TRUSTCO GROUP HOLDINGS LIMITED - Trading statement

Trading statement

TRUSTCO GROUP HOLDINGS LIMITED
Incorporated in the Republic of Namibia
(Registration number 2003/058)
NSX share code: TUC
JSE share code: TTO
ISIN Number: NA000A0RF067
("the Group")

TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2015

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.

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


19 June 2015

JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)

NSX Sponsor
IJG (Pty) Limited

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