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Voluntary update on provision of free funeral insurance
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")
VOLUNTARY UPDATE RELATING TO PROVISION OF FREE FUNERAL
INSURANCE TO SHOPRITE CUSTOMERS BY TRUSTCO MOBILE AND TRUSTCO
LIFE
Shareholders are referred to the SENS Announcement released on
6 December 2011 and are 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.
By order of the Board
M Gebhardt
Company Secretary
Windhoek,26 September 2012
JSE Sponsor
Sasfin Capital
(a division of Sasfin Bank Limited)
NSX Sponsor
IJG Securities (Pty) Limited
Date: 26/09/2012 12:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
