Results of general meeting 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 ("Trustco” or “the Company") RESULTS OF GENERAL MEETING The board of directors of Trustco (“the board”) advises that at the general meeting of the Company held today, 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. By order of the Board DJ Steyn Company Secretary Windhoek, 28 February 2014 JSE Sponsor Sasfin Capital (a division of Sasfin Bank Limited) NSX Sponsor IJG Securities (Pty) Ltd. Date: 28/02/2014 11:20:00 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 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 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.