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 Date: 19/06/2015 03:14:00 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.