TRUSTCO GROUP HOLDINGS LIMITED - Further update on Fides acquisition

Further update on Fides acquisition

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")


COMPETITIONS COMMISSION BOARD APPROVAL TO ACQUIRE FIDES BANK NAMIBIA LIMITED


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 Limited
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 Limited will be fully operational on 1 September 2014.


Sandra Miller
Company Secretary
Windhoek,
22 August 2014

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

NSX Sponsor
IJG Securities (Pty) Ltd.

Date: 25/08/2014 07:05:00 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.