results of AGM 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 ANNUAL GENERAL MEETING The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 22 September 2016, the following resolutions, as set out in the Integrated Annual Report posted to shareholders on 27 June 2016, were duly approved by the requisite majority of shareholders present and voting: Shareholders are advised that: - there were 772 142 090 shares in issue as at the date of the AGM; - the total number of shares that were present in person/represented by proxy at the AGM was 688 004 621 shares being 89.10% of the total number of shares in issue (“Shares Voted”). - Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the Shares Voted. Resolution Shares voted for Shares voted against Shares abstained Ordinary Business 1 Presentation and approval of annual 688 004 621 0 0 financial statements and reports for 100% 0% 0% financial year ended 31 March 2016 2 2.1) to re-appoint Adv R Heathcote 688 004 621 0 0 as non-executive director 100% 0% 0% 2.2) to re-appoint Mr R Taljaard as 687 823 777 180 844 0 non-executive director 99.97% 0.03% 0% 3 To re-appoint BDO Namibia as 684 529 348 3 475 273 0 independent group external auditors 99.49% 0.51% 0% 4 Non-binding advisory endorsement 687 823 777 180 844 0 of the company’s remuneration 99.97% 0.03% 0% policy 5 To approve the remuneration of the 684 348 504 3 656 117 0 non-executive directors 99.47% 0.53% 0% 6 General authority to issue shares for 687 737 961 266 660 0 cash 99.96% 0.04% 0% Special Business Shares voted for Shares voted against Shares abstained 1 General authority to repurchase 687 918 805 85 816 0 shares 99.99% 0.01% 0% 22 September 2016 Amanda Bruyns Company Secretary Trustco Group Holdings Limited Windhoek JSE Sponsor Sasfin Capital (a division of Sasfin Bank Limited) NSX Sponsor IJG Securities (Pty) Ltd. Date: 22/09/2016 04:09:00 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.