TTO - Trustco Group Holdings Limited - Withdrawal of Cautionary Announcement

TTO - Trustco Group Holdings Limited - Withdrawal of Cautionary Announcement    
relating to Trustco Mobile (Pty) Ltd                                            
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 Company" or "Trustco")                                                    
Withdrawal of Cautionary Announcement Relating to Trustco Mobile (Pty) Ltd      
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) Limited, Shoprite Namibia (Pty) Limited and Trustco
Life Limited, has successfully been concluded.                                  
The salient features of the agreement are as follows;                           
1    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.                                                      
2    The initial term of the agreement will be for a trial period of 6 months.  
3    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.         
By order of the Board                                                           
M Gebhardt                                                                      
Company Secretary                                                               
Windhoek, 6 December 2011                                                       
JSE Sponsor                                                                     
QuestCo Sponsors (Pty) Limited                                                  
NSX Sponsor                                                                     
IJG Securities (Pty) Limited                                                    
Date: 06/12/2011 07:05:58 Supplied by www.sharenet.co.za                     
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