oct-2018
(6)
16-Oct-2018
(Official Notice)
08-Oct-2018
(Official Notice)
02-Oct-2018
(Official Notice)
Trustco shareholders are referred to the press release issued by the Financial Sector Conduct Authority (?FSCA?) on 29 March 2018 wherein the FSCA advised that it was investigating transactions in Trustco securities for insider trading (Investigation reference number TT0/400).



It should be noted that these investigations are not into the affairs of Trustco but into trading in Trustco securities on the stock exchange.



Shareholders are advised that the FSCA has completed its above investigation and found no evidence of insider trading. Accordingly, the above investigation has been closed by the FSCA.
28-Sep-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are advised that the Company has entered into advanced negotiations, which if successfully concluded may have a material effect on the price of the Company?s securities. A full announcement regarding these transactions are expected to be made within the next 21 (twenty one) days. Accordingly, Shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made.
25-Sep-2018
(Official Notice)
Trustco Shareholders (?Shareholders?) are referred to the SENS announcements released on 7 July 2017, 26 October 2017, the circular posted to shareholders on 26 September 2017 and the terms and definitions therein relating to the Specific Issue of Shares for Cash to Riskowitz Value Fund (?the Specific Issue?).



In terms of the Specific Issue, Shareholders were advised that the total number of shares to be issued was 58 823 529 Shares, with 55 000 000 Shares being issued to the Riskowitz Value Fund on 26 October 2017. Shareholders are advised that Trustco has issued and listed the remaining 3 823 529 Shares with effect from the commencement of business today, at an issue price of R4.25 per Share, in accordance with the Specific Issue. Following the listing of the additional securities, there will be 974 265 619 Shares in issue.

21-Sep-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the circulars dated 11 September 2015 and 11 May 2017 and the announcements published on the Stock Exchange News Service (?SENS?) on 24 July 2018 and 4 September 2018 and definitions therein relating to the Huso Transaction respectively.



Shareholders were advised that after receiving a mining license, valid for a 15 (fifteen) year period the Huso Transaction, as amended, has become effective and unconditional and as such the Huso Transaction has closed on 31 August 2018.



Shareholders are further referred to the terms of the Huso Transaction where the total purchase consideration shall be payable by way of an issue of Trustco shares (?Shares?) to the Seller or nominee. Shareholders are herewith advised that the initial payment has been issued to the Seller?s nominee on 21 September 2018 in terms of the Huso transaction.



Trustco has therefore issued and listed an additional 143 300 000 Shares with effect from the commencement of business today, at an issue price of R4.69 per Share. Following the listing of the additional securities, there will be 970 442 090 Shares in issue.
20-Sep-2018
(Official Notice)
The board of directors of Trustco advised that at the Annual General Meeting of shareholders held on 20 September 2018 (?AGM?), all the resolutions, as set out in the Integrated Annual Report posted to shareholders on 30 July 2018, were duly approved by the requisite majority of shareholders present and voting.
04-Sep-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the announcement and definitions therein published on the Stock Exchange News Service (?SENS?) on 24 July 2018 relating to the Huso Transaction. Shareholders were advised that the Huso Transaction was still subject to the fulfilment of certain conditions (?Conditions Precedent?). The fulfilment of the Conditions Precedent would be regarded as the closing date for the Huso Transaction (i.e the date on which the Huso Transaction becomes effective). The only outstanding Condition Precedent was the issuing of a mining license to NNDC by the Ministry of Mines and Energy (?MME?), in terms of the Minerals Act No 33 of 1992 (?Minerals Act?). NNDC received a notice of preparedness to grant application for mining license for a period of 15 (fifteen) years in terms of the Minerals Act from MME on 20 July 2018 (?the Notice?) which notice was subject to acceptance of the terms and conditions by NNDC. NNDC subsequently accepted the Notice.



Closure of the Huso Transaction

Trustco is pleased to announce receipt of a mining license issued in terms of the Minerals Act to NNDC by MME on 4 September 2018. The mining license is valid for a 15 (fifteen) year period from 31 July 2018 to 30 July 2033. The Huso Transaction, as amended, has now become effective and unconditional and as such the Huso Transaction has closed.
31-Aug-2018
(Official Notice)
10-Aug-2018
(Official Notice)
07-Aug-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the circular dated 5 April 2018 (?Circular?) regarding the disposal of a 20% interest in Legal Shield Holdings (Pty) Ltd (?Disposal?) to Riskowitz Value Fund (?the Purchaser?) and the SENS announcement dated 15 May 2018 where Shareholders were advised that at the general meeting, the Disposal was duly approved by 99.77% of Shareholders present and voting.



The terms of the Disposal determined that the Purchaser would pay the outstanding purchase price together with interest thereon on or before 31 January 2019 (?the Due Date?). The board of directors of Trustco is pleased to advise Shareholders that the Purchaser has settled the full outstanding purchase price, together with the interest thereon on 3 August 2018 ahead of the Due Date.
31-Jul-2018
(Official Notice)
The board of directors of Trustco (?Board?) is pleased to advise shareholders that the Company has, following the resignation of Sasfin Capital Proprietary Limited as the Company?s JSE Equity Sponsor and Debt Sponsor with effect from 31 July 2018:

- appointed Vunani Limited through Vunani Corporate Finance (?Vunani?) to act as Trustco?s JSE Equity Sponsor with effect from 1 August 2018; and

- appointed Merchantec Proprietary Limited (?Merchantec Capital?) to act as Trustco?s Debt Sponsor with effect from 1 August 2018.

30-Jul-2018
(Official Notice)
Shareholders are advised that the audited annual financial statements of Trustco for the year ended 31 March 2018 (?Annual Financial Statements?), together with the notice of annual general meeting have been published today, 30 July 2018 and contain no modifications to the Reviewed Condensed Consolidated Provisional Financial Statements for the year ended 31 March 2018 (?Financial Results?) released on the Stock Exchange News Service (?SENS?) on 29 June 2018.



Shareholders are further advised that copies of the full integrated annual report and the Annual Financial Statements are available for downloading on Trustco?s website at the following website: www.tgh.na or, upon enquiry, a printed version may be requested from the Company Secretary at amandab@tgh.na



Notice of AGM

Notice was given that the annual general meeting of shareholders of the Company in respect of the year ended 31 March 2018 will be held at Trustco House, 2 Keller Street, Windhoek, on 20 September 2018 at 10H00 (Namibian time) to conduct the business stated in the notice of annual general meeting.
24-Jul-2018
(Official Notice)
12-Jul-2018
(Official Notice)
29-Jun-2018
(C)
Revenue for the year fell to NAD800.9 million (2017: NAD1.248 billion), gross profit decreased to NAD526.7 million (2017: NAD1.038 billion), profit attributable to owners of the company dropped to NAD178.8 million (2017: NAD530 million), while headline earnings per share weakened to NAD27.19 cps (2017: NAD70.75 cps).



Dividend

During the year under review, the board recommended that no dividend be declared for the financial period ended 31 March 2018.



Changes to the board

Mr J Mahlangu, an independent non-executive director, resigned on 22 April 2018. On 26 April 2018, Prof LJ Weldon and Ms KN van Niekerk were appointed as independent non-executive directors.
29-Jun-2018
(Official Notice)
Trustco advised Trustco shareholders (?shareholders?) of the following changes to the board of Trustco Resources (Pty) Ltd. (?Trustco Resources?), a subsidiary of Trustco.



Appointment

Trustco Resources has approved the appointment of the following independent non-executive director with effect from 22 June 2018:

* Mr Richard Chetwode (?Richard?)
29-Jun-2018
(Official Notice)
The Trustco board announce that Professor Lana Joy Weldon, currently an independent non-executive director, has been appointed as the Lead Independent Non- Executive Director with effect from 29 June 2018.



Trustco currently has an Independent Non-Executive Director as chairman of the board, the highly esteemed Advocate Raymond Heathcote, SC, a Namibian citizen who served as an acting judge of the High Court of Namibia in 2005, 2007, 2009 and 2011. Advocate Heathcote is a member of the Society of Advocates and was honoured by being appointed as senior counsel in 2009.



The King IV report on corporate governance recommends that a company appoint a lead independent director to fulfil various functions inter alia to serve as sounding board for the chairman and in his absence, act in his stead.



Trustco relishes the challenge to maintain its status as forerunner of corporate governance and international best practices. Both board and management welcome the opportunity to be testbed of the new King IV report with regards to the highest standards of transparency.
27-Jun-2018
(Official Notice)
05-Jun-2018
(Official Notice)
Trustco is pleased to advise Trustco shareholders (?Shareholders?) of the following operational update related to Meya Mining?s exploration program and wishes to inform Shareholders of following operational activities:

-Whilst development at the Bardu and Waterloo bulk samples are ongoing, Meya extracted more kimberlite from the Meya River bulk sample approximately 375 metres above mean sea level (?mamsl?) along a 100m strike of Dyke Zone B. This sample produced 2 325.17 carats during the first pass of the Run of Mine (?RoM?) material through the plant, including a 11.09 carat Type_ IIa diamond which was sold for USD 13 014.70 per carat.

-A second pass of the DMS tailings audits from the Meya River domain, crushed down from 12 mm to 8 mm yield an additional 969.95 carats whilst similar audits from the Bardu sample yielded 232.34 carats.

-All three diamonds parcels (RoM and DMS audit tailings) were sold on tender in Antwerp during the third week of May 2018. Notwithstanding the overall smaller size distribution, from the DMS audit tailings, the average price per carat achieved, exceeded expectations.

-In addition to Dyke Zone B, Meya started exploration on the Simbakoro Dyke, which is located some 800m north of Dyke Zone B running on a parallel orientation. Excavations on the Dyke indicate a potential strike length of ?2.7km. Initial observations indicate strong geological correlation to Dyke Zone B in that it also contains abundant olivine macrocrysts and garnets. Samples were collected for export to Canada for further analysis. Resource development work is scheduled to delineate the dyke as well as to collect a bulk sample which will enable inclusion in the Resource Statement scheduled for the latter part of 2018.



Meya Mining?s Competent Person, SRK Canada, is in the process to compile an interim report regarding the exploration progress which will include exploration results indicating the potential of the areas (dyke domains) under investigation. This report will be included in the 2018 Integrated Annual Report.
29-May-2018
(Official Notice)
Trustco announces to all its shareholders (?Shareholders?) that the Company received its annual Affirmative Action Compliance Certificate for Namibia for the period 1 March 2017 to 31 April 2018 (the ?reporting period?).



This certificate was issued by the office of the Employment Equity Commissioner on 24 May 2018 for Trustco?s Affirmative Action Report and Plan in terms of section 41 of the Affirmative Action (Employment) Act, 1998 (?Act?) of Namibia. Trustco complied with all the requirements of the Act during the reporting period.
15-May-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the circular dated 5 April 2018 (?Circular?) regarding the disposal of a 20% interest in Legal Shield Holdings (Pty) Ltd. (?Disposal?). Shareholders are advised that at the general meeting held on Tuesday 15 May 2018 (?GM?), the resolutions set out below with regard to the Disposal were duly approved by the requisite majority of Shareholders present and voting.
30-Apr-2018
(Official Notice)
In compliance with paragraph 3.59 of the JSE Limited Listings Requirements, shareholders are informed of changes to the Trustco board of directors (?Board?) as set out below.



Appointment

After a successful ?Broad Member? campaign, which applied the group?s promotion of gender diversity policy for non-executive board members the Board has approved the following independent non-executive director appointments with effect from 26 April 2018:



Professor Lana Joy Weldon

Professor Weldon, a South African citizen, currently employed as an associate professor and head of subject for Governance and Auditing at the University of Fort Hare. Professor Weldon holds a B Comm Accounting (Rhodes), a B Compt Hons (Unisa), a MBA (Edinburgh Business School) and is currently reading for a PhD at Nelson Mandela University. Professor Weldon is a South African Chartered Accountant, has completed the Alternative Exchange Directors Induction Programme, is currently completing the chartered director (IODSA) qualification and is a registered assessor (SAICA).



Ms Kristin Naett van Niekerk

Ms van Niekerk, a British national and a South African and German citizen, is employed as Head of Legal and Compliance at AGCS SA. Ms van Niekerk holds a BA LLB from the University of Natal, Durban and a Masters in International Relations from the School of Oriental and African Studies (University of London). She is a qualified lawyer admitted in South Africa, England, Wales and New York including the Southern District of New York.



Both appointees will also serve as independent non-executive directors and board committee members on the subsidiary boards throughout the Trustco group.



Trustco received 63 applications for the Board member position during the campaign, most of whom were a very large number of young successful Namibian individuals, with strong leadership qualities, impressive curriculum vitae?s et al, but lacks leadership - and boardroom experience. Trustco identified the need amongst the youth (under 40?s) where young Namibian people will be given the opportunity to grow, to be challenged and to be empowered. Trustco would implement a Namibian Junior Board to empower young individuals. These appointees will be announced in due course.
23-Apr-2018
(Official Notice)
Due to time pressures at his own practice, Mr Jabulani (Jabu) Mahlangu notified the Board of his resignation as a non-executive director of the Company on 20 April 2018, which will take place with immediate effect. Mr J Mahlangu has served on the Board since 4 February 2013 and has made a significant contribution to the Trustco group.
11-Apr-2018
(Official Notice)
Further to the operational update of 21 December 2017, related to Meya Mining?s exploration program, Trustco is pleased to inform Trustco shareholders (?Shareholders?) of the following operational activities and results:

- A second kimberlite ore sample was extracted from the Meya River Sample and processed during January 2018. The Run of Mine (RoM) produced 3,668.78 carats and a second pass of the DMS tailings (DMS tailings audit), crushed down from 12mm to 8mm yield an additional 370.04 carats. The preliminary DMS tailings audit results suggests that an additional contribution exceeding 0.15 carats per tonne could be liberated if the processing plant flow sheet is adjusted from a closed size setting of 12mm to 6mm in the final crushing circuit.

- Export Parcel 005, containing 4 038.82 carats, was exported on 9 February 2018 to Antwerp and sold on tender by Miranel BVBA.

- The first kimberlite ore sample from the Bardu Sample, which is approximately 7.2 km from the Meya Sample along the same geological strike/zone, was extracted and processed during February 2018. The Bardu RoM sample produced 747.35 carats and the DMS tailings audit an additional 79.73 carats.

- Export Parcel 006, containing 2 127.02 carats (827.08 carats from Bardu and 1 299.94 carats from Meya) was exported on 15 March 2018 to Antwerp and sold on tender by Miranel BVBA.

- To conclude the Phase 1 exploration program and formulate a Resource Statement, Meya shall extract a second bulk sample from Bardu as well as sample from the Waterloo Sample, which is approximately 9 km from the Meya River sample along the same geological strike.

- The Resource Statement delineating in extend of 11.5 km strike length down to 500m below surface is being formulated by SRK Consulting Canada who continuously verify all input factors related to the resource development programme. This includes the delineation drilling program, of which 14 517 meters have been drilled to date, the bulk sampling program as well micro diamond analysis.



Meya aim to conclude the Phase 1 exploration program and related Resource Statement by end July 2018. SRK will submit a preliminary report during June 2018, which information will be included in the Integrated Annual Report 2018.
05-Apr-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the announcements published on the Stock Exchange News Service (?SENS?) on 24 November 2017, 1 February 2018 and 14 February 2018 wherein Shareholders were advised of the details pertaining to the disposal of a 20% interest in LSH (?Disposal?).



Posting of the disposal circular

A circular dated Thursday, 5 April 2018 (?Circular?) has been posted to shareholders on Thursday, 5 April 2018 and contains inter alia:

*details of the Disposal; and

*a notice convening a general meeting of Shareholders (?General Meeting?).



Shareholders are advised to review the Circular for a summary of the key terms and conditions of the Disposal, which documentation is available for viewing on the Company?s website at www.tgh.na/investors/circulars/.



Notice of the general meeting

The general meeting will be held at Trustco House, 2 Keller Street, Windhoek, Namibia, on Tuesday, 15 May 2018 at 10:00 to consider and, if deemed fit, pass, with or without modification, the resolutions necessary to implement the Disposal.



The salient dates and times relating to the general meeting are set out in the timetable below (?Timetable?). Words and expressions in the timetable and notes thereto shall have the same meaning as assigned to them in the Circular.

*Record date to determine which shareholders are entitled to receive the circular - Thursday, 29 March 2018

*Circular posted to shareholders and Notice convening the General Meeting published on SENS on Thursday, 5 April 2018

*Last day to trade shares in order to be recorded in the Namibian share register to vote at the general meeting (see note 3 below) - Monday, 30 April 2018

*Last day to trade shares in order to be recorded in the South African share register to vote at the general meeting (see note 3 below) - Monday, 30 April 2018

*Record date for shareholders to be recorded in the registers in order to be eligible to vote at the general meeting - Friday, 4 May 2018

*Forms of proxy for shareholders recorded on the registers to be received by the South African transfer secretaries and by the Namibian transfer secretaries by 10:00 on Friday, 11 May 2018

*General Meeting to be held at 10:00 on Tuesday, 15 May 2018

*Results of general meeting published on SENS on Tuesday, 15 May 2018



29-Mar-2018
(Official Notice)
Trustco Shareholders (?Shareholders?) are advised that the board has implemented an auditor?s rotation policy in line with good corporate governance practises. Trustco is currently jointly audited by:

* BDO South Africa Inc. with J Schoeman being the designated partner; and

* BDO Namibia with JSW de Vos being the designated partner.



In order to ensure the ongoing independence of the group?s auditors, Shareholders are advised that the board has initiated the following changes which will be effective from 29 March 2018:

* Moore Stephens Johannesburg will replace BDO South Africa with CA Whitefield being the designated partner; and

* M Nel will replace JSW de Vos as the designated partner for BDO Namibia.
16-Feb-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to page 46 and 47 of the Integrated Annual Report 2017 (?IAR?) (report can be viewed at www.tgh.na ) whereby reference was made to the Lafrenz Development.



Shareholders are advised that the City of Windhoek Municipality (?Municipality?) has recently approved the application for the establishment of an Industrial Township (?Approval?), which application was submitted to the Municipality on 25 March 2014. The Approval relates to Portions 81, 133 and the Remainder of Portion A of the Farm Nubuamis No 27 (?the remaining portion of the Lafrenz Development?) which are situated in the industrial hub of Windhoek.
14-Feb-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the announcement published on SENS on 24 November 2017 wherein they were advised that Trustco and Riskowitz Value Fund LP (?Purchaser?) had entered into a sale of share agreement (?Agreement?) in terms of which Trustco will dispose of 20% of the issued share capital of Legal Shield Holdings, a wholly- owned subsidiary of Trustco for R1.2 billion (?Transaction?) and the more recent update announcement dated regarding the completion of the due diligence process dated 1 February 2018.



Extension of date for the fulfilment of the suspensive conditions of the Transaction

On 13 February 2018, the company, Legal Shield Holdings and the Purchaser agreed to amend the Agreement by extending the date by which all suspensive conditions to the Transaction must be fulfilled to 30 April 2018 (previously 31 March 2018).



Circular

As the Transaction is a Category 2, related party transaction requiring the approval of Shareholders in general meeting, the company expects to despatch a circular to Shareholders regarding the Transaction by no later than 31 March 2018.
13-Feb-2018
(Official Notice)
01-Feb-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the announcement published on SENS on 24 November 2017 wherein shareholders were advised that Trustco and Riskowitz Value Fund LP (?Purchaser?) have entered into a sale of share agreement (?Agreement?) in terms of which Trustco will dispose of 20% (twenty percent) of the issued share capital of Legal Shield Holdings, a wholly-owned subsidiary of Trustco for R1.2 billion (?Consideration?) (?Transaction?).



Term of the transaction

It was provided in the Agreement that the Purchaser would conduct a due diligence on Legal Shield Holdings between 8 January 2018 and 31 January 2018. The Purchaser instructed Deloitte South Africa to conduct the Due Diligence on its behalf.



In accordance with the Agreement, the Purchaser has confirmed that the due diligence is to its satisfaction and consequently, the Purchaser will acquire 20% of Legal Shield Holdings for the Consideration.



Circular

The Transaction is a Category 2, related party transaction requiring the approval of Shareholders in general meeting. The Company is in the process of finalising the circular relating to the Transaction (?Circular?). Consequently, the Issuer Regulation Division of JSE Ltd. (?JSE?) has been approached and has granted Trustco an extension of the 60 day rule pursuant to paragraph 9.20(b) of the JSE Listings Requirements to dispatch the Circular to Shareholders. The extension has been granted until 31 March 2018.
24-Jan-2018
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the circular distributed to Shareholders on 12 January 2017 (and using the terms defined therein for the purposes of this announcement unless otherwise stated) detailing the Specific Repurchase of the Repurchase Shares held by Buckley Partners and Buckley Advisors as well as the announcement published on the SENS on 14 February 2017 wherein Shareholders were advised that the resolutions necessary to effect the Specific Repurchase had been passed.



Specific Repurchase

In terms of the Specific Repurchase, Trustco or a nominated Subsidiary, will acquire the Repurchase Shares for the Repurchase Consideration which will be transferred on or before 31 January 2018. As outlined in the Specific Repurchase Circular, the Repurchase Consideration was agreed to as a price of NAD4.80 per Share, irrespective of the trading price on the JSE or NSX resulting in a total purchase consideration of NAD200 672 534.40. The Specific Repurchase was voted on at a general meeting of the Shareholders on 14 February 2017 where it was approved by 98.53% of the shares voted (?Shareholder Approval?).



Conclusion of specific repurchase

Trustco advised Shareholders that Legal Shield Holdings (Pty) Ltd. (?Legal Shield Holdings?), being the nominated subsidiary of Trustco, has purchased the Repurchase Shares from the Repurchase Sellers at a price of NAD4.80 per Share for an aggregate consideration of NAD200 672 534.40 on 24 January 2018 (?Transfer Date?). These Shares will be held as treasury shares by Legal Shield Holdings.
19-Jan-2018
(Official Notice)
The Trustco board of directors advises shareholders that a Twitter account created during November 2017 fraudulently purports to be that of the company?s CEO, Quinton van Rooyen. Twitter has been notified of this fraudulent account. Shareholders are advised that Quinton van Rooyen has a Twitter account Twitter: @qvr_.
21-Dec-2017
(Official Notice)
Trustco advised Trustco shareholders (?shareholders?) of the following operational update:

* As per the SENS announcement dated 10 November 2017, Trustco informed shareholders of the 476.89 carat diamond discovery, known as the Meya Prosperity Diamond. Trustco now wishes to advise shareholders that the Meya Prosperity Diamond was sold for an amount of USD 16.5 million to a first tier Global jewellery brand. An additional bonus payment will be made if the largest polished stone be graded as a D Flawless. The marketing rights related to the Meya Prosperity Diamond may be utilised by Meya and its shareholders.

* Meya Mining?s board accepted the private bid after extensive deliberation and consultations with market experts and two independent valuators.



The first 5, 62 tonne in situ kimberlite from bulk sample 1, labelled as the Meya River Sample, was processed during November 2017. A total of 3 n333.23 carats was recovered, including the 476.89 carat Meya Prosperity diamond. Apart from the 476.89 carat Meya Prosperity the full sample was placed on tender, which was facilitated by Miranel BVBA in Antwerp, from 5 to 12 December 2017.



* Meya?s diamond sales to date includes a parcel of diamonds produced from the overburden / weathered kimberlite that were processed in September and sold in October 2017 as well as diamonds produced from the first bulk sample as presented in the table below.



All sales processes are facilitated by Miranel BVBA, an independent tender house operating from the diamond capital of the world, Antwerp.
07-Dec-2017
(C)
Revenue for the interim period lowered to NAD408.1 million (2016: NAD560.2 million). Income from operations decreased to NAD449.3 million (2016: NAD594.6 million). Profit for the period dropped to NAD53 million (2016: NAD166.5 million). Furthermore, headline earnings per share dropped to NAD7.11 cents per share (2016: NAD21.54 cents per share).



Dividend

The board of directors has decided to defer the declaration of any 2018 interim dividend.



Business review and outlook

During the past year, Trustco weathered increasingly difficult conditions in the Namibian economy. With Q1 and Q2 growth in Namibian GDP both showing negative growth of 1.7%, and economists predicting a similar picture for Q3, the country remained in a technical recession for the entire reporting period. This resulted in an average private sector credit extension (PSCE) growth of 7.4% as at 31 August 2017, a reduction of 4.7% from 12.1% for the 2016 corresponding period. The slow PSCE growth, evidenced by reduced growth in credit advanced to the household and corporate sectors, impacted mortgage and instalment credit the most.



Only two economic sectors in Namibia, namely mining and agriculture, managed to register strong growth for the first 8 months of 2017, which offset the negative growth for the construction, wholesale and retail trade and transport sectors.



Although growth projections for the economies of Namibia and southern Africa remain weak, the growth projections for the global economy reflect an increase of 0.4% from 3.2% to 3.6% for 2018.



A weakened ZAR/USD exchange rate further negatively impacted the growth of Namibia, given that the country remains a net importer. This exposure to a domestic economy where so many of its inputs, such as exchange rate, food prices, drought and global liquidity remain outside of the control of government as well as private sector, shows that Trustco's pursuit of cross border expansion and US dollar based revenues remains key for continued growth.



Notwithstanding the above, Trustco's operations continued to demonstrate reliable performance coupled with resilience, even in the face of adverse financial conditions.



The Board of Directors will continue to exercise its mandate to aggressively repurchase its shares as approved by the Shareholders.



06-Dec-2017
(Official Notice)
Shareholders are advised that the Group is presently finalising its interim financial results for the six month period ended 30 September 2017 (?Interim Period?).



The Group expects to report:

*Basic earnings per share (?EPS?) for the interim period of between 4.88 cents and 9.20 cents, being a decrease of between 77% and 57% respectively compared to the previous 6 month interim period ended 30 September 2016 (?Prior Year?) EPS of 21.57 cents; and

*Headline earnings per share (?HEPS?) for the interim period of between 4.89 cents and 9.19 cents, being a decrease of between 77% and 57% respectively compared to the Prior Year HEPS of 21.54 cents.



The reasons for the decrease in EPS and HEPS are:

*The Namibian economy is experiencing a technical recession having registered negative growth of 1.7% respectively for Q1 and Q2 of 2017. This negatively impacted the liquidity of the market and financial service providers in Namibia.

*In light of the lower liquidity in Namibia, Trustco did not enter into any major property transactions in its property investments segment during the interim period. However Trustco believes it remains ideally placed to help alleviate the pressures with regard to the demand for mixed use land development.

*No revenue recognition of the resources segment was included for the interim period. Trustco?s focus during the interim period was on establishing operational readiness at Meya Mine in Sierra Leone and executing phase 1 of exploration programme.

*Shareholders are advised that, historically, the second half of the financial year has usually, materially exceeded the performance of the first half due to the cyclical nature of the business.



Further details will be provided in the Group results, for the interim period, which will be released on or about 8 December 2017.



The financial information on which this trading statement is based has not been reviewed or reported on by the Group?s auditors.

24-Nov-2017
(Official Notice)
Trustco shareholders (?Trustco Shareholders?) are advised that Trustco and Riskowitz Value Fund LP (?Purchaser?) have entered into a sale of shares agreement (?Agreement?) in terms of which Trustco will dispose of 20% (twenty percent) of the issued share capital of Legal Shield Holdings, a wholly-owned subsidiary of Trustco for R1.2 billion (?Consideration?) (?Transaction?).



Consideration

The Consideration for the Transaction will amount to R1.2 billion and will be paid as follows:

- On the signature date of the Agreement, Trustco will apply an amount received from the Purchaser of R600 million as a deposit towards the Consideration (?Deposit?); and

- The balance of the Consideration will be paid by the Purchaser to Trustco within 12 (twelve) months after the successful conclusion of the due diligence which will be completed by no later than 31 January 2018.



The Consideration will be held as cash reserves and utilised in the normal course of business.



Net assets and profits attributable to Legal Shield Holdings

The value of the net assets and profits attributable to Legal Shield Holdings (?Net Assets?) as at 31 March 2017, being Legal Shield Holdings?s most recent year end was NAD2 160 431 000 and NAD 621 597 000 respectively. This financial information has been extracted from the annual financial statements for the year ended 31 March 2017. It is further agreed by Trustco and the Purchaser that Legal Shield Holdings will have the right to declare a dividend of up to R1.1 billion, prior to the Effective Date.



Withdrawal of cautionary

Shareholders are referred to the announcement published on 26 October 2016 wherein they advised to exercise caution when dealing in the Company?s securities Shareholders are hereby advised that further to the information set out in this announcement regarding the Transaction, caution is no longer required to be exercised by Shareholders when dealing in their Trustco securities.
10-Nov-2017
(Official Notice)
Trustco advised Trustco shareholders (?Shareholders?) that Meya Mining (Mauritius) (?Meya?), a 51% held subsidiary of Trustco, has discovered a 476 carat diamond. The diamond was discovered in an area spanning from the Kamara Gbense to the Tankoro chiefdoms in Kono District, Sierra Leone (?Kono District?). Meya holds a 4 (four) year exclusive diamond exploration license over the Kono District.



An initial assessment indicates that this find is the 29th largest diamond ever discovered. Any value indication of the diamond is pure speculation at this stage as the diamond has not yet been examined and assessed by the necessary experts. It is Meya?s intention to sell the diamond through an international auction. Images of this unique diamond can be viewed on Trustco?s website at https://www.tgh.na/sens-10-november/ and more information is provided on www.informante.web.na



In addition, two other special diamonds of 19.70 carats and 27.93 carats were discovered on the same day in the Kono District. Meya is in the process of completing its Resource Statement over the Kono District.
26-Oct-2017
(Official Notice)
The Board advised that at the General Meeting of Shareholders held on Thursday, the 26th of October 2017, the resolutions, as set out in the Notice which was incorporated in the Circular (and using the terms defined therein in this announcement unless otherwise stated) distributed to Shareholders on 26 September 2017, were duly approved by the requisite majority of Shareholders present and voting, in person or represented by proxy.



Shareholders are advised that:

- the total number of Shares in issue as at the date of the General Meeting was 772 142 090 Shares;

- the total number of Shares that were voted in person or by proxy was 402 078 270 Shares (which Shares excluded the Shares held by Riskowitz, Riskowitz Associates, the Chairman of the Board and the shares in treasury) being 52.073% of the total number of Shares in issue (?Shares Voted?); and

- the abstentions are represented below as a percentage of the total number of Shares in issue while the Shares voted for and against are represented below as a percentage of the Shares Voted excluding abstentions.
26-Oct-2017
(Official Notice)
Trustco shareholders (?Shareholders?) are advised that the Company has entered into advanced negotiations, which if successfully concluded may have a material effect on the price of the Company?s securities. A full announcement regarding this transaction is expected to be made within the next 14 (fourteen) days. Accordingly, Shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement is made.
19-Oct-2017
(Official Notice)
The board of directors of Trustco advises that at the AGM of shareholders held on 19 October 2017 (?AGM?), the following resolutions, as set out in the Integrated Annual Report posted to shareholders on 22 August 2017, were duly approved by the requisite majority of shareholders present and voting:



Shareholders are advised that:

*there were 772 142 090 shares in issue as at the date of the AGM;

*the total number of shares that were present in person/represented by proxy at the AGM was 544 471 216 shares being 70.51% of the total number of shares in issue.

*Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the shares voted.









26-Sep-2017
(Official Notice)
25-Aug-2017
(Official Notice)
Global Credit Rating Company (?GCR?) has affirmed Trustco?s national scale long term rating of BBB+(NA) and affirmed its short term rating of A2(NA); with the outlook accorded as stable.



GCR notes the following in its rating rationale:

- The ratings of Trustco reflect an entrenched financial services position (in education finance and mass-market insurance), and value-adding property investments in Namibia.

- Furthermore, the ratings (and outlook) consider Trustco?s very strong capitalisation, increasing operational scale, improved organisational efficiency, and long-term earnings diversification plans (which include securing and developing opportunities in the diamond sector), against a challenging domestic environment (characterised by weaker economic and property price growth rates) support the ratings.

- Significant synergies that exist between Trustco?s operating segments, and its strategy of enhancing sustainability and diversification of earnings, while prioritising stakeholder needs, support the Group?s earnings prospects.



The rating is valid until August 2018 and the full report is available at http://globalratings.net and on www.tgh.na/investors/global-credit-rating
22-Aug-2017
(Official Notice)
Shareholders are advised that the audited annual financial statements of Trustco for the year ended 31 March 2017 (?Annual Financial Statements?), together with the notice of annual general meeting will be posted on or before the 30th of August 2017 and contains no modifications to the Reviewed Condensed Consolidated Provisional Financial Statements for the year ended 31 March 2017 (?Financial Results?) released on the Stock Exchange News Service (?SENS?) on 30 June 2017, read with the Clarification announcement regarding the Financial Results, released on SENS on 3 July 2017.



Shareholders are further advised that copies of the full integrated annual report and the Annual Financial Statements are available for downloading on Trustco?s website at the following website: www.tgh.na or, upon enquiry, a printed version may be requested from the Company Secretary at amandab@tgh.na



Notice is hereby given that the annual general meeting of shareholders of the Company in respect of the year ended 31 March 2017 will be held at Trustco House, 2 Keller Street, Windhoek, on 19 October 2017 at 10H00 (Namibian time) to conduct the business stated in the notice of annual general meeting.
21-Aug-2017
(Official Notice)
07-Jul-2017
(Official Notice)
06-Jul-2017
(Official Notice)
Trustco shareholders (?Shareholders?) are advised that the Company presented it?s reviewed financial results for the year ended 31 March 2017 on the 5th of July 2017 in the capital city of Windhoek, Namibia. These presentations are available on the Company?s website www.tgh.na and more specifically:

* www.tgh.na/investors/presentations

* www.tgh.na/medianews-centre/news
04-Jul-2017
(Official Notice)
Trustco shareholders (?Shareholders?) are advised that the company has entered into advanced negotiations with a third party to conclude a transaction, upon implementation of which, the third party will acquire Trustco shares (?transaction?). It is expected that the agreement will be concluded within two weeks of this announcement.



The transaction, if successfully concluded, may have a material effect on the price of the company?s securities. Accordingly, Shareholders are advised to exercise caution when dealing in the company?s securities until a further announcement regarding the Transaction is made.









03-Jul-2017
(Official Notice)
Trustco Shareholders (?Shareholders?) are referred to the Financial Results that were published on SENS on Friday, 30 June 2017 at 17:00 hours and are advised that the figure in the ?Investments? line of the ?Depreciation and amortization? column set out in the ?Condensed Segmental Analysis? table should be R33 195 as reflected in the revised table in the relevant SENS note rather than R331 195 as set out in the Financial Results. All other line items in the Financial Results remain unchanged.
30-Jun-2017
(C)
Revenue for the year increased to NAD1.247 billion (2016: NAD1.150 billion), profit for the year rose to NAD530 million (2016: NAD419.8 million), while headline earnings per share rose to NAD70.75 cents per share (2016: NAD55.32 cents per share).



Dividend

During the year under review, the board recommended that no dividend be declared for the financial period ended 31 March 2017. The main reasons for the decision is that the board believes that Trustco shareholders would be better served over the long term by capitalising the banking and finance segment and to further invest in the resource segment. The company will also implement an aggressive share buyback programme for the next reporting period. The full integrated report including the notice of AGM will be uploaded to the company?s website and posted to the shareholders of the company who were recorded as such in the company?s securities register in due course.
29-Jun-2017
(Official Notice)
Shareholders are advised that the Group is presently finalising its annual financial statements for the year ended 31 March 2017.



The Group expects to report:

- revenue for the year ended 31 March 2017 of between NAD1.21 billion and NAD1.32 billion being an increase of between 5% and 15% compared to the financial year ended 31 March 2016 (?Prior Year?) revenue of NAD1.15 billion;

- headline earnings per share (?HEPS?) for the year ended 31 March 2017 of between 67.5 cents and 73.0 cents per share, being an increase of between 22.1% and 32% respectively compared to the Prior Year HEPS of 55.3 cents per share; and

- basic earnings per share (?EPS?) for the year ended 31 March 2017 of between 66.7 cents and 72 cents per share, being an increase of between 20.4% and 30% respectively compared to the Prior Year EPS of 55.4 cents per share.



The operating segments contributed to the consolidated group?s performance as follows:

- The Banking and Finance segment secured new funding in the amount of NAD 410 million that was utilised to consolidate the advance book. The increase in net interest earned on student advances amounted to 12.4% and interest income on the advances in the property loan book increased by 100%.

- The Investment segment revenue grew by 20% and this segment?s net profit after tax grew by 39%. The Investment segment includes education, air charters, media services and real estate development.

- Insurance segment?s net profit after tax decreased by 9% whilst revenue decreased by 20%;

- Resources segment reported an operating loss of NAD16 million, while mining assets grew to more than NAD481 million in the reporting year. The segment is believed to be a best fit in strategic opportunity to diversify the revenue stream of the group and at the same time, hedge group earnings against the fluctuation of the Namibian Dollar against the US Dollar.

- Operational expenses across the group grew by a modest 3% from the previous reporting period.



Further details will be provided in the Group results, for the year ended 31 March 2017, which will be released on or about 30 June 2017.
13-Jun-2017
(Official Notice)
The Board advised that at the General Meeting of Shareholders held on Tuesday, 13 June 2017, the resolutions, as set out in the Notice which was incorporated in the Circular (and using the terms defined therein in this announcement unless otherwise stated) distributed to Shareholders on Thursday, 11 May 2017, were duly approved by the requisite majority of Shareholders present and voting, in person or represented by proxy.
11-May-2017
(Official Notice)
05-Apr-2017
(Official Notice)
The company made the following announcement:

- Ms Marizanne van Niekerk has resigned as the financial director with immediate effect as from 5 April 2017. Her resignation as financial director of Trustco also coincides with her resignation from other board memberships within the Trustco Group, and

- Mr Floors Abrahams, currently appointed as an executive director and Group Head: Treasury, will be appointed as the Group financial director with immediate effect from 5 April 2017.
06-Mar-2017
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the announcements published on the Stock Exchange News Service (?SENS?) on 17 November 2016, 24 November 2016 and 12 January 2017 (and using the terms defined therein unless otherwise stated) wherein Shareholders were provided with details pertaining to the Amendments to the Huso Transaction and the Huso Circular.



Trustco is preparing the Huso Circular and wishes to notify Shareholders that the Huso Circular will be posted to Shareholders by no later than 31 May 2017. A further announcement will be made notifying Shareholders that the Huso Circular has been posted.
14-Feb-2017
(Official Notice)
The Board advised that at the General Meeting of Shareholders held on Tuesday, 14 February 2017, the resolutions, as set out in the Notice which was incorporated in the Circular (and using the terms defined therein in this announcement unless otherwise stated) distributed to Shareholders on Thursday, 12 January 2017, were duly approved by the requisite majority of Shareholders present and voting, in person or represented by proxy.
12-Jan-2017
(Official Notice)
24-Nov-2016
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the announcements published on the Stock Exchange News Service (?SENS?) on 17 October 2016 and 18 November 2016 (and using the terms defined therein unless otherwise stated) wherein Shareholders were advised of the terms of the Specific Repurchase. In addition, Shareholders are referred to the announcement published on SENS on 17 November 2016 (and using the terms defined therein unless otherwise stated) wherein Shareholders were advised of the Amendments to the Huso Transaction. The Specific Repurchase and the Amendments to the Huso Transaction, will be referred to collectively as the ?Transactions? in this announcement.



Combined circular regarding the transactions

A circular and shareholder approval for each of the Specific Repurchase and the Amendments to the Huso Transaction is required. Given that the Transactions were concluded within a month of each other, and further to the upcoming festive season, a ruling has been obtained from the Issuer Regulation Division of the JSE Limited which grants the Company an extension to the mandatory 60 day period for the posting of a circular pertaining to each of the transactions to 28 February 2017 (?Ruling?).



Further to the Ruling, a combined circular regarding the Transactions and incorporating a notice of general meeting will be posted to Shareholders in January 2017.



Extension of the effective date of the specific repurchase

In terms of the Specific Repurchase Agreement, the Specific Repurchase will become effective on the day following which the last condition precedent is met which date may not be later than 31 January 2017; unless the parties agree otherwise (?Effective Date?).



In light of the Ruling, the parties to the Specific Repurchase have entered into an addendum to the Specific Repurchase Agreement whereby the Effective Date has been extended to 15 February 2017 unless the parties agree otherwise.

24-Nov-2016
(Official Notice)
The Company wishes to make the following announcement:

*Mr Ryan McDougall has resigned as the financial director with effect from 31 December 2016 for personal reasons. His resignation as financial director of the Trustco Board also coincides with his resignation from other board memberships within the Trustco Group.

*Ms Marizanne van Niekerk CA.SA (NAM), currently appointed as Chief Financial Officer of the Investment Segment, will be appointed as the Group financial director with effect from 1 January 2017.





18-Nov-2016
(Official Notice)
17-Nov-2016
(Official Notice)
16-Nov-2016
(C)
15-Nov-2016
(Official Notice)
Trustco shareholders (?Shareholders?) are referred to the circular dated 11 September 2015 regarding the acquisition by Trustco, through its subsidiary Trustco Resources Pty Ltd., of the entire shareholding in Huso Investments Pty Ltd. (?Huso?) which was subject to the fulfilment of certain outstanding conditions including shareholder approval (?the Huso Transaction?). Shareholders were advised in the announcement published on 5 October 2015, that the requisite Shareholder approval for the Huso Transaction had been obtained and details of the status of the remaining conditions to the Huso Transaction were provided.



While the Huso Transaction has not yet closed, Shareholders are advised that the parties to the Huso Transaction are currently in discussions to amend the terms of the settlement of the consideration for the Huso Transaction to move away from subsequent payments being based on future resources and rather issuing the remaining shares due and payable in terms of the transaction based directly and wholly on earnings. The discussions are expected to be concluded within two weeks from the date of this announcement and Shareholders will be advised of the outcome of the discussions once concluded. Furthermore, Shareholders will be advised once the outstanding conditions to the Huso Transaction have been fulfilled.



The revised discussions regarding the Huso Transaction, if successfully concluded may have a material effect on the price of the Company?s securities. Accordingly, Shareholders are advised to exercise caution when dealing in the Company?s securities until a further announcement regarding the Huso Transaction is made.
17-Oct-2016
(Official Notice)
06-Oct-2016
(Official Notice)
Noteholders are advised that Sasfin Capital (a division of Sasfin Bank Ltd.) has been appointed as the company?s debt sponsor, replacing the company?s current debt sponsor, The Standard Bank of South Africa Ltd., with effect from 3 November 2016.
23-Sep-2016
(Official Notice)
Trustco shareholders are advised that IJG Securities (Pty) Ltd.?s appointment to act as the Company?s NSX equity sponsor has been terminated with effect from the 21st of October 2016. The Company has appointed Simonis Storm Securities (Pty) Ltd. with effect from the 21st of October 2016 as their NSX Equity Sponsor.
22-Sep-2016
(Official Notice)
The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 22 September 2016, the following resolutions, as set out in the Integrated Annual Report posted to shareholders on 27 June 2016, were duly approved by the requisite majority of shareholders present and voting:



Shareholders are advised that:

*there were 772 142 090 shares in issue as at the date of the AGM;

*the total number of shares that were present in person/represented by proxy at the AGM was 688 004 621 shares being 89.10% of the total number of shares in issue (?Shares Voted?).

*Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the Shares Voted.







23-Aug-2016
(Official Notice)
15-Aug-2016
(Official Notice)
Shareholders are referred to the cautionary announcements published on SENS on 19 May and 1 July 2016 respectively relating to inter alia Huso Investments (Pty) Ltd. entering into a potential partnership for a geo-economic evaluation, development and exploration of a diamond exploration license in Sierra Leone.



Shareholders are advised that that negotiations, which if successfully concluded, could have an impact on the company?s securities are still on-going.



In the circumstances, shareholders are advised to continue exercising caution when trading in their Trustco shares until a further announcement is made.
28-Jul-2016
(Official Notice)
Global Credit Rating Company (?GCR?) has upgraded Trustco?s national scale long term rating to BBB+(NA) and affirmed its short term rating of A2(NA); with the outlook accorded as stable.



The GCR announcement notes that the ratings of Trustco reflect an entrenched financial services position (in education finance and mass-market insurance), and value-adding property investments in Namibia. Improved capital and leverage metrics relative to the Group?s evolving risk profile/business mix also support the ratings.



Constructive Namibian macroeconomic trends, structural support for property prices and a strategy which is geared towards enhancing the sustainability and diversification of earnings, while prioritising stakeholder needs, support the Group?s prospects.



The full report is available at http://globalratings.net.
06-Jul-2016
(Official Notice)
Shareholders are advised that due to the extended closed periods into which voluntary quarterly update announcements continue to place the company in, the board has taken the decision to no longer publish quarterly updates.



Furthermore, the board advised shareholders that the interim results for the period ending 30 September 2016 including a business update for the period is expected to be published on or about 8 November 2016.
01-Jul-2016
(Official Notice)
Shareholders are referred to the cautionary announcement published on SENS on 19 May 2016 relating to inter alia Huso Investments (Pty) Ltd. (?Huso?) entering into advanced negotiations regarding a potential partnership for a geo-economic evaluation, development and exploration of a diamond exploration license in Sierra Leone, and are advised that the outcome of the due diligence was successful and that negotiations are still ongoing.



Should the transaction between the Company and Huso (as approved by shareholders on 5 October 2015) close and if the partnership is successfully concluded it could have an impact on the Company?s securities. In the circumstances, shareholders are advised to continue exercising caution when trading in their Trustco shares until a further announcement is made.
27-Jun-2016
(C)
Revenue for the year increased to NAD1.150 billion (2015: NAD1.017 billion), profit for the year was higher at NAD419.8 million (2015: NAD303.2 million), while headline earnings came in at NAD55.32 cents per share (2015: NAD39.64 cents per share).



Dividend

During the year under review dividends of 7.40 cents per share (2015: 5.75 cents) amounting to a total of NAD49.40 million (2015: NAD45.18 million) were declared and paid by the Group. The directors of Trustco (the board) are pleased to announce that the board passed a resolution on 22 June 2016 to pay a dividend of 5 cents per share for the financial year ended 31 March 2016.



Notice of AGM

Notice is hereby given that the annual general meeting of shareholders of the company in respect of the year ended 31 March 2016 will be held at Trustco House, 2 Keller Street, Windhoek, on Thursday, 22 September 2016 at 10H00 (?AGM?), to deal with such business as may lawfully be dealt with at the AGM in the manner required by the Namibian Companies Act as amended, as read with the Listings Requirements of the JSE and the provisions of the company?s articles of association. The AGM is to be participated in and voted at by the shareholders recorded in the company?s security register on the record date of Friday, 16 September 2016.
15-Jun-2016
(Official Notice)
Shareholders are advised that the group is presently finalising its annual financial statements for the year ended 31 March 2016.



The group expects to report:

*an increase in revenue in comparison to the financial year ended 31 March 2015 (?prior period?) of between 8% and 18%, being between NAD 1.1 billion and NAD 1.2 billion. Revenue of NAD 1.02 billion was reported for the prior period;

*an increase in headline earnings per share (?HEPS?) in comparison to the prior period of between 22% and 42% being between 48.3 cents and 56.2 cents. The prior period reported HEPS was 39.6 cents; and

*an increase in basic earnings per share (?EPS?) in comparison to the prior period of between 11% and 31%, being between 48.4 cents and 57.1 cents. The prior period reported EPS was 43.6 cents.



The expected increase in EPS and HEPS is mainly attributable to the following key factors in the 2016 financial period:

*an increase in insurance premiums and a reduction in cost arising from the insurance operations in comparison to the prior year;

*an increase in advances in the banking and finance segment; and

*an increase in the investments segment returns in comparison to the prior year.



Further details will be provided in the group results, for the year ended 31 March 2016, which will be released on or about 28 June 2016.



The financial information on which this trading statement is based has not been reviewed or reported on by the group?s auditors.

14-Jun-2016
(Official Notice)
Shareholders are advised that Mr. Schalk Willem Pienaar has resigned as an alternate director to Mr Ryan McDougall with effect from 15 June 2016. His resignation from alternate director of the Trustco Board also coincides with his resignation from other executive roles in Trustco for personal reasons. The Board accepts such resignation and wishes to thank Mr. Pienaar for his valuable contribution during his tenure as part of management and as an alternate director.
19-May-2016
(Official Notice)
Shareholders are referred to the circular sent to shareholders on 11 September 2015 regarding the acquisition of Huso Investments (Pty) Ltd. (?Huso?) which was subject to the fulfilment of certain outstanding conditions including shareholder approval (?the Huso Transaction?).



On 5 October 2015 shareholders were notified on SENS that shareholder approval was provided in terms of the Huso Transaction and given details as to the outstanding conditions to be fulfilled for purposes of closing the Huso Transaction.



While the Huso Transaction has not yet closed, the company advised shareholders that Huso has entered into advanced negotiations with a target company in Sierra Leone (?Target Co?) relating to a potential partnership for a geo-economic evaluation, development and exploration of a diamond exploration license as secured by the Target Co in June 2015. Should Huso and the Target Co be satisfied with the outcome of an independent due diligence review, they will use their best endeavours to negotiate and agree to a definitive agreement. The outcome of the independent due diligence is expected within 15 (fifteen) business days.



Should the Huso Transaction close and if the partnership is successfully concluded it could have an impact on the company?s securities.



In the circumstances, shareholders are advised to exercise caution when trading in their Trustco shares until a further announcement is made.



Furthermore, shareholders will be notified once the unfulfilled conditions of the Huso Transaction have been fulfilled and the Huso Transaction has been finalised.
17-Mar-2016
(Official Notice)
Shareholders are advised that, due to personal reasons, Mr Johannes Jones has resigned as an alternate director to Dr Quinton van Rooyen with effect from 16 March 2016. His resignation as alternate director of the Trustco Board also coincides with his resignation from other executive roles in Trustco.



Mr Quinton Z. van Rooyen, the current deputy chief executive officer of the group has been appointed as alternate director to Dr Quinton van Rooyen, the current group managing director and founder, with effect from 16 March 2016.



Mr Schalk Pienaar, the deputy financial director of the group has been appointed as alternate director to Mr Ryan McDougall, the current group financial director with effect from 16 March 2016.

16-Feb-2016
(Official Notice)
The board of directors of Trustco wishes to inform shareholders that Ms Amanda Bruyns has been appointed as Company Secretary with effect from 17 February 2016.



01-Feb-2016
(Official Notice)
18-Jan-2016
(Official Notice)
The board of directors of Trustco wishes to inform shareholders that Ms S Miller has resigned as Company Secretary with effect from 15 February 2016. Ms Miller intends to re-enter the legal profession as a practitioner.



The board of directors is in the process of identifying a suitable replacement candidate and will notify shareholders once an appointment is made.



18-Nov-2015
(Official Notice)
Shareholders are referred to the announcement published on SENS on 13 November 2015 disclosing a trade in securities by Mr Johannes Jones, an alternate director of Trustco, and are, in compliance with paragraph 3.63 (b) of the JSE Limited Listings Requirements, hereby advised that said trade was an ?on-market? trade.
04-Nov-2015
(C)
Income from operations increased by 4% to NAD534.6 million (2014: NAD513 million) whilst the profit for the period rose by 17% to NAD151 million (2014: NAD128.6 million). Headline earnings per share soared to 19.91cps (2014: 15.46cps).



Dividend

The Directors of Trustco announced that the board passed a resolution on 3 November 2015 to pay an interim dividend of 3.4 cents per share for the six months ended 30 September 2015.



Outlook for the future

The group plans to markedly increase its Namibian presence in the insurance and banking markets, in the medium term. The growth strategy for the ancillary investment portfolio is a continued expansion through the acquisition of businesses where active management and economies of scale can eventually translate into positive group earnings contributions.
30-Oct-2015
(Official Notice)
Shareholders are advised that the Group is still presently finalising its interim results for the 6 months ended 30 September 2015.



The Group expects:

* headline earnings per share of between 19.14 cents and 20.68 cents, being between 23.8% and 33.8% higher respectively than the previous comparable period, being the 6 months ended 30 September 2014 ("prior period") of 15.46 cents; and

* earnings per share of between 19.37 cents and 21.21 cents, being between 4.8% and 14.8% higher respectively than the prior period of 18.48 cents



Further details will be provided in the interim results for the 6 months ended 30 September 2015, due to be released on or about 4 November 2015.
05-Oct-2015
(Official Notice)
The board of directors of Trustco advised that at the general meeting of shareholders (?the General Meeting?) held today, 5 October 2015, the following resolutions, as set out in the circular to shareholders dated 11 September 2015 (?the Circular?), were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy.



The board of directors further advises as detailed in the relevant SENS note on the status of the conditions to be fulfilled for purposes of the closing of the Share Purchase Agreement, as defined in the Circular:



Shareholders will be advised once the unfulfilled conditions, being the obtaining of a Mining Licence and Export Processing Zone status have been fulfilled.
25-Sep-2015
(Official Notice)
The board of directors of Trustco advised that at the annual general meeting of shareholders held on 24 September 2015, that all the resolutions, as set out in the notice of annual general meeting which was incorporated in the Integrated Annual Report and distributed to shareholders on 29 June 2015, were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy.
14-Sep-2015
(Official Notice)
Trustco shareholders are referred to the SENS announcement dated 14 September 2015 wherein they were advised that the Circular has been printed and will be posted on Monday, 14 September 2015. Trustco can now confirm that the Circular has been posted to Trustco shareholders on Monday, 14 September 2015. The time, date and the venue of the Trustco shareholders? meeting convened as set out in more detail in the Circular and the notice of general meeting incorporated in the Circular is hereby confirmed as 10:00 on Monday, 5 October 2015 at 2 Keller Street, Windhoek, Namibia.
14-Sep-2015
(Official Notice)
14-Aug-2015
(Official Notice)
Shareholders are referred to the announcement dated 3 July 2015 relating to the resignation of Ms S. Miller as Company Secretary of Trustco (?the Announcement?).



Further to the publication of the Announcement and in compliance with paragraph 3.59(a) of the Listings Requirements of the JSE Ltd., the board of directors of Trustco hereby wishes to inform shareholders that Ms S. Miller has been re-instated as Company Secretary with immediate effect.



Ms Miller?s re-instatement follows the recent restructuring and separation of the Group Legal, Risk and Compliance and Company Secretarial functions (formerly a single department) and the subsequent appointment of a Group Legal Advisor, Adv. Riaan Bruyns.
30-Jul-2015
(Official Notice)
27-Jul-2015
(Official Notice)
Trustco announced that Global Credit Ratings (?GCR?) (http://globalratings.net) has upgraded the long term national scale issuer rating and the short term national scale issuer rating assigned to Trustco to BBB (NA) and A2 (NA) respectively; with the outlook for the group now being accorded as Positive.



According to the full report published by GCR, the ratings reflect Trustco?s entrenched financial services position and value-adding property investments. Sound capital and leverage metrics relative to Trustco?s evolving risk profile and business mix have supported the ratings upgrade. The rating outlook considers Trustco?s increasing operational scale, improved organisational efficiency, and long-term earnings diversification plans, coupled with supportive macroeconomic and property price trajectories in Namibia.



Trustco is pleased to release this report to shareholders as it continues to demonstrate the group?s resolve to achieve only the highest levels of success whilst maintaining a solid governance and risk framework.



In light of the increasing trend of recent downgrades to both local and international corporates and certain sovereigns, the fact that Trustco has managed to improve its overall rating is a very positive message to stakeholders.



The full report is available on the Trustco website: www.tgh.na
16-Jul-2015
(Official Notice)
In terms of a dispensation obtained from the Issuer Regulation Division of JSE Ltd., the Company has disposed of treasury shares in the open market in order to meet the prudential requirements pertaining to the investment spread applicable to it in terms of the Long-Term Insurance Act and Regulations (?Disposal?). Paragraph 5.75 of the JSE Ltd. Listings Requirements (?Listings Requirements?) states that ?Whenever an issuer wishes to use treasury shares, such use must comply with the Listings Requirements as if such use was a fresh issue of securities.? The Disposal was therefore conducted in terms of the general authority to issue shares for cash approved by shareholders at the annual general meeting held on 24 September 2014.



In compliance with paragraph 11.22 of the Listings Requirements, shareholders are advised that 76 958 397 (9.97% of total shares in issue) treasury shares were sold in the open market over the period commencing on 18 March 2015 and ending on 15 July 2015 at an average discount of 1.0484% to the weighted average traded price of the equity securities over the 30 business days prior to the date of each sale. It is intended that the funds realised from the Disposal will be utilised for operations in the Company?s Banking Segment.
15-Jul-2015
(Official Notice)
03-Jul-2015
(Official Notice)
The board of directors of Trustco informed shareholders that Ms S Miller has resigned as company secretary on 2 July 2015, which resignation will be effective from 14 August 2015. The Company is in the process of identifying a suitable candidate to appoint as company secretary in Ms Miller?s stead and shareholders will be advised as soon as such an appointment has been made.
29-Jun-2015
(C)
Total revenue for the year increased by 21% to NAD1 billion (2014: NAD843.6 million). Profit for the period jumped to NAD303.2 million (2014: NAD252.7 million), while headline earnings per share grew to NAD39.64 cents per share (2014: NAD18.80 cents per share).



Dividend

During the year under review dividends of 5.75 cents per share (2014: 2 cents) amounting to a total of NAD 44.39 million (2014: NAD 15.4 million) were declared and paid by the group. The directors of Trustco (the Board) are pleased to announce that the Board passed a resolution on 26 June 2015 to pay a dividend of 4 cents per share for the financial year ended 31 March 2015.



Notice of AGM

The full integrated report including a notice of annual general meeting will be uploaded on the company's website and posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 19 June 2015. Notice is hereby given to shareholders that the annual general meeting of the shareholders of the company will be held in the boardroom, 3rd floor, Trustco House, 2 Keller street, Windhoek on Thursday 24 September 2015 at 10:00 to deal with such business as may lawfully be dealt with at the meeting in the manner required by the Companies Act, 28 of 2004 (as amended), as read with the Listings Requirements of JSE Ltd. ('JSE Listings Requirements'), which meeting is to be participated in and voted at by shareholders recorded in the company's securities register on the record date of Friday, 11 September 2015. Shareholders are advised of the following applicable dates: last date for lodging forms of proxy for South African shareholders is Friday, 18 September 2015 at 17H00 and Monday, 21 September 2015 at 12H00 for all other shareholders. The last date to trade to be eligible to vote is Friday, 4 September 2015.
24-Jun-2015
(Official Notice)
Shareholders are referred to the announcement published on SENS on 22 June 2015 regarding the option agreement (?Option Agreement?) that has been entered into with Quinton van Rooyen, in terms of which the Company acquired an option (?Option?) to acquire the entire shareholding in Huso Investments (Pty) Ltd. (?Huso?).



The exercise of the Option by the Company is subject to the conclusion of a share purchase agreement between the parties and the Company and the Company obtaining sufficient irrevocable undertakings to vote in favour of the transaction from remaining shareholders of Trustco. In terms of the Option Agreement, such irrevocable undertakings must be received within 21 days of announcing the Option Agreement on SENS.



In order to facilitate the canvassing of remaining shareholders with regards to the requisite irrevocable undertakings, a detailed information pack has been compiled and is accessible at http://j.mp/HusoSENS.



In order to access this information, a shareholder must prove their status as shareholder and complete the requisite non-disclosure agreement (?NDA?) before being permitted full access to the information pack. If the information pack is downloaded by a shareholder, the terms of the NDA are such that a shareholder will be precluded from trading in the Company?s shares until 14 July 2015. Should this date be extended, thereby extending the period precluding a shareholder from trading, this extended date will be communicated to shareholders through a further announcement on SENS, or until an announcement is released on SENS that sufficient irrevocable undertakings have been obtained, whichever occurs first.



Shareholders who do not enter into the said NDA or do not access the provided information pack, are not precluded from trading in the company's shares



The Company Secretary Ms Sandra Miller can be contacted on sandram@tgh.na should shareholders have any further queries in this regard.
22-Jun-2015
(Official Notice)
Shareholders are referred to the announcement published on 2 February 2015, in terms of which the Company advised shareholders, inter alia of its intention to pursue opportunities in the resources sector, particularly in Namibia. Shareholders are now further advised that Trustco has entered into an option agreement (?the Option Agreement?) with Quinton van Rooyen ( ?the Grantor?) in terms of which the Company acquired an option to acquire the entire shareholding in Huso Investments (Pty) Ltd. (?Huso?)of which the Grantor is the sole shareholder (?the Option?) via its wholly-owned subsidiary Trustco Resources (Pty) Ltd. (?Trustco Resources?).



Huso is the holding company of Northern Namibian Development Company (Pty) Ltd. (?NNDC?), a diamond mining and exploration entity in Namibia and Morse investments (Pty) Ltd. (?Morse?), a licensed diamond processing and polishing factory in Namibia. Huso is owned by the van Rooyen family who is also the majority shareholder of Trustco. In terms of the Option Agreement, no consideration is payable by Trustco to the Grantor in respect of the Option and the Option is exercisable in the sole and absolute discretion of Trustco. The Option Agreement route was specifically decided upon by the board of the Company in order to provide minority shareholders of Trustco with the opportunity to engage amongst themselves and the majority shareholder with regards to the envisaged transaction. The board of Trustco believes that this route is in the best interest of the Company and enhances transparency.
19-Jun-2015
(Official Notice)
Shareholders are advised that the Group is still presently finalising its annual financial statements for the year ended 31 March 2015.



The Group expects:

* headline earnings per share of between 37.09 cents and 40.85 cents, being between 97.3% and 117.3% higher respectively than the previous comparable period, being the year ended 31 March 2014 (?prior period?) of 18.80 cents; and

* basic earnings per share of between 38.84 cents and 45.55 cents, being between 15.7% and 35.7% higher respectively than the prior period's 33.57 cents.



The expected increase in earnings per share is mainly attributable to the following key factors in the 2015 financial period:

* revenue has increased in comparison to the prior year as a result of larger banking related and investment portfolio revenue contributions; and

* the improved performance of the Insurance (Emerging Markets) segment.



Further details will be provided in the group results for the year ended 31 March 2015, due to be released on or about 26 June 2015.
05-Feb-2015
(Media Comment)
Financial Mail reported that the Namibian smallcap growth counter was the JSE's top stock last year, with share price growth of 175%. The company also trades on the Namibian Stock Exchange and the Nasdaq's over-the-counter market. The diversified group has banking, insurance and investment interests in Namibia, SA and Brazil. However, it is its burgeoning property portfolio that is most intriguing. Trustco is one of the largest owners of zoned residential, commercial and industrial land in Namibia. The country has an acute housing shortage and was last year ranked the world's second fastest-growing housing market in terms of price appreciation, behind Dubai. Trustco owns a few completed buildings, but it is looking to convert more land to income generating assets over time.
02-Feb-2015
(Official Notice)
10-Nov-2014
(C)
Total revenue increased by 56% to NAD497.1 million (NAD317.7 million). Income from operations was up 41% to NAD513 million (NAD363.3 million). Net attributable profit rose by 98% to NAD128.6 million (NAD65 million). Headline earnings per share soared more than a 100% to NAD15.46cps (NAD3.02cps).



Dividend

Trustco announced that a resolution was passed on 5 November 2014 to pay an interim dividend of 3 cents per share for the six months ended 30 September 2014.







29-Oct-2014
(Official Notice)
In terms of the Listings Requirements of the JSE Ltd., a listed company is required to publish a trading statement as soon as it becomes reasonably certain that the financial results for the next period to be reported on will show a 20% or more difference from those of the previous corresponding period.



Shareholders are hereby advised that the Group is currently finalising its interim results for the six months ended 30 September 2014.

The Group expects:

*headline earnings per share for the six months ended 30 September 2014 to be between 15.16 cents and 15.76 cents, which is between 402% and 422% higher than that of the previous comparable period's 3.02 cents; and

*basic earnings per share for the six months ended 30 September 2014 to be between 17.62 cents and 19.33 cents, which is 105% and 125% higher than that of the previous comparable period's 8.59 cents.



Further details will be provided in the interim Group results for the six months ended 30 September 2014, due to be published on SENS on or about 12 November 2014.



The Financial information on which this trading statement is based has not been reviewed or reported on by the Group's auditors in accordance with either 3.4b(viii)(1)(aa) or 3.4b(viii)(1)(bb) of the Listings Requirements of the JSE Ltd..

25-Sep-2014
(Official Notice)
The board of directors of Trustco advise that at the Annual General Meeting of shareholders held on 24 September 2014, the ordinary resolutions, as set out in the Annual Report to shareholders dated 30 June 2014, were duly approved by the requisite majority of shareholders present and voting.



The special resolution to repurchase shares, will be duly registered with the Registrar of Companies in accordance with the provisions of the Companies Act, 28 of 2004.

25-Aug-2014
(Official Notice)
Shareholders are referred to the shareholder update published on SENS on 21 August 2014 advising that the Bank of Namibia granted authorization to Trustco to acquire Fides Bank Namibia Ltd. and that the Competitions Commission?s approval was awaited.

Shareholders are now advised that the Competitions Commission Board approved the acquisition of Fides Bank Namibia Ltd. on 21 August 2014, thereby completing the acquisition process.



Trustco Bank Namibia Ltd. will be fully operational on 1 September 2014.
21-Aug-2014
(Official Notice)
Shareholders are referred to the shareholder update published on SENS on 22 May 2014 advising that Trustco had concluded a Sale of Shares Agreement with the shareholders of FIDES Bank Namibia Ltd . ("FIDES" or "the Bank") on 21 May 2014 in terms of which Trustco will acquire the entire shareholding in FIDES ("the FIDES acquisition") and further that the transaction requires Namibian Competition Board and Bank of Namibia approval.



Shareholders are herewith informed that the Bank of Namibia granted authorisation on 20 August 2014 to Trustco in terms of section 54 of the Banking Institutions Act, Act No. 2 of 1998, as amended, to acquire Fides Bank Namibia Ltd. Authorisation was further granted to change the name of Fides Bank Namibia Ltd. to Trustco Bank Namibia Ltd. At the time of release, Competitions Commissions approval was still awaited.
19-Aug-2014
(Official Notice)
Shareholders are advised that Trustco Group Holdings has established a sponsored Level 1 American Depositary Receipt (ADR) program. The ADR will facilitate access to Trustco shares in the United States and enhance an international presence in line with Trustco?s emerging markets vision. Trustco ADR shares will trade in the United States OTC (over the counter market) under the symbol TSCHY with BNY Mellon acting as depositary bank for the program.



One Trustco ADR will represent 100 existing Trustco shares. The ADR program facilitates secondary market access in the U.S. OTC market for Trustco?s shares. The program does not involve the issuance of new shares or raising of new capital by Trustco.
19-Aug-2014
(Official Notice)
Pursuant to paragraph 3.59 of the JSE Ltd. Listings Requirements, shareholders are advised that Mrs. Veronica De Klerk has resigned from the Trustco board ("Board"), effective 1 September 2014. Her resignation for personal reasons from the Board coincides with her resignation from other external executive roles.

The Board accepts such resignation and wishes to thank Mrs. De Klerk for her contribution during her tenure as an Independent, Non Executive Director.



15-Aug-2014
(Official Notice)
The board of directors of Trustco is pleased to update the Group?s shareholders in respect of the financial quarter ending 30 June 2014. The Group increased Net profit after tax by 70.02% for the 1st quarter ended 30 June 2014, when compared to the 1st quarter of the 2014 financial year.



Headline earnings for the 3 months ended 30 June 2014 grew by 12.44% to NAD19.5 million, resulting in headline earnings per share (HEPS) of 2.53 cents and basic earnings per share (EPS) of 3.83 cents. The 2014 comparative quarter generated headline earnings of NAD17.4 million, with HEPS of 2.36 cents and EPS of 2.36 cents.



Revenue of NAD146.7 million was generated for the quarter compared to NAD146.3 million for the comparative 2014 period.



Commentary

Insurance premiums grew 3.34% to N$51.0 million when compared to the comparative quarter (2014: NAD49.3 million). The advances book, represented by a gross loan balance of NAD752.4 million as at 31 June 2014 demonstrated a growth of 73.12% compared to the 30 June 2013 comparative of NAD434.6 million. The non- performing loans totalling 2.81% of the book compared to 3.78% as at 30 June 2013 shows a favourable improvement in asset quality. As at date of this announcement, the regulatory approval required for the completion of the FIDES Bank acquisition was not yet completed. The said approval is anticipated by the Board within the current quarter. At the time of reporting, one Namibian Dollar (?NAD?) was equivalent to one South African Rand (?ZAR?). The financial information on which this quarterly update is based has not been reviewed or reported on by the Group?s auditors.
18-Jul-2014
(Official Notice)
Trustco announced that Global Credit Rating Co ("GCR") (http://globalratings.net) has affirmed the long term national scale rating and affirmed the short term national scale issuer rating assigned to Trustco of BBB- (NA) and A3 (NA) respectively; with the outlook for both short and long term accorded as Stable.



According to the full report published by GCR, the ratings reflect an established and expanding franchise in the group?s main areas of operation (education, student/mortgage finance, insurance and property), and markets (Namibia and South Africa). Sound capital structure, low to moderating credit risk and improving profitability support the rating. Furthermore the ratings outlook considers Trustco's enhanced prospects and strategic focus, viewed in the context of divergent macroeconomic trends in its core markets.



The current ratings, and stable outlook, have been maintained from the first initial GCR report conducted in 2012. Trustco released this report to shareholders as it continues to demonstrate the group's resolve to achieve only the highest levels of success whilst maintaining a solid governance and risk framework.



In light of the increasing trend of recent downgrades to international corporates and certain sovereigns, the fact that Trustco has managed to retain its investment grade rating and retained a stable outlook is a very positive message to shareholders and investors. The full report is available on the Trustco website: www.tgi.na.
02-Jul-2014
(Official Notice)
Shareholders are referred to the abridged audited group results for the year ended 31 March 2014, notice of AGM and final dividend declaration announcement which was published on SENS at 07h05 on Monday, 30 June 2014 ("Announcement"). Shareholders should note that the dividend payment date will be Friday, 22 August 2014, rather than Monday, 22 August 2014 as referred to in the Announcement.



All other salient dates remain the same.
30-Jun-2014
(C)
Group revenue increased to NAD843.6 million from NAD595.2 million. Gross profit increased to NAD671.6 million from NAD355 million and profit after tax was higher at NAD252.7 million from NAD39.4 million, while headline earnings per share rose to NAD18.80cps from NAD4.65cps.



Dividend

The board of directors recommends a final dividend of 2.75cps for the year ended 31 March 2014 be declared.



Notice of AGM

The full integrated report including a notice of annual general meeting will be uploaded on the company's website tomorrow, 28 June 2014 and posted to shareholders of the company who were recorded as such in the company's securities register on Friday, 20 June 2014.



Notice is hereby given to shareholders that the annual general meeting of the shareholders of the company will be held in the Boardroom, 3rd floor, Trustco House, 2 Keller Street, Windhoek on Wednesday, 24 September 2014 at 12:00 to deal with such business as may lawfully be dealt with at the meeting in the manner required by the Companies Act, 28 of 2004 (as amended), as read with the Listings Requirements of JSE Limited (?JSE Listings Requirements'), which meeting is to be participated in and voted at by shareholders recorded in the company's securities register on the record date of Friday, 12 September 2014. Shareholders are advised of the following applicable dates, last date for lodging forms of proxy for South African shareholders is Friday 19 September 2014 at 17H00 and Monday 22 September 2014 at 12H00 for all other shareholders. The last date to trade to be eligible to vote is Friday 5 September 2014.





25-Jun-2014
(Official Notice)
Shareholders are advised that the Group is still finalising its annual financial statements for the year ended 31 March 2014. Shareholders are referred to the Trading Statement published by the group on 12 June 2014, wherein shareholders were advised that;

*headline earnings per share for the year ended 31 March 2014 is expected to be at a minimum of 14.87 cents, which is 220% higher than the 4.65 cents for the previous comparable period (comparable period); and

*basic earnings per share for the year ended 31 March 2014 will be at a minimum 29.34 cents, which is 442% higher than the 5.41 cents for the comparable period.



The Group now expects the following for the year ended 31 March 2014:

*headline earnings per share of between 18.34 cents and 19.27 cents, being between 294% and 314% higher than that for the comparable period; and

*basic earnings per share of between 33.02 cents and 34.11 cents, being between 510% and 530% higher than that for the comparable period.



Further details will be provided in the abridged audited group results for the year ended 31 March 2014 and the annual integrated report, due to be released on or about 27 June 2014. The financial information on which this trading statement is based has not yet been reviewed or reported on by the Group's auditors.

19-Jun-2014
(Official Notice)
The board of directors of Trustco advise that at the General Meeting of shareholders held on 19 June 2014, the following resolutions, as set out in the circular to shareholders dated 30 May 2014, were duly approved by the requisite majority of shareholders present and voting:

* Ordinary Resolution 1: Approval of the Elisenheim acquisition by Trustco, and the discharge of the purchase consideration of NAD220 000 000 by way of cash.

* Ordinary Resolution 2: Authority to board to implement ordinary resolution number 1.
18-Jun-2014
(Official Notice)
The board of directors of Trustco wish to inform shareholders that Mr DJ Steyn has resigned as Company Secretary with effect from 18 July 2014. Per section 3.59(a) of the JSE Limited Listings Requirements, Ms Sandra Miller (BLC LLB) has been appointed as Company secretary with effect from 18 July 2014.
12-Jun-2014
(Official Notice)
Shareholders are advised that the group is presently finalising its annual financial statements for the year ended 31 March 2014.



Total revenue for the group grew by more than 35% from the previous financial year.



The group expects:

* headline earnings per share for the year ended 31 March 2014 to be a minimum of 14.87 cents, which is 220% higher than the headline earnings per share for the previous comparable period, being the year ended 31 March 2013 ("previous period") of 4.65 cents; and

* basic earnings per share for the year ended 31 March 2014 to be a minimum of 29.34 cents, which is 442% higher than the basic earnings per share for the previous period of 5.41 cents.



The expected increase in earnings per share is mainly attributable to the following key factors in the 2014 financial period:

* student loan book growth has driven increased profitability in the education and student finance segments of the group's business, whilst non-performing loans remain low;

* sales in the property segment of the group's business have grown from the previous period and have contributed meaningfully to group earnings; and

* the group's Namibian insurance segment continues to grow earnings at good organic rates, however the Insurance segments outside of Namibia remain in loss making positions as expansion efforts continue.



Further details will be provided in the abridged audited group results for the year ended 31 March 2014 and the annual integrated report, due to be released on or about 27 June 2014.
29-May-2014
(Official Notice)
Shareholders are referred to the SENS announcement dated 23 January 2014, wherein they were advised that Trustco, via its wholly owned subsidiary, Trustco Property Holdings (Pty) Ltd. had entered into an agreement with Philco Twenty Two (Pty) Ltd., subject to the fulfilment of certain conditions precedent, in terms of which Trustco will acquire 100% of the issued share capital of Elisenheim Property Development Company (Pty) Ltd. for a purchase consideration of NAD220 million ("the acquisition").



Shareholders are further referred to the announcement dated 16 May 2014, and are advised that the circular relating to the acquisition by the company of Elisenheim has been printed and will be posted to shareholders on 30 May 2014.
22-May-2014
(Official Notice)
Shareholders are referred to the shareholder update published on SENS on 22 April 2014 advising that Trustco had entered into negotiations for the acquisition of 100% of the issued share capital of a Namibian incorporated authorised banking institution which holds a permanent banking licence under the Namibian Banking Institutions Act, 1998. Shareholders are herewith advised that Trustco has concluded a Sale of Shares Agreement with the Shareholders of FIDES Bank Namibia Ltd. ("FIDES" or "the Bank") on 21 May 2014 in terms of which Trustco will acquire the entire shareholding in FIDES ("the FIDES acquisition").



Information on Fides

The Bank owns five branches in Namibia. Its loan portfolio consists of 14 000 group lending borrowers and 357 SME borrowers. FIDES's savings portfolio amounts to approximately 40 000 clients. Over the short-to medium term Trustco intends to grow the Bank's footprint and grow its client base. Key to the distribution expansion strategy will be the use of technology. The use of mobile banking and alternative service channels to traditional infrastructure will be central to the distribution strategy and roll out. Furthermore Trustco plans to enhance the Bank's product offering and diversify its geographical points of presence. Client growth will be achieved by pursuing a client acquisition strategy and by leveraging Trustco's existing client base in Namibia.



Rationale

The FIDES acquisition represents a natural progression of the Group's stated business model. The Bank offers a best fit strategic opportunity to compliment the current student lending, mortgage lending and insurance businesses of Trustco. The student lending business is of sufficient economic size to anchor the Banks' balance sheet.
16-May-2014
(Official Notice)
Shareholders are referred to the SENS announcement dated 23 January 2014, wherein they were advised that Trustco, via its wholly owned subsidiary, Trustco Property Holdings (Pty) Ltd. ("Trustprop") had entered into an agreement with Philco Twenty Two (Pty) Ltd. ("Philco"), subject to the fulfilment of certain conditions precedent, in terms of which Trustco will acquire 100% of the issued share capital of Elisenheim Property Development Company (Pty) Ltd. ("Elisenheim") for a purchase consideration of NAD220 million ("the acquisition").



Shareholders are further referred to the announcement dated 10 April 2014, wherein they were advised that a circular relating to the acquisition by the company of Elisenheim would be posted on 16 May 2014. Shareholders are hereby informed that due to unforeseen circumstances the circular which is in the process of finalisation and printing will be posted on or before 23 May 2014.
22-Apr-2014
(Official Notice)
Shareholders are advised that Trustco has entered into negotiations for the acquisition of 100% of the issued share capital of a Namibian incorporated authorised banking institution which holds a permanent banking license under the Namibian Banking Institutions Act, 1998.



The proposed acquisition is not categorized as a category 1 or 2 transaction in terms of the Listings Requirements of the JSE Limited. The proposed acquisition will be subject to relevant board and regulatory approvals, including the approval of the Bank of Namibia, and is expected to be concluded within 30 days of this announcement.
10-Apr-2014
(Official Notice)
Shareholders are referred to the SENS announcement dated 23 January 2014, wherein they were advised that Trustco, via its wholly owned subsidiary, Trustco Property Holdings (Pty) Ltd. ("Trustprop") had entered into an agreement with Philco Twenty Two (Pty) Ltd. ("Philco"), subject to the fulfilment of certain conditions precedent, in terms of which Trustco will acquire 100% of the issued share capital of

Elisenheim Property Development company (Pty) Ltd. ("Elisenheim") for a purchase consideration of NAD220 million ("the acquisition").



Trustco is pleased to announce that the following conditions precedent have now been fulfilled:

* Written approval of the acquisition has been obtained from the Namibian Competition Commission; and

* Written confirmation has been obtained from the Namibian Minister of Local Government and Housing (Townships Board and Namibia Planning Advisory Board) that the township establishment of Elisenheim Extension NoFs 1 to 21 has been extended until 31 December 2023 and 31 December 2015, respectively.



Trustco and Philco have agreed to extend the date by which the remaining conditions precedent are to be fulfilled to 3 June 2014.



Mr Q van Rooyen, a shareholder representing 50.8% of the issued share capital of the company has provided the company with an irrevocable commitment to vote in favour of the acquisition.



A circular detailing the terms and conditions of the category 1 acquisition and a notice convening a general meeting of shareholders is being prepared and will be posted to shareholders on or before 16 May 2014.
31-Jan-2014
(Official Notice)
28-Feb-2014
(Official Notice)
The board of directors of Trustco advises that at the general meeting of the company held today, 28 February 2014, the following resolutions, as set out in the circular to Trustco shareholders dated 31 January 2014, were unanimously approved by the shareholders present and voting:

1. Special Resolution 1: Approval of a potential specific repurchase of Trustco shares from the International Finance Corporation ("IFC");

2. Special Resolution 2: Approval of the specific repurchase of Trustco shares from Renaissance Africa Master Fund;

3. Ordinary Resolution 1: Authority for the specific issue of Trustco shares for cash to the IFC in terms of the warrant agreement between the parties;

4. Ordinary Resolution 2: Authority to the board to implement special resolution 1 and ordinary resolution 1.



The special resolutions will be duly registered with the Registrar of Companies in accordance with the provisions of the Companies Act, 28 of 2004.
30-Jan-2014
(Official Notice)
Shareholders are referred to the third quarter update announcement released on SENS on 29 January 2014 wherein it was incorrectly stated that the Total Headline earnings for the nine months ended 31 December 2013 was NAD96.1 million, December 2012: NAD52.6 million, representing growth of 82.7%.



Shareholders are advised that the correct Total Headline earnings for the nine months ended 31 December 2013 was NAD53.9 million, representing growth of 2.47% when compared to the nine months ended 31 December 2012. All other information remains unchanged.
29-Jan-2014
(Official Notice)
23-Jan-2014
(Official Notice)
04-Nov-2013
(C)
Total revenue increased by 6% to NAD314.6 million (NAD296.9 million). Gross profit was up 33% to NAD239 million (NAD180.3 million). Net attributable profit rose by 29% to NAD65 million (NAD50.4 million).However, headline earnings per share fell 58% to NAD3.02cps (NAD7.14cps).



Dividend

An interim ordinary dividend of NAD2cps has been declared.



Outlook

The African continent's demand for micro insurance products has not been exhausted. Demand remains high and the current low penetration rates should provide further future growth in this segment. Trustco continues to pursue various opportunities to roll out innovative products and delivery mechanisms to these markets.



Effort to raise sufficient capital to continually grow the educational loan book culminated with the approval and subsequent issue of a Domestic Medium Term Note programme on the JSE, in doing so, Trustco became the first private Namibian entity to raise financing through a JSE approved debt programme. A bond of R200 million was subscribed to by the International Finance Corporation ("IFC") during the period under review, with prospects that the remaining R800 million will be issued and the proceeds thereof deployed into the business in the medium term.
30-Oct-2013
(Official Notice)
Shareholders are advised that the Group's earnings per ordinary share for the interim period ended 30 September 2013 are expected to be between 15% to 25% higher when compared with the previous corresponding period in 2012, and headline earnings per ordinary share are expected to be between 50% to 60% lower when compared with the previous corresponding period in 2012. Revenue is expected to be between 5% to 10% higher than the comparative period, with gross profit margin expected to improve to 76% from 61% in the corresponding period in 2012.



The Group's results for the year ended 30 September 2013 will be published on or about 4 November 2013.
25-Sep-2013
(Official Notice)
The board of Trustco advised that at the Annual General Meeting of shareholders held today, all the resolutions as set out in the notice of Annual General Meeting were duly approved by the requisite majority of shareholders.



In compliance with paragraph 3.59(a) and 3.84(f) of the JSE Listings Requirements, shareholders were hereby further advised that Mrs Veronica de Klerk has been re-appointed to the board and the appointment of Mr Jabulani Mahlangu as an independent non-executive director has been ratified.
23-Aug-2013
(Official Notice)
Shareholders were advised that the Abridged Audited Group Results, together with notice of annual general meeting will be posted on 23 August 2013 and contains no modification to the Abridged Audited Group Results for the year ended 31 March 2013 released on SENS on 26 June 2013. Shareholders were further advised that the Integrated Annual Report and Annual Financial Statements for the year ended 31 March 2013 are available on the company's website at www.tgi.na . The Integrated Annual Report and Annual Financial Statements are also available for inspection at the company's registered office.



AGM notice

Notice was given that the annual general meeting of shareholders of Trustco will be held at 12H00 on 25 September 2013, 3rd floor, Trustco House, 2 Keller Street, Windhoek, Namibia to conduct such business as stated in the notice of annual general meeting.
22-Aug-2013
(Media Comment)
According to Business Day, Trustco had received R300 million in funding from the International Finance Corporation. Trustco will use the funds to boost its South African micro-insurance operations, enhance its R460 million student lending book in Namibia and help the company expand on the continent.
21-Aug-2013
(Official Notice)
13-Aug-2013
(Official Notice)
Shareholders were referred to prior cautionary announcements, the last of which was published on 08 July 2013, relating to the International Finance Corporation ("IFC") in principle agreement for the subscription of shares and partial bond guarantee and were advised that the company is currently still in negotiations with the IFC, which negotiations, if successfully concluded, may have a material effect on the price of Trustco's securities.



Accordingly shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
31-Jul-2013
(Official Notice)
15-Jul-2013
(Official Notice)
Trustco announced that Global Credit Rating Co. ("GCR") (http://globalratings.net) has affirmed the long term national scale rating and affirmed the short term national scale issuer ratings assigned to Trustco of BBB-(NA) and A3(NA) respectively; with the outlook accorded as Stable.



Shareholders were further advised that according to GCR, the ratings underpin the group's growing franchise in micro-finance and insurance across the main Southern African markets, as well as a sound capitalisation and loan/credit policy.



Furthermore, being a dual listed entity, Trustco conforms to a high level of corporate governance in line with the King Report on Corporate Governance.



The current ratings, and stable outlook, have been maintained from the first initial GCR review conducted in 2012.



The full report is available on the Trustco website: www.tgi.na
08-Jul-2013
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was published on 27 May 2013, relating to the International Finance Corporation ("IFC") in principle agreement for the subscription of shares and partial bond guarantee and are advised that the Company is currently still in negotiations with the IFC, which negotiations, if successfully concluded, may have a material effect on the price of Trustco's securities. Accordingly shareholders are advised to continue exercising caution when dealing in the Company's securities until a full announcement is made.
27-Jun-2013
(Official Notice)
On 3 June 2013, the group acquired the rights to various leased premises, accompanying staff and PPE from Real People (Pty) Ltd. In terms of IFRS 3: Business Combinations, the acquisition meets the definition of a business combination. The business which forms a set of integrated branch outlets and skilled workforce across South Africa was acquired to increase the presence of the group in South Africa and facilitate sales of Trustco products through direct outlets.



The group will settle the transaction with two equal payments for R4.1m and a third and final payment to be determined based on the actual transfer date value of all the agreed assets and obligations less the difference between R9 million and the actual monthly operating expenses of the entity for the months of June and July 2013, the value of such final payment is expected to be similar to the first two payments. All consideration is by way of a cash settlement.
26-Jun-2013
(C)
Group revenue decreased to NAD595.2 million from NAD713.3 million. Gross profit decreased to NAD355 million from NAD392.9 million and profit after tax was lower at NAD39.4 million from NAD239.8 million, while headline earnings per share fell to NAD4.65cps from NAD20.27cps.



Dividend

The Board of Directors recommended on 2 November 2012 that an interim dividend of 1.90 cents per share be declared for the six months ended 30 September 2012. The dividend was paid on 14 December 2012. The board of directors recommended that no final dividend for the year ended 31 March 2013 would be declared.



Notice of AGM

The full integrated report including a notice of annual general meeting will be uploaded on the Company?s website tomorrow, 27 June 2013 and posted to shareholders of the Company who were recorded as such in the Company's securities register on Friday, 21 June 2013. Notice is hereby given to shareholders that the annual general meeting of the shareholders of the Company will be held in the Boardroom, 3rd floor, Trustco House, 2 Keller Street, Windhoek on Wednesday, 25 September 2013 at 12:00 to deal with such business as may lawfully be dealt with at the meeting in the manner required by the Companies Act, 28 of 2004 (as amended), as read with the Listings Requirements of JSE Limited (?JSE Listings Requirements?), which meeting is to be participated in and voted at by shareholders recorded in the company?s securities register on the record date of Friday, 13 September 2013. S hareholders are advised of the following applicable dates, last date for lodging forms of proxy for South African shareholders is Friday 20 September 2013 at 17H00 and Monday 23 Septembe r 2013 at 12H00 for all other shareholders. The last date to trade to be eligible to vote is Friday 6 September 2013.







04-Jun-2013
(Official Notice)
Shareholders were advised that the group is presently finalising its annual financial statements for the year ended 31 March 2013.



The group expect headline earnings per share to be at a minimum of 50% lower than the comparable period's 20.27 cents and that basic earnings per share for the year ended 31 March 2013 to be at a minimum of 60% lower than the prior period's 35.08 cents.



The expected decrease in earnings per share is mainly attributable to the following key factors in the 2013 financial period:



Reduced revenue and profitability in the Micro Insurance Segment in South Africa. The decrease in revenues is as a result of certain claims administration contracts that ended during the period and were not renewed; coupled with a significant investment and new business spend on launching the group?s micro-insurance products in South Africa.



Reduced revenue from property sales representing the final sales of properties in the Phase I of the ?Landbank? monetisation program, which began in the 2010 financial period. Phase II will only be ready for monetisation during the 2014 financial year.



Further details will be provided in the annual integrated report, due to be released on or about 21 June 2013.
27-May-2013
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was published on 15 April 2013, relating to the International Finance Corporation ("IFC") in principle agreement for the subscription of shares and partial bond guarantee and the application for registration of a listed medium term note programme, and are advised that the company is currently still in negotiations with the IFC, which negotiations, if successfully concluded, may have a material effect on the price of Trustco's securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a further announcement is made.
15-Apr-2013
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was published on 4 March 2013, relating to the International Finance Corporation (IFC) in principle agreement for the subscription of shares and partial bond guarantee and the application for registration of a listed medium term note programme, and are advised that the company is currently still in negotiations with the IFC, which negotiations, if successfully concluded, may have a material effect on the price of Trustco's securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
15-Mar-2013
(Official Notice)
Shareholders are advised that Mr. Floors Abrahams will be stepping down as the company's Financial Director effective 31 March 2013. He will however remain on the board as an executive director and Group Treasurer. Mr. Ryan McDougall has been appointed as Financial Director, effective 31 March 2013.
12-Mar-2013
(Official Notice)
Shareholders are advised that Mr Adrian Lee Bock has resigned from the Board of Trustco, effective 31 March 2013, having completed his mandate.
04-Mar-2013
(Official Notice)
Shareholders were referred to prior cautionary announcements, the last of which was published on 21 January 2013, relating to the International Finance Corporation ("IFC") in principle agreement for the subscription of shares and partial bond guarantee and the application for registration of a listed medium term note programme, and are advised that the company is currently still in negotiations with the IFC (www.ifc.org), which negotiations, if successfully concluded, may have a material effect on the price of Trustco's securities. Accordingly shareholders were therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
05-Feb-2013
(Official Notice)
Shareholders are advised that Mr Jabulani Mahlangu has been appointed to the Company's Board as an independent non- executive director and the Company?s Audit and Risk Committee effective from 04 February 2013.
01-Feb-2013
(Official Notice)
21-Jan-2013
(Official Notice)
Shareholders are referred to prior cautionary announcements, the last of which was published on 4 December 2012, relating to the International Finance Corporation ("IFC") in principle agreement for the subscription of shares and partial bond guarantee and the application for registration of a listed medium term note programme, and are advised that the Company is currently still in negotiations with the IFC (www.ifc.org), which negotiations, if successfully concluded, may have a material effect on the price of Trustco's securities.



Shareholders are further advised that the Company has received in principle approval from the JSE Ltd. for the registration of a listed domestic medium term note programme totalling R1 billion. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
04-Dec-2012
(Official Notice)
Shareholders are referred to the cautionary announcement released on SENS on 1 October 2012, specifically to paragraph 3 that read as follows:



The IFC will provide a partial credit guarantee of up to ZAR210 million (approximately USD25 million) in connection with Trustco's issuance of ZAR denominated bonds in the aggregate principal amount of up to ZAR350 million (approximately USD41.7 million). This is the envisaged first draw down from Trustco?s listed domestic medium term note program totaling ZAR 1 billion



Shareholders are advised that the domestic medium term note program (MTNP program) referred to above is not yet listed. The MTNP program has now been submitted to the JSE Limited (the JSE) for approval and until the MTNP program has been approved by the JSE and listed, shareholders are advised to continue to exercise caution when dealing in their Truscto shares until a further announcement is made.
12-Nov-2012
(Official Notice)
Shareholders were referred to the cautionary announcement, dated 01 October 2012, and were advised that the company is currently still in negotiations with the International Finance Corporation ("IFC") (www.ifc.org), which, if successfully concluded, may have a material effect on the price of Trustco's securities.



Accordingly shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
08-Nov-2012
(C)
Revenue for the interim period fell 15% to NAD230.1 million (NAD271.0 million). Gross profit also declined by 9% to NAD180.3 million (NAD197.5 million). Profit for the period attributable to owners decreased by 3% to NAD50.4 million) (NAD51.9 million). In addition, headline earnings per share grew 2% to NAD7.14 cents per share (NAD7.01 cents per share).



Dividend

The board declared an interim dividend of 1.90 cents per share for the 6 months ended 30 September 2012.



Prospects

Micro Insurance and Technology

Trustco and Shoprite Namibia entered into an agreement to provide free life cover insurance to regular Shoprite customers in Namibia. The group is confident that this unique method of making life cover free and accessible to thousands of Namibians who shop at Shoprite and have no access to the traditional distribution channels for insurance will provide generously to revenue in the future. The product was launched in Namibia in October 2012.



The Namibian micro insurance model is to be rolled out to South African clients in November 2012. This highly anticipated release should boost revenues in the South Africa operations and demonstrate an increased margin over the current product offerings.



The African continent's demand for micro insurance products has not been exhausted. Demand remains high and the current low penetration rates should provide further future growth in this segment.



Property

Phase 1 of the group's "Land Bank" development, which in total comprises 3.7 million square meters of industrial erven, has been substantially completed.



Five erven out of 49 remain unsold from the group's Phase 1 operation. Transfers of properties already sold are expected to be concluded in November 2012; this inflow of funds will result in a decrease in group's debtors' balances and improve the overall cashflow position of the group.
05-Nov-2012
(Official Notice)
The board of directors of Trustco informed shareholders that Ms M Gebhardt has resigned as company secretary, with effect from 30 November 2012. Mr DJ Steyn will be appointed as company secretary on 03 December 2012.
08-Oct-2012
(Official Notice)
Shareholders are advised that the group's subsidiary, Trustco Finance (Pty) Ltd has secured lines of credit from the African Development Bank (AfDB)( Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG)(www.deginvest.de) a German development finance institution and the Soci?t? De Promotion Et De Participation Pour La Coop?ration Economique (PROPARCO)( www.proparco.fr), a French development finance institution. The Agreement was concluded on 5 October 2012.



Shareholders are further advised that the AfDB line of credit amounts to ZAR 65 million with the DEG and PROPARCO combined lines of credit amounting to ZAR 100 million. The total facility of ZAR 165 million, together with the ZAR 80 million advanced in September 2010 by the International Finance Corporation (IFC) (www.ifc.org) is earmarked for the provision of educational loans to a further 19 500 students by Trustco Finance (Pty) Ltd in Namibia over the next 2 years.
01-Oct-2012
(Official Notice)
Shareholders are advised that Trustco (www.tgi.na) has, subsequent to negotiations, reached an in principle agreement with the International Finance Corporation (IFC) (www.ifc.org) which if successfully concluded may have a material effect on the price of Trustco's securities.



The salient features of the in principle agreements are as follows:

*The IFC will subscribe, pursuant to a specific new issue of shares for cash, of between 15 and 20 % of Trustco's outstanding issued share capital, about ZAR210 million, approximately USD25 million;

*The final price agreed per ordinary share of Trustco will be between ZAR 130cps and 145cps;

* The IFC will provide a partial credit guarantee of up to ZAR210 million, approximately USD25 million, in connection with Trustco's issuance of ZAR denominated bonds in the aggregate principal amount of up to ZAR350 million, approximately USD41.7 million. *This is the envisaged first draw down from Trustco?s listed domestic medium term note program totalling ZAR 1 billion;

*The proceeds of the bonds and equity investment will be used to fund expansion of Trustco's micro-lending and micro- insurance businesses in Namibia and abroad;

*The transactions are subject to a due diligence process to be undertaken by the IFC, commencing 1 October 2012;

*The transactions are further subject to both parties? final internal and Board approvals, regulatory approvals including but not limited to the JSE, the NSX and shareholders approvals where required; and

*It is envisaged that the transactions will be completed during Q1, 2013. The IFC previously provided lines of credit to Trustco amounting to ZAR80 million during 2010 in support of Trustco's micro- lending business towards education in Namibia.



Accordingly, shareholders are advised to exercise caution when dealing in he company's securities until a further announcement is made.
26-Sep-2012
(Official Notice)
The board of Trustco Group Holdings Ltd advises that at the Annual General Meeting of shareholders held today, 26 September 2012 all the resolutions as set out in the notice of annual general meeting were duly approved by the requisite majority. Shareholders are hereby further advised that Adv. Raymond Heathcote and Mr. Winton J Geyser have been re-appointed to the board and the appointment of Mr. Renier J Taljaard as an independent non- executive director has been ratified.
26-Sep-2012
(Official Notice)
Shareholders were referred to the SENS Announcement released on 6 December 2011 and were advised that the provision of free funeral insurance to Shoprite customers, based on basket spend in Shoprite stores across Namibia will commence on 1 October 2012. The product systems will be provided by Trustco Mobile and will be underwritten by Trustco Life (http://life.tm.na), both subsidiaries of Trustco, in Namibia.



Based on the success of this initiative, the product could in future be rolled out and made available in further markets where Shoprite operates or intends expanding to.



This initiative with Shoprite is in line with the group's strategic objective to provide the under and/or uninsured mass market with life benefits and with the group's strategic objectives to deploy its products within the wider African market.
28-Aug-2012
(Official Notice)
Shareholders were advised that the Trustco audited consolidated condensed Annual Financial Statements, together with the notice of annual general meeting will be posted on 28 August 2012 and contains no modifications to the Reviewed Provisional Consolidated Condensed Financial Results for the 12 months ended 31 March 2012 released on SENS on 30 May 2012 read with the SENS released on 18 July 2012.



Shareholders were further advised that copies of the full Integrated Annual Report will be available for downloading on Trustco's website by close of business today, www.tgi.na or upon enquiry a printed version may be requested from the Company Secretary at margotg@tgi.na



Notice is hereby given that the annual general meeting of shareholders of Trustco will be held at 12h00 on 26 September 2012, 3rd floor, Trustco House, 2 Keller Street, Windhoek, Namibia to conduct the business stated in the notice of annual general meeting.



Shareholders are further advised as to the below salient dates;

*Record date to receive the notice of Annual General Meeting: Friday, 17 August 2012.

*Last date to trade to be eligible to vote: Friday, 07 September 2012.

*Record date to be eligible to vote: Friday, 14 September 2012

*Last date for lodging forms of proxy for South African Shareholders: Friday, 21 September 2012 at 17h00.

*Last date for lodging forms of proxy for all other shareholders: 24 September 2012at 12h00.

*Date of the AGM: Wednesday, 26 September 2012 at 12h00.
13-Aug-2012
(Official Notice)
Trustco Group Holdings Limited is pleased to announce that Global Credit Rating Co ("GCR") (http://globalratings.net) has awarded it an initial Namibian Dollar currency long BBB- (triple B minus) and short term rating of) A3 (A three), with a stable outlook. Shareholders are further advised that according to GCR, the rating signifies satisfactory liquidity and adequate protection factors and was underpinned by low gearing, strong capitalisation and a solid earnings track record, whilst, in terms of its core insurance operations encompassing legal assistance, funeral and life cover for the mass market, the Group is strategically well placed and dominates its target market in Namibia. Furthermore, being a dual listed entity, Trustco conforms to a high level of corporate governance in line with the King Reports on Corporate Governance.



This investment grade rating is the first step in Trustco accessing the capital markets for funding and the proposed listed bond program which is expected to be in place by November 2012. The full report is available on the Trustco website: www.tgi.na.
08-Aug-2012
(Official Notice)
The board of directors of Trustco provided the now customary voluntary trading update in respect of the financial quarter ending 30 June 2012.



Group revenue increased 8% to NAD159.9 million (June 2011: NAD147.4 million) with earnings for the period having increased by 21% to NAD15.5 million (June 2011: NAD12.8 million). Basic earnings per share increased 19% to NAD2.25 cps, up from NAD1.89 cps. Headline earnings increased by 20% to NAD15.4 million, whilst headline earnings per share increased by 18% to NAD2.24 cps up from NAD1.90 cps.



The results have been achieved on the back of strong organic growth experienced in the group's core businesses and in the current markets of operation.
30-Jul-2012
(Official Notice)
Shareholders were advised that Mr. Ian T Barnard resigned from the board of Trustco Group International (Pty) Ltd., a 100% held South African subsidiary, effective immediately.
18-Jul-2012
(Official Notice)
Shareholders were advised that the restatement of the annual financial statements of the group for financial years 2010 and 2011, as indicated here-under, is necessitated as result of a pro active monitoring process by the JSE requesting compliance with IFRS and the voluntary early adoption of IAS12 by the group.



The pro active monitoring process identified that the acquisition transaction, as disclosed per note 18 on page 72 of annual financial statements 2011, would be more appropriately disclosed in compliance with IFRS, if the vendor shares to be issued as a result of the acquisition, was not accounted for as a reduction of a receivable by the seller, but rather an reduction of the bargain purchase.



Although this had no effect on the profits achieved for financial years 2010 and 2011, the restatement of these transactions in the respective periods had an influence on the headline earnings and headline earnings per share, as disclosed. The net result of this restatement is a decline in headline earnings per share of 2.21 cents for FY 2010 and an increase in headline earnings per share of 2.21 cents for FY 2011.



The group further decided to simultaneously voluntary early adopt IAS 12(Income Taxes) effective 31 March 2012, which the group would have been obliged to adopt in financial year 2013, therefore incorporating all restatements at the same time.



The adoption of IAS 12 results in the increase of profits of NAD33.1 million (FY 2012), NAD21.7 million (FY 2011) and NAD31.6 million (FY 2010) respectively. Earnings per share increased by 5.17 cents per share (FY 2012), 3.21 cents per share (FY 2011) and 4.66 cents per share (FY 2010) respectively due to the early adoption of IAS 12. This restatement will be incorporated in the annual report for the financial year ended 31 March 2012. The annual report will be circulated to shareholders circa 15 August 2012.
09-Jul-2012
(Official Notice)
Shareholders are advised that Mr. Renier Jacobus Taljaard has been appointed to the board of directors of the group as a non- executive director, effective 5 July 2012. Further to the announcement regarding the resignation of company secretary released on 23 August 2011 shareholders are advised that Mrs MA Gebhardt has been appointed company secretary.
28-Jun-2012
(Official Notice)
Shareholders are advised that Mr Ernest Cockcroft has resigned from the board of Trustco Intermediary Solutions (Pty) Ltd., a 100% held South African Subsidiary, effective the 30th of June 2012.
30-May-2012
(C)
Group revenue increased by 22% to NAD713 million from NAD587 million. Gross profit increased by 22% to NAD393 million from NAD322 million and EBITDA increased by 15% to NAD300 million from NAD262 million. Profit after tax increased by 9% to NAD207 million from NAD190 million, while headline earnings per share grew by 4% to NAD20.27cps from NAD19.48cps.



Dividend

The directors of Trustco announced that the board has passed a resolution on the 29 May 2012 to pay a final dividend of NAD2.25cps for the financial period ended 31 March 2012.



Outlook

The transactions already announced on SENS should be implemented during 2012. Greater emphasis will be placed on implementing the successful product offering in Namibia in other jurisdictions of current operation. Expansion into Africa and BRICS remains a priority of management despite global economic negativity. Basis for preparation and presentation of reviewed condensed consolidated annual financial statements.
07-May-2012
(Official Notice)
Shareholders are advised that the group's revenue for the twelve months period ended 31 March 2012 is expected to increase by between 15 and 25%. Gross profit is expected to increase by between 20% and 30% while profit before tax is expected to increase between 15% and 25% from the previous comparative period. Earnings and headline earnings are expected to increase by not more than 10% over those of the previous corresponding period.



Shareholders are referred to the voluntary announcement for the quarter ending 31 December 2011, released on SENS on 20 January 2012, regarding the Zimbabwean venture. The position remains unchanged for the financial period ending 31 March 2012.
04-Apr-2012
(Official Notice)
Shareholders are advised that Mr Theofelus Mberirua has resigned from the board of Trustco. As soon as a replacement has been identified, a further announcement will be made.
02-Apr-2012
(Official Notice)
The JSE advised that, after consultation with the company, Trustco will be moved onto the Main Board, in its respective sector. In order to identify Trustco's shares as African, they will be flagged "A" for African, along with other African securities listed on the JSE. This will take effect from 21 May 2012.
05-Mar-2012
(Official Notice)
Shareholders are advised that Dr. Tobias Aupindi has resigned from the board of Trustco Group Holdings Ltd. in order to pursue other business interests, effective the 15th of March 2012. As soon as a replacement has been identified, a further announcement will be made.
03-Feb-2012
(Official Notice)
Shareholders are referred to the announcement released on SENS on 1 February 2012 wherein it was advised that Mr. Johannes Jones, an alternate director to Quinton van Rooyen, purchased 156 000 shares at R1.28 per share on 30 and 31 January 2012 respectively. This was incorrect. The correct date and figures are as follows:

* Name of Trustco executive director: Mr. Johannes Jones

* Date of transaction: 30 January 2012.

* Price per share: 128c.

* Number of shares: 78 000

* Total value: R 99 840.00

* Class of security: Ordinary shares

* Nature of transaction: On market purchase of shares.

* Nature of Interest: Direct beneficial.
07-Dec-2011
(Official Notice)
Shareholders are referred to the announcement released on SENS on 28 October 2011 regarding the proposed specific share repurchase by Trustco of 74 331 920 or 10.5% of its ordinary shares in issue ("the repurchase shares") through the exercise by Trustco or its nominees of a call option over the repurchase shares ("the call option") or the exercise by the Fund of a put option over the repurchase shares ("the put option") (collectively, "the options") ("the transaction").



A circular containing details of the repurchase and containing a notice of general meeting of Trustco shareholders will be dispatched on or about 15 December 2011. This is a correction to the date of posting previously published on SENS on 25 November 2011. A general meeting of Trustco shareholders will be held at Trustco`s registered office, 2 Keller Street, Windhoek on Thursday, 19 January 2012, commencing at 12:00 for the purpose of considering and, if deemed fit, passing with or without modification, the relevant ordinary and special resolutions.



The salient dates and times pertaining to the transaction are as follows.

*Last day to trade to be eligible to vote at the general meeting Friday, 6 January 2012

*Record date in relation to the general meeting Friday, 13 January 2012

*Last day to lodge forms of proxy in respect of the general meeting by 12:00 (see note below) Tuesday, 17 January 2012

*General meeting to be held at 12:00 on Thursday, 19 January 2012

*Results of the general meeting released on SENS on Thursday, 19 January 2012





The cautionary announcement published on 28 October 2011 is hereby withdrawn.

06-Dec-2011
(Official Notice)
Shareholders are referred to the cautionary announcements dated 3 February 2011, 14 March 2011, 15 April 2011, 26 May 2011, 6 July 2011, 18 August 2011, 29 September 2011 and 10 November 2011 and are advised that a tripartite agreement between Trustco Mobile (Pty) Ltd, Shoprite Namibia (Pty) Ltd and Trustco Life Ltd, has successfully been concluded.



The salient features of the agreement are as follows;

* The agreement between the parties will give rise to the provision of free life cover to Shoprite customers based on their basket spend in Shoprite stores across Namibia.

* The initial term of the agreement will be for a trial period of six months.

* If the pilot project is deemed a success by the parties, it is envisaged that the model will be deployed in further markets where the parties operate.



As negotiations with Shoprite have now successfully been concluded, caution is no longer required to by shareholders when dealing in their securities.
25-Nov-2011
(Official Notice)
On 28 October 2011, Trustco released an announcement on SENS informing shareholders that the company has entered into an agreement with Renaissance Africa Master Fund ("the Fund") ("the agreement"), the terms of which may result in Trustco, or its nominee, repurchasing 74 331 920 or 10.5% of its ordinary shares in issue ("the repurchase shares") ("the announcement"). The announcement indicated that the circular containing details of the repurchase and containing a notice of general meeting of Trustco shareholders ("the circular") would be dispatched to shareholders on or about 25 November 2011. Shareholders are hereby advised that the date of posting of the circular has been amended and the circular will now be dispatched to shareholders on or about 9 December 2011.
25-Nov-2011
(C)
Total revenue increased by 38% to NAD331.4 million (NAD240.6 million). Gross profit jumped by 84% to NAD197.5 million (NAD107.4 million). Net attributable profit declined by 9% to NAD51.9 million (NAD57.2 million). In addition, headline earnings per share fell by 10% to NAD7.01c (NAD7.75cps).



Outlook



Micro insurance and technology

The African continent's demand for micro insurance products has not been exhausted and demand remains strong with low penetration rates, which should provide further future growth in this segment.



Micro finance and education

The demand for loans for educational purposes should increase towards the financial year-end as students register for the new academic year commencing in January. The demand for loans for educational purposes remains strong in Southern Africa.



Property and mortgage loans: Namibia

The demand remains high for serviced land in Namibia, in particular in the Windhoek Basin. The group expects the development and selling of its "Land Bank" to gain momentum. The first phase comprising 6% of total available land for sale is due for completion during the first half of 2012. The group has embarked on an accelerating program to monetize the "Land Bank".



Property and mortgage loans

Development has commenced on the "Land Bank" comprising a total of 3.7 million square meters that is available for sale, with the implementation of bulk services on phase 1, and the continuation of sales of industrial plots.
22-Nov-2011
(Official Notice)
The directors of Trustco announce that the board has passed a resolution on the 18th of November 2011 to pay an interim dividend of 1.75 cents per share for the financial period ended 30 September 2011. This represents a 17% growth from the interim dividend declared for the previous comparative period.



The salient dates for the payment of this dividend are set out below

*Last day to trade cum-dividend Friday, 13 January 2012

*Trading ex-dividend commences Monday, 16 January 2012

*Record date Friday, 20 January 2012

*Payment date Friday, 10 February 2012



Share certificates may not be dematerialised or rematerialised between Monday, 16 January 2012 and Friday, 20 January 2012, both days included. The dividend is declared in Namibia Dollars and payable in the currencies of the Republics of South Africa and Namibia which is pegged 1:1. Shareholders are further advised that 10% non-resident shareholders' tax on the declared dividend will be applicable to all shareholders with addresses outside of Namibia.
10-Nov-2011
(Official Notice)
Further to the cautionary announcements dated 03 February 2011,14 March 2011,15 April 2011,26 May 2011,6 July 2011,18 August 2011 and 29 September 2011 shareholders are advised that Trustco's subsidiary, Trustco Mobile (Pty) Ltd, remains engaged in negotiations, which have transpired for a longer duration than initially expected, with several parties in pursuance of its reported expansion strategy into Africa. The company is however confident that these negotiations will shortly be concluded and an announcement will be made to that extent in due course. The said negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made.

28-Oct-2011
(Official Notice)
17-Oct-2011
(Official Notice)
Shareholders were referred to the SENS announcement dated 26 July 2011, regarding the agreement between the company's subsidiary, Trustco Mobile (Pty) Ltd, Econet Wireless (Pvt) Ltd ("Econet") and First Mutual Life Assurance Company (Pty) Ltd ("the Parties") entered into for a fixed period of 18 months together with a notice period of 6 months ("the Agreement"). Following a purported appeal by Econet in respect of an order obtained by Trustco Mobile (Pty) Ltd on 25 July 2011, the following order has been granted by the High Court of Zimbabwe on 12 October 2011:



"First Applicant (Trustco Mobile (Pty) Ltd) and Second Applicant (Trustco Group International) are hereby allowed to execute the judgment" as "handed down in HC 6065/11 on 25 July 2011, notwithstanding First Respondent's (Econet Wireless (Pvt) Ltd) appeal under SC 171/11"



The High Court of Zimbabwe handed down the following interim order against Econet on the 25th of July 2011:



"1. The first respondent (Econet Wireless (Pvt) Ltd) is directed to restore to the first applicant (Trustco Mobile (Pty) Ltd) the internet based reporting links and all access to Trustco Mobile hardware and software, thus enabling it to monitor and process airtime purchase transactions and otherwise perform its obligations in terms of the agreement; and

2. The first respondent (Econet Wireless (Pvt) Ltd ) be directed to refrain from undertaking and implementing a competing, infringing service to that provided by the first applicant (Trustco Mobile (Pty) Ltd) in terms of the agreement."



In order to protect shareholders' interests, the company shall take all steps necessary to enforce the Court Order once confirmation has been obtained that the Order has been served on Econet.
29-Sep-2011
(Official Notice)
Further to the cautionary announcements dated 03 February 2011, 14 March 2011, 15 April 2011, 26 May 2011, 6 July 2011 and 18 August 2011 shareholders are advised that Trustco`s subsidiary, Trustco Mobile (Pty) Ltd, is currently still in negotiations, which have transpired for a longer duration than initially anticipated, with several parties in pursuance of its reported expansion strategy into Africa. The Company is confident that these negotiations will be concluded and an announcement will be made to that extent in due course.



The said negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders are advised to continue exercising caution when dealing in the company's securities until a full announcement is made.
23-Aug-2011
(Official Notice)
The board of directors of Trustco inform shareholders that Ms J Bazuin has resigned as company secretary with effect from the 22nd of August 2011. Per section 3.59 (a)of the NSX Listing Requirements and the JSE Limited Listings Requirements, Mrs. M Gebhardt has been appointed in her stead, in an acting capacity, until a further announcement is made in this regard.

19-Aug-2011
(Official Notice)
The board of Trustco advised that at the AGM of shareholders held today, all the resolutions as set out in the notice of AGM contained in the company's 2011 annual report, were duly approved by the requisite majority. Shareholders are hereby further advised that Ms V De Klerk has been re-appointed to the board and Mr Adrian Lee Bock has been appointed as an executive director with immediate effect. Furthermore, shareholders are advised that Ms Monica Nashandi has retired from the board as a non-executive director with effect from 19 August 2011.
18-Aug-2011
(Official Notice)
Further to the cautionary announcements dated 03 February 2011, 14 March 2011, 15 April 2011, 26 May 2011 and 6 July 2011 shareholders were advised that Trustco's subsidiary, Trustco Mobile (Pty) Ltd, is currently still in negotiations with several parties in pursuance of its reported expansion strategy into Africa. These negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement was made.
29-Jul-2011
(Official Notice)
Trustco has embarked on a policy of issuing quarterly trading updates, this being the first, in order to provide investors with timely insight into high- level financial performance trends.



Financial highlights

30 June 2011 - 30 June 2010 ("NAD '000")

* Revenue : 147 414 - 117 789

* Earnings for the period : 12 827 - 3 955

* Headline Earnings : 12 838 - 3 955

* Basic Earnings per share (cents) : 1.89 - 0.58

* Headline Earnings per share (cents) : 1.90 - 0.58



Shareholders were advised that it's the policy of the company to revalue its investment properties at each year end, hence the reported results, including that of the corresponding period, exclude the financial effects of any revaluation adjustments.
26-Jul-2011
(Official Notice)
Shareholders were referred to the SENS announcements dated 8 June 2011 and 17 June 2011 whereby Trustco announced that it had instructed its lawyers in Zimbabwe to apply for an interdict against Econet Wireless (Pvt) Ltd ("Econet "). The interdict sought to enforce Econet's compliance with its contractual obligations, as entered into in its tripartite agreement ("the agreement") with Trustco Mobile (Pty) Ltd ("Trustco Mobile") and First Mutual Life Assurance Company (Pty) Ltd ("First Mutual Life") ("the parties") dated 17 August 2010, and to prohibit Econet Wireless from infringing in any way on Trustco Mobile's Intellectual Property Rights which are protected under Zimbabwean and International intellectual property laws. The subject matter of the dispute relates to the "Ecolife" product in terms of which Econet subscribers were afforded free life insurance. Shareholders are advised that the High Court of Zimbabwe handed down the following interim order against Econet on the 25th of July 2011:



"1. The first respondent (Econet) is directed to restore to the first applicant (Trustco Mobile) the internet based reporting links and all access to Trustco Mobile hardware and software, thus enabling it to monitor and process airtime purchase transactions and otherwise perform its obligations in terms of the agreement; and

2. The first respondent (Econet) be directed to refrain from undertaking and implementing a competing, infringing service to that provided by the first applicant (Trustco Mobile) in terms of the agreement."



It is foreseen that none of the almost two million subscribers to "Ecolife" will loose any of their accumulated life cover, as Trustco Mobile anticipates the continuation of the venture in Zimbabwe to the benefit of all parties concerned.
20-Jul-2011
(Official Notice)
Shareholders are advised that the Trustco Abridged Financial Results and Annual Report for the year ended 31 March 2011, which contains the notice for the AGM, will be posted on or about 25 July 2011 and contains no modifications to the Reviewed Preliminary Consolidated Condensed Financial Results published on SENS on 26 May 2011, save for the diluted earnings per share (cents) and diluted headline earnings per share (cents) numbers which have changed from 28.02 and 19.48 respectively to 27.82 and 19.35 respectively as provision was made for the vendor shares to be issued in favour of DexGroup (Pty) Ltd upon payment by DexGroup to Trustco of the arbitration award. Shareholders are further advised that copies of the Abridged Financial Results and the Audited Annual Report will be available on www.tgi.na and upon enquiry to the Company Secretary at colineb@tgi.na.



Notice is hereby given that the annual general meeting of shareholders of Trustco will be held at 10h00 on 19 August 2011 in the Boardroom, 3rd Floor, Trustco House, 2 Keller Street, Windhoek to conduct the business stated in the notice of the annual general meeting, which is contained in the Annual Report.

15-Jul-2011
(Official Notice)
Further to the SENS announcement dated 25 March 2011, the board of directors of Trustco informed shareholders that Mrs. J Bazuin has been appointed as company secretary effective from 14 July 2011.
06-Jul-2011
(Official Notice)
Further to the cautionary announcements dated 03 February 2011, 14 March 2011, 15 April 2011 and 26 May 2011 shareholders were advised that Trustco's subsidiary, Trustco Mobile (Pty) Ltd, is currently still in negotiations with several parties in pursuance of its reported expansion strategy into Africa. These negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders were advised to continue exercising caution when dealing in the company's securities until a full announcement was made.
28-Jun-2011
(Official Notice)
Trustco announced that its board of directors resolved on 24 June 2011 that a final dividend of two cents per ordinary share be declared for the financial period ending 31 March 2011. This brings the total dividend payment for the year ending 31 March 2011 to 3.5 cents per ordinary share. The salient dates for the payment of this dividend are as follows:

* Last day to trade cum dividend: Friday, 15 July 2011

* Securities trade ex-dividend: Monday, 18 July 2011

* Record date: Friday, 22 July 2011

* Payment date: Friday, 12 August 2011.



The dividend is declared in Namibia Dollar and payable in the currencies of the Republics of South Africa and Namibia which is linked 1:1. Shareholders were furthermore advised that a 10% non-resident shareholder's tax on the declared dividend will be applicable to all shareholders on the JSE share register with addresses outside of Namibia.
17-Jun-2011
(Official Notice)
08-Jun-2011
(Official Notice)
Shareholders are referred to the SENS announcements dated 21 September 2010 and 30 September 2010, regarding the agreement between the company's subsidiary, Trustco Mobile (Pty) Ltd, Econet Wireless (Pte) Ltd ("Econet") and First Mutual Life Assurance Company (Pty) Ltd ("the parties") entered into for a fixed period of 18 months ("the agreement").



A dispute has arisen regarding the non payment of royalties and insurance premiums by Econet. Consequently, Econet has been placed on terms to effect payment. The matter has been referred to Trustco's legal counsel for further action, if required.
26-May-2011
(C)
Despite Southern Africa's slow emergence from the global recession, historical low interest rates and severe flooding in northern Namibia, Trustco was still able to provide a stellar performance. Group revenue increased by 8% to NAD475.5 million (2010: NAD442.1 million), and profit after tax increased by 38% to NAD189.8 million (2010: NAD137.5 million). while headline earnings grew by 55% to NAD132 million (2010: NAD85.3 million). Headline earnings per share rose by 55% to NAD19.48cps (2010: NAD12.60cps).



Dividend

A final dividend payment will be considered during the June 2011 Trustco board meeting.



Outlook

The availability of term debt will support the growth of the microfinance book along with the anticipated sales of Lafrenz industrial property. With Trustco Mobile now well proven and accepted in the mobile and insurance markets, growth of this segment is expected to significantly increase and pave the way for the expansion of Trustco's other products and service offerings into the rest of Africa.



Further cautionary cnnouncement relating to Trustco Mobile

Shareholders are referred to the cautionary announcements, dated 03 February 2011,14 March 2011 and 15 April 2011 and are advised that Trustco's subsidiary, Trustco Mobile, is currently still in negotiations with several parties in pursuance of its reported expansion strategy into Africa. These negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made by order of the board
03-May-2011
(Official Notice)
Shareholders are advised that the group's earnings for the 12 (twelve) months period ended 31 March 2011 are expected to increase by between 25% and 35% and headline earnings by between 55% and 70% over those of the previous corresponding period.



In compliance with the Namibian Stock Exchange Listings Requirements, Trustco Group Holdings Ltd shareholders are advised that for the 12th months period ended 30 March 2011, it is expected that the groups' earnings will materially exceed (between 10% and 30%) and the headline earnings are expected to substantially exceed (more than 30%) the comparative period. Shareholders are advised that the financial information that this trading statement is based upon has not been reviewed and reported on by the group's auditors. Holders of securities must exercise caution in their securities dealings until the publication of the relevant periods' financial results.
20-Apr-2011
(Official Notice)
Shareholders are advised that EcoLife, the joint venture between Econet Wireless Zimbabwe, First Mutual Life Zimbabwe and Trustco Mobile ("Trustco Mobile"), has reached 1.7 million registered subscribers as of today, with growth continuing at approximately 5000 new subscribers daily. The effect of the disconnection of mobile subscribers by the Postal and Telecommunications Regulatory Authority of Zimbabwe from 1 April 2011, is expected to have no material negative impact on Trustco Mobile's revenue for the period ending 31 March 2012. To date, no material negative effect has been observed. The situation is being monitored closely and any material change will be communicated to shareholders via SENS.
15-Apr-2011
(Official Notice)
Shareholders are referred to the cautionary announcements, dated 03 February 2011 and 14 March 2011, and are advised that Trustco's subsidiary, Trustco Mobile (Pty) Ltd, is currently still in negotiations with several parties in pursuance of its reported expansion strategy into Africa.



These negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made.

07-Apr-2011
(Official Notice)
In 2004 the company acquired 360 hectares (3.6 million square meters) of undeveloped land towards the north of Windhoek. Referred to within the group as the "Land Bank", this strategic acquisition has yielded its first significant returns through the sales of developed industrial plots. Basic services and bulk infrastructure are currently being installed.



During the financial year ended 31 March 2011, the group sold 54 000 square meters of the land for NAD68 million at an average of NAD1250 per square meter. This represents 3% of approximately 1.8 million square meters of sellable land. The "Land Bank" will continue to contribute to group profits as the group's target is to sell approximately 10% of the remaining land each year in order to fully optimize its value for shareholders.



Cash flows from the sale of land will be utilized to grow the group's core businesses, including the micro lending loan book of the group, when required. The acute shortage and high demand for vacant developed residential and industrial land in the Windhoek basin is expected to sustain this strategy.
25-Mar-2011
(Official Notice)
The board of directors of Trustco ("the board") informed shareholders that Mr PJ Miller has retired as company secretary with effect from 25 March 2011. Mrs C Bazuin has been appointed in his stead in an acting capacity, until a permanent appointment is made. A further announcement in this regard will be made in due course.
16-Mar-2011
(Official Notice)
Shareholders are referred to the announcement published on SENS on 7 February 2011. The company announced that there was no successful offer to acquire the Informante newspaper. The company therefore retains ownership of the newspaper and will continue to publish a weekly edition. There will be a shift in editorial policy in order to move the paper away from its present tabled policy. The decision to retain the newspaper will have no material effect on the company's financial position.
14-Mar-2011
(Official Notice)
Shareholders are referred to the cautionary announcement, dated 03 February 2011, and are advised that Trustco's subsidiary, Trustco Mobile (Pty) Ltd, is currently still in negotiations with several parties in pursuance of its reported expansion strategy into Africa. The negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders are therefore advised to continue exercising caution when dealing in the company's securities until a full announcement is made.

07-Feb-2011
(Official Notice)
Voluntary Announcement: Trustco Extends Tender Opportunity for the Informante newspaper. The company announces its intention to sell 100% of its interest in the weekly publication, Informante, via a public tender process. The Informante was established 10 years ago and initially served as an in-house publication for Legal Shield Namibia Limited, a subsidiary of Trustco. The paper quickly progressed into a tabloid newspaper during 2003. Sixty five thousand copies are currently distributed for free in Namibia. During the papers` tenor it has won numerous awards. It has also unearthed various cases of corruption, cases of abuse against women and children and has focused on the plight of marginalised groups in Namibia. In order to give all interested parties an equal opportunity to own part of the Informante, the Board has resolved to offer the newspaper for sale to the public, individuals or other interested groups. 30% of the equity will remain vested in individuals, including current staff that have helped to develop the Informante to what it is today.
03-Feb-2011
(Official Notice)
Shareholders are advised that Trustco's subsidiary, Trustco Mobile (Pty) Ltd, has entered into negotiations with several parties in pursuance of its reported expansion strategy into Africa. The negotiations, if successfully concluded, may have a material effect on the price of the company's securities. Accordingly shareholders are advised to exercise caution when dealing in the company's securities until a full announcement is made.
24-Jan-2011
(Official Notice)
Trustco announce a significant increase in the trading activity of the Company's shares on the JSE Africa Board during the 2010 calendar year in comparison to that of 2009. Trustco was the first company to list on the JSE Africa Board in February 2009. Approximately 60 million Trustco shares were traded on the JSE Africa Board last year, recording a value of R33 million, in comparison to 3.5m shares traded on the Africa Board for 2009, with a value of R2.2 million. This represents a staggering 1 589% increase compared to the previous year.



Trustco's share trading volumes on the Namibian Stock Exchange were also significantly higher between 2009 and 2010 with 2 392 790 trades recorded with a value of NAD 1 435 723. Trustco's share price closed at 66 cents on 31 December 2010 representing a 13% increase for the calendar year. Van Rooyen says the proliferation in Trustco trades on the African bourse vindicates the Group's decision to dual list the Company on the JSE Africa Board.



The Group commenced the year with the payment of an interim dividend of 1.5c per share, setting the pace for notable results for its current Financial Year ending 31 March 2011. Following the Group's recent expansion into Zimbabwe in partnership with Econet Zimbabwe, 1.2 million subscribers have opted for free life cover in terms of a unique mobile offering conceptualized and developed by Trustco. Van Rooyen says the further roll-out of micro lending for education in Namibia will be vigorously pursued in 2011.
03 Dec 2010 16:45:55
(C)
Total revenue decreased by 13% from R275.5 million to R240.6 million in 2010.Gross profit decreased by 16% to R107.4 million (2009: R128.6 million). Profit attributable to ordinary shareholders increased to 89% to R57.2 million (2009: R30.2 million). Headline earnings per share increased to 7.75cps (2009: 4.57cps).



Dividend

An interim dividend of 1.5cps was declared on 1 December 2010 and will be paid on Thursday 27 January 2011.



Prospects

With the roll out of Trustco Mobile beyond Namibian borders now well underway, Trustco expects this product to boost earnings from the second half of the current financial year. Trustco Mobile will also provide a sound platform to launch other financial services products into the African market, such as micro finance for educational purposes which in Namibia has proven to be a very unique business offering that supports social and economical development.
09 Nov 2010 12:27:31
(Official Notice)
Shareholders are advised that the group's interim results for the six months ended 30 September 2010 are expected to record an increase in earnings per share of more than 80% and an increase in headline earnings per share of between 60% and 80% over those of the previous corresponding period.
08 Nov 2010 15:54:29
(Official Notice)
The company's shareholders are advised that the following resolutions were adopted at the board meeting of the company held on 5 November 2010:



Appointment of chairman and deputy chairman

The Board unanimously resolved to appoint Adv R Heathcote (SC) as chairman of the board of Trustco and Mr T Mberirua as deputy chairman.



Appointment of chairman and members to audit and risk committee

The board unanimously resolved to appoint Mr W J Geyser as chairman of the audit and risk committee and Mr T Mberirua and Dr T Aupindi as members. Mr W J Geyser is a chartered accountant by profession. Ms M Nashanidi remains a member of the audit and risk committee.



Appointment of chairman and members to remuneration and nomination committee

The board unanimously resolved to appoint Mr T Mberirua as chairman of the remuneration and nomination committee and Dr T Aupindi as member. Ms V de Klerk will continue to serve on the committee.
11 Oct 2010 14:48:42
(Official Notice)
Shareholders are referred to the SENS announcements dated 21 September 2010 and 30 September 2010, regarding the proposed agreement between the company's subsidiary, Trustco Mobile (Pty) Ltd, Econet Wireless (Private) Ltd and First Mutual Life Assurance Company (Pty) Ltd ("the Parties") ("the Agreement"). Consequent upon the approval by the Commissioner of Insurance, Pension and Provident Funds in Zimbabwe, the Parties implemented the Agreement with effect from 7 October 2010. The company anticipates that the implementation of the Agreement will contribute positively to the group's micro-insurance segment.
05 Oct 2010 09:26:48
(Media Comment)
Trustco MD, Quinton van Rooyen, said in Business Report that the microlender will open up operations across the SADC, north and west Africa and parts of east Africa in the next ten years. Van Rooyen said Trustco plans to set up shop in Botswana, Burundi, Lesotho, Zambia, Ghana and Kenya in the next five years. Trustco is the only microlender from the SADC region to have such big ambitions since Blue Financial Services Ltd.
30 Sep 2010 17:32:04
(Official Notice)
Shareholders are hereby advised that the following appointments to the board of directors of the company were made, with immediate effect, at the company's Annual General Meeting which was held on 29 September 2010:

*Advocate R Heathcote was appointed as an independent non-executive director.

*Mr T Mberirua was appointed as an independent non-executive director.

*Mr W Geyser was appointed as an independent non-executive director.

*Mr T Aupindi was appointed as an independent non-executive director with immediate effect.

*Furthermore in compliance with paragraph 3.59(b) of the JSE Limited Listings Requirements, shareholders are advised that Mr G Walters has resigned from the board as executive director with effect from 1 October 2010.
30 Sep 2010 16:45:05
(Official Notice)
Resolutions passed at the AGM of the company The company's shareholders are advised that resolutions were adopted at the AGM of the company held on 29 September 2010.
30 Sep 2010 15:14:02
(Official Notice)
Shareholders are referred to item 5 of the salient terms of the agreement referred to in the announcement published on 21 September 2010 regarding the transaction between the company's subsidiary, Trustco Mobile (Pty) Ltd, Econet Wireless (Private) Ltd and First Mutual Life Assurance Company (Pty) Ltd ("the Parties"). The company is pleased to announce that the approval by the Commissioner of Insurance, Pension and Provident Funds in Zimbabwe was issued on 28 September 2010.
21 Sep 2010 11:38:35
(Official Notice)
The company announced that its subsidiary Trustco Mobile (Pty) Ltd, successfully concluded negotiations and entered into an agreement with Econet Wireless Ltd (www.econet.zw) and First Mutual Life Assurance Company Ltd (www.fmlzim.com), both being companies incorporated in Zimbabwe. Econet Wireless Ltd is a subsidiary of the Zimbabwe listed company, Econet Wireless Holdings Ltd (ZSE ticker Econet).



The salient terms of the agreement are the following:

* Trustco Mobile (Pty) Ltd licensed its patented transaction facilitation system branded as "The Trustco Mobile Concept" exclusively to Econet in Zimbabwe against payment of a monthly fee of USD1.00 monthly per subscriber.

* Econet will utilize the Trustco Mobile Concept to offer free life cover as a value added product to its subscribers.

* First Mutual Life Assurance Company, a subsidiary of Africa First Renaissance Corporation (www.afre.com)(ZSE ticker AFRE)and a registered insurer in Zimbabwe will underwrite the life cover against payment of an underwriting fee.

* The initial period of the agreement is for a fixed term of eighteen months where after it may be terminated by either party on six months written notice. The agreement marks the first phase of the implementation of the Trustco Mobile Concept into Africa and beyond Namibia. The company expects to conclude further agreements with other parties elsewhere in Africa. Further announcements will be made when necessary. The company expects that the conclusion of the agreement will contribute materially to the groups' micro insurance segment.

* The agreement will be implemented once the final approval of the insurance regulator in Zimbabwe is granted. The approval by the insurance regulator is expected shortly and a further announcement will be made in due course.



Cautionary announcement

The cautionary announcement published on 28 July 2010 is hereby uplifted.
21 Sep 2010 11:32:37
(Official Notice)
Shareholders are referred to the cautionary announcements published on 01 July 2010 and 13 August 2010. The company announced that the proposal was approved by the board of the IFC and the board of the company. The agreements were signed by the parties on 21 September 2010. The salient aspects of the loan are the following:

* The loan is for an amount of R80 million which will be disbursed at the borrower's discretion in the form of one or more fixed or floating rate rand disbursements.

* The loan is for a period of seven years and will be repaid in equal bi annual instalments, the first payment becoming due on 15 December 2012 and the final payment falling due on 15 June 2017.

* The loan shall carry interest calculated at JIBAR plus 5.25%.



The proposed investment will support the long term strategy of the group as it expands its micro-lending and education business in Namibia and in the Southern African region and will contribute to improving education and enhancing the productive capacity and job earning potential of Namibians and inhabitants of the Southern African countries.



Cautionary

The cautionary announcements published on 01 July 2010 and 13 August 2010 are hereby uplifted.
08 Sep 2010 17:03:25
(Official Notice)
Further to Trustco's reviewed provisional consolidated financial results for the year ended 31 March 2010, published on SENS on Wednesday, 2 June 2010, the annual report and notice for annual general meeting has been posted to shareholders. The annual report contains no modifications to the aforementioned published results.



The annual general meeting of the members of Trustco will be held at 10h00 on Wednesday, 29 September 2010 at the company's registered office, 3rd Floor Boardroom, Trustco House, 2 Keller Street, Windhoek, to transact the business as stated in the notice of the annual general meeting forming part of the annual report.
24 Aug 2010 13:45:26
(Official Notice)
Shareholders are referred to the company's Reviewed Provisional Consolidated Financial Results for the 12 months ended 31 March 2010, published on 2 June 2010. The company announces that its external auditors, BDO (Namibia) and BDO (South Africa) respectively completed their audit of the financial results and both published unmodified reports. The reports are not included in this announcement but are available for inspection at the company's registered office.



The company will not publish an abridged report as the information published on 2 June 2010 is unchanged. The Annual Report together with the Notice of The Annual General Meeting, scheduled for 10h00 on 29 September 2010, will be distributed to shareholders on 2 September 2010 but will also be available on the company's website (www.tgi.na) under the tab "Trustco Group Financial Results" following this Announcement.

13 Aug 2010 13:56:41
(Official Notice)
The company announces that the board of directors passed a resolution at its meeting held on 11 August 2010 to recommend to shareholders at the annual general meeting that the company will not pay any dividend for the financial year ended 31 March 2010.

The decision by the board was prompted by the following facts:

*The company's fund raising exercise, although in an advanced stage, is still not finalized.

*Trustco Mobile, the company's free insurance model, has not expanded into Africa within the time frame envisaged initially. The process although delayed is continuing.

*The loan book of Trustco Finance (Pty) Ltd is showing a strong demand for loans, which necessitates the reservation of capital to meet the demand.

The board resolved to re-assess the position of the company during November 2010 as far as the declaration of a dividend is concerned.

13 Aug 2010 07:34:42
(Official Notice)
Further to the cautionary announcement dated 1 July 2010 shareholders are advised that negotiations are still in progress which if successfully concluded may have a material effect on the price of the company's securities. Accordingly shareholders are advised to exercise caution when dealing in the company's securities until a further announcement is made.
28 Jul 2010 11:01:32
(Official Notice)
Shareholders are advised that Trustco Mobile (Pty) Ltd, a subsidiary of Trustco Group Holdings Ltd has entered into negotiations, which if successfully concluded may have a material effect on the price of the company's securities. Accordingly, shareholders are advised to exercise caution when dealing in the company's securities until a final announcement is made.
02 Jul 2010 10:07:57
(Media Comment)
According to Business Day, Namibian diversified services group Trustco Group Holdings said it had entered into negotiations with the International Finance Corporation ("IFC") in terms of which the IFC proposed to provide a seven-year senior loan of NAD80 million to support its student lending programme.
01 Jul 2010 10:53:26
(Official Notice)
Trustco has entered into negotiations with the International Finance Corporation (the "IFC") in terms of which the IFC proposed to provide a seven-year senior loan of NAD80 million (approximately USD10.9 million) to support the student lending program of Trustco Finance (Pty) Ltd ( "Trustco Finance"). Trustco Finance is a wholly owned subsidiary of the company. In the event that a detailed agreement is concluded with the IFC, shareholders will be duly advised of the terms and conditions thereof.



The proposed investment will support the long term strategy of the group as it expands its micro-lending and education business in Namibia and in the Southern African region. The proposal is subject to the necessary approvals by the company and the IFC. Further caution Shareholders are advised to exercise caution when dealing in the company's securities until a final announcement is made.
30 Jun 2010 09:31:23
(Official Notice)
Arbitration Award: Trustco Group International (Pty) Ltd and the South African Broadcasting Corporation (SABC) Trustco Group Holdings Ltd (the company) refers to the announcement published on 23 June 2010. The company was advised by its external legal representatives that there are good prospects that the amount of the award made by the arbitrator will be increased by an Appeal Tribunal.



Acting on that advice the company resolved to file an appeal against the award made seeking an increase in the amount awarded. A notice of appeal was served on the arbitrator and the SABC on 28 June 2010. The company nominated retired judge of appeal JH Conradie, retired judge of Appeal J Smalberger and retired judge of Appeal C Howie to constitute the Appeal Tribunal. A further announcement will be made when a date for the hearing of the appeal is determined. The company expects that the matter will be finalized in the current financial year.

23 Jun 2010 14:30:16
(Official Notice)
Arbitration proceedings between Trustco Group International (Pty) Ltd (TGI) and the South African Broadcasting Corporation In its previous annual reports, Trustco Group Holdings Limited ("the company"), referred to the pending arbitration proceedings between TGI and the South African Broadcasting Corporation.



The company hereby announces the final award made by the Arbitrator, Adv SF Burger SC on 21 June 2010 which reads as follows:

I accordingly make the following award against the SABC and in favour of Trustco

*Payment of the amount of R24,721,341.00.

*Interest a tempore morae on the amount in (1) from 22 October 2004 being the date of the statement of claim until date of payment.

*Costs of the arbitration, including my costs, costs of the venue and costs of recording and transcription services and the costs of two Counsel.

*The qualifying fees of Mr James Hodge.

The award although termed a final award is subject to an appeal by either party. An appeal must be lodged within 7 days from the date of the award. A follow-up SENS will be published after this period to inform the market of any further actions by either party.

02 Jun 2010 17:02:14
(C)
2010 marked another impressive year for the Trustco Group, considering the current economic climate. Group revenue increased by 14% and group earnings increased by 47% to NAD 137.5 million ( 2009: NAD 92.4 million). Headline earnings also increased by 20% to NAD 85.3 million (2009: NAD 71.3 million). Headline earnings per share rose by 17% to 12.60cps (2009: 10.81cps).



Dividend

The policy of the group is to declare dividends of between four and five times cover. In view of the financial results and growth prospects, the board will consider during June 2010 what dividend, if any, should be recommended to the AGM.



Outlook

The current organic growth is expected to continue especially in the core segments in Namibia. Expansion by means of acquisitions will only commence if the market conditions permit. Auditors review opinion The provisional condensed financial results of the Group for the period 31 March 2010 have been reviewed by BDO Namibia and BDO South Africa Incorporated, who have expressed unmodified review conclusion on the results. A copy of these reports are available for inspection at the company's registered office.
28 Apr 2010 16:02:30
(Official Notice)
Shareholders are advised that the group's earnings for the twelve month period ended 31 March 2010 are expected to increase by between 40% and 60% and headline earnings by between 15% and 35% over those of the previous corresponding period. Revenue is expected to increase by between 10% and 30% compared to the previous financial period.
28 Apr 2010 16:00:52
(Official Notice)
Trustco shareholders are referred to the announcement released on SENS on 24 March 2010 regarding the resignation of Mr. Dawid Namwandi as chairman of Trustco. A regular meeting was held by the Trustco board of directors ("the board") on the 31st March 2010 where it was resolved to call for nominations for an independent director to fill the vacancy until the next annual general meeting to be held. Nominations will close on 14 April 2010 and the board will re- convene as soon as possible thereafter to make an appointment. A further announcement will be made after the board has re-convened.
25 Mar 2010 08:01:03
(Official Notice)
The chairman of Trustco, Dr Dawid Namwandi was elected as a member of the National Assembly of Namibia. In addition he was appointed as the deputy-minister of education. In view thereof Dr Namwandi tendered his resignation as a director with immediate effect and effective from 24 March 2010. A regular meeting of the board of the company will be held on 31 March 2010. At that meeting the board will resolve to fill the vacancy caused by the resignation of Dr Namwandi until the next AGM. A further announcement will be made after the meeting to be held on 31 March 2010.
20 Nov 2009 15:06:27
(Official Notice)
The basic earnings per share, diluted earnings per share and headline earnings per share as stated in the interim results for the six months ended 30 September 2009 and 30 September 2008 which were published on 18 November 2009 were annualized in error. Shareholders should disregard the published eps numbers since they are incorrect.
17 Nov 2009 17:41:16
(C)
Total revenue increased by 24% from R222.2 million to R275.5 million in 2009.Gross profit increased by 18% to R128.5 million (2008:R108.9 million). Profit attributable to ordinary shareholders increased to 48% to R30.2 million (R20.5 million). Headline earnings on a per share basis increased to 9.13cps (6.37cps).



Dividends per share

No interim dividend was declared for the period under review.



Prospects

With signs that the world wide economic recovery is underway, Trustco expects the growth path maintained during the past five years to continue. Given that the groups tax assets will be fully utilised during this financial year, it is the boards opinion that most of this growth will be realised via Trustco Mobile's expansion, as well as continued growth from Trustco's resilient Namibian operations and the property division.
19 Oct 2009 16:34:31
(Official Notice)
Shareholders are advised that the company's earnings for the six months ended 30 September 2009 are expected to increase by between 35% and 55% and headline earnings by between 45% and 65% over those of the previous corresponding period. Revenue increased by between 20% and 30% compared to the previous financial period.
04 Sep 2009 16:38:49
(Official Notice)
Trustco shareholders are advised that all of the resolutions, with the exception of the ordinary resolution number seven and eight (relating to the staff incentive scheme), which were removed on request of the board of directors, tabled at the annual general meeting held on Friday, 4 September 2009 were passed by the requisite majority of shareholders.



Notice of a separate general meeting to discuss the changed summary of principle terms of the staff share incentive scheme and to vote on ordinary resolutions seven and eight, will be given in due course, if the need arises. The dividend of 2 cents per share has been declared and the dates are as follows:

* Last day to trade cum dividend -- Friday, 11 September 2009

* Securities trade ex-dividend -- Monday, 14 September 2009

* Record date -- Friday, 18 September 2009

* Payment date -- Friday, 2 October 2009
17 Aug 2009 11:29:02
(Official Notice)
Due to a delay caused by defective printing, the date of the AGM as published in the annual report and previously announced was changed from the 27th of August 2009 to the 4th of September 2009,10h00 on the 3rd Floor Boardroom of the Trustco Group Holdings Ltd's Office, 2 Keller Street, Windhoek. Please also note that dividend dates have been changed.

*Last day to trade cum dividend -- Friday, 11 September 2009

*Securities trade ex-dividend -- Monday, 14 September 2009

*Record date -- Friday, 18 September 2009

*Payment date -- Friday, 2 October 2009
07 Aug 2009 13:21:23
(Official Notice)
Certain line items in the balance sheet, income statement and cash flow statement as published on 28 May 2009, have been changed as a result of reclassifications which were done to improve the disclosure in the annual financial statements.

Notice is hereby given that the annual general meeting of shareholders will be held at 10:00 on 27 August 2009 at the registered office in Namibia to transact business as stated in the notice to the annual general meeting which forms part of the annual financial statements.
29 Jul 2009 15:48:22
(Official Notice)
Trustco Group Holdings Ltd announces that its board of directors resolved on the 24th of July 2009 that a dividend be declared for the financial period ending 31 March 2009. The board resolved to recommend to the shareholders in the AGM, to be held on the 27thof August, 2009, that a final dividend of 2 cents per ordinary share be approved. An announcement confirming the proposed dividend will be made on SENS on Thursday, 27 August 2009. In compliance with the requirements of Strate and the NSX rules and regulations, the following dates are applicable:



*Last day to trade cum dividend - Friday, 4 September 2009

*Securities trade ex-dividend - Monday, 7 September 2009

*Record date - Friday, 11 September 2009

*Payment date - Friday, 25 September 2009



The dividend is declared in Namibian Dollars and payable in the currencies of the Republics of South Africa and Namibia which is linked 1:1. Shareholders are furthermore advised that a 10% non-resident shareholder's tax on the declared dividend will be applicable to all shareholders with addresses outside of Namibia. Share certificates may not be dematerialised or rematerialised between Monday, 7 September 2009 and Friday, 11 September 2009, both dates inclusive.
29 Jun 2009 09:16:20
(Official Notice)
Trustco Group announces the conclusion of an agreement between one of its subsidiaries, Trustco Mobile (Pty) Ltd and Powercom (Pty) Ltd, a subsidiary of Telecel Globe Ltd, trading as Cell One in Namibia. This agreement supercedes the test phase agreement previously entered into between Powercom (Pty) Ltd and Trustco Group International (Pty) Ltd on 8 April 2008 and announced on 16 April 2008. The parties were satisfied that the test phase was successfully completed. In terms of the new agreement, Trustco Mobile will expand its offer of free life cover from the limited customer base available during the aforementioned test phase to now cover all purchasers of Cell One airtime. Life cover will be extended on application, against a minimum airtime purchase per month. This offer will be exclusive to Cell One customers in Namibia for the duration of the agreement. This agreement commences on 1 July 2009, and will remain in force for a minimum period of one year. It includes provision for introductions to other mobile service provider subsidiaries of Telecel Globe Ltd. The board is confident that this agreement is fundamental to the continued development of this revolutionary product.
28 May 2009 10:45:02
(C)
Even though the second half of the year has historically contributed approximately 70% of the group's annual profit, expectations were exceeded as the second half of the 2009 financial year contributed ZAR72 million in profits after tax. This was mainly achieved through growth in revenue, improved spending measures and the sale of non-core operations. Attributable earnings increased by almost 20% from 2008. Headline earnings increased by 54%.



Dividend

The policy of the group is to declare dividends of between four and five times cover. In view of the financial results and growth prospects, during July 2009 the board will consider what dividend, if any, should be declared.



Outlook

The board remains optimistic about the future and expects the extraordinary growth to continue. This growth will be a combination of organic new ventures and acquisitions. Micro Insurance will remain an integral part of the group's strategy to achieve continued growth through the launch of new business initiatives into Africa. Future growth will further be driven by Micro Finance and Education through new course offerings and the Lafrenz housing project. Trustco expects that the group tax assets will be fully utilized during the next financial year resulting in a potential tax charge for the 2010 financial year.
23-Nov-2016
(X)
Trustco Group Holdings Ltd. is a Namibian based diversified listed financial services group. The Group invests excess returns in sustainable high growth assets in emerging markets. Trustco has a strong focus on identifying opportunities to enhance financial inclusion by transforming the digital landscape of financial services.
01 Apr 2009 15:14:11
(Official Notice)
Shareholders are advised that the company's earnings for the year ended 31 March 2009 are expected to increase by between 15% and 35% and headline earnings by between 40% and 60% over those of the previous corresponding period. Revenue increased by between 65% and 75% compared to the previous financial period. The financial information on which this trading statement is based has not been review or reported on by the company's auditors.



In compliance with the Namibian Stock Exchange listings requirements, Trustco Group Holdings Ltd shareholders are advised that for the 12 months period ended 31 March 2009, it is expected that the groups' earnings will materially exceed (between 10% and 30%) and the headline earnings are expected to substantially exceed (more than 30%) the comparative period. Revenue increased by between 65% and 75% compared to the previous financial period.
27 Feb 2009 11:30:11
(Media Comment)
The Financial Mail reported that Trustco's move to the JSE sets the company up for expansion into the rest of Africa. Its home market of Namibia, with just 400 000 salaried employees, is just too small a market to whom to sell its range of education micoloans, along with its legal and health insurance, says MD Quinton van Rooyen. However, Trustco has no plans at present to raise cash on the JSE, even though it purchased local microlender, Dex, in 2008. In addition, even though South Africa is an attractive market, van Rooyen is looking more at other countries in the region. Other countries include Angola, which has no insurance market, but contains six million cellphone users.
18 Feb 2009 14:54:06
(Official Notice)
Shareholders are referred to the cautionary announcement dated 9 January 2009 and are advised that as the negotiations have been suspended, caution is no longer required to be exercised by Trustco shareholders when dealing in their securities until further notice.
17 Feb 2009 14:40:48
(Official Notice)
Trustco Group Holdings Ltd announces that its subsidiary, The Institute For Open Learning (Pty) Ltd concluded an agreement with the International University of Management (Pty) Ltd. In terms of the agreement IOL will present the 32 accredited study courses of IUM by way of distance education throughout Namibia. It is planned to expand the presentation of new courses to other countries in Africa. The agreement is on similar terms as agreements IOL has with other educational institutions such as the North West University in South Africa.


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