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 ("Trustco" or “the Group”) TRADING STATEMENT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2016 Shareholders are advised that the Group is presently finalising its annual financial statements for the year ended 31 March 2016. The Group expects to report: an increase in revenue in comparison to the financial year ended 31 March 2015 (“prior period”) of between 8% and 18%, being between NAD 1.1 billion and NAD 1.2 billion. Revenue of NAD 1.02 billion was reported for the prior period; an increase in headline earnings per share (“HEPS”) in comparison to the prior period of between 22% and 42% being between 48.3 cents and 56.2 cents. The prior period reported HEPS was 39.6 cents; and an increase in basic earnings per share (“EPS”) in comparison to the prior period of between 11% and 31%, being between 48.4 cents and 57.1 cents. The prior period reported EPS was 43.6 cents. The expected increase in EPS and HEPS is mainly attributable to the following key factors in the 2016 financial period: an increase in insurance premiums and a reduction in cost arising from the insurance operations in comparison to the prior year; an increase in advances in the banking and finance segment; and an increase in the investments segment returns in comparison to the prior year. Further details will be provided in the Group results, for the year ended 31 March 2016, which will be released on or about 28 June 2016. The financial information on which this trading statement is based has not been reviewed or reported on by the Group’s auditors. Windhoek, Namibia 15 June 2016 Amanda Bruyns Company Secretary: Trustco Group Holdings Limited JSE Sponsor: Sasfin Capital (A division of Sasfin Bank Limited) NSX Sponsor: IJG Securities (Pty) Ltd Date: 15/06/2016 09:34:00 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.