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”) RESULTS OF GENERAL MEETING The Board hereby advises that at the General Meeting of Shareholders held on Thursday, the 26th of October 2017, the resolutions, as set out in the Notice which was incorporated in the Circular (and using the terms defined therein in this announcement unless otherwise stated) distributed to Shareholders on 26 September 2017, were duly approved by the requisite majority of Shareholders present and voting, in person or represented by proxy. Shareholders are advised that: - the total number of Shares in issue as at the date of the General Meeting was 772 142 090 Shares; - the total number of Shares that were voted in person or by proxy was 402 078 270 Shares (which Shares excluded the Shares held by Riskowitz, Riskowitz Associates, the Chairman of the Board and the shares in treasury) being 52.073% of the total number of Shares in issue (“Shares Voted”); and - the abstentions are represented below as a percentage of the total number of Shares in issue while the Shares voted for and against are represented below as a percentage of the Shares Voted excluding abstentions. Details of the results of the voting are as follows: Resolution Shares voted Shares voted for Shares abstained against Ordinary Resolution Number 1 400 845 036 1 218 564 14 670 Approval of the Riskowitz Transaction 99.693% 0.303% 0.002% Ordinary Resolution Number 2 401 231 062 832 538 14 670 Authority granted to Directors 99.789% 0.207% 0.002% Windhoek, Namibia 26 October 2017 Amanda Bruyns Company Secretary: Trustco Group Holdings Limited Transaction Sponsor: Arbor Capital Sponsors Proprietary Limited JSE Sponsor: Sasfin Capital (a division of Sasfin Bank Limited) NSX Sponsor: Simonis Storm Securities (Pty) Limited Date: 26/10/2017 02:28:00 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.