Operational Update: Resource Segment - Meya Mining 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”) OPERATIONAL UPDATE: RESOURCE SEGMENT - MEYA MINING Further to the operational update of 21 December 2017, related to Meya Mining’s exploration program, Trustco is pleased to inform Trustco shareholders (“Shareholders”) of the following operational activities and results: - A second kimberlite ore sample was extracted from the Meya River Sample and processed during January 2018. The Run of Mine (RoM) produced 3,668.78 carats and a second pass of the DMS tailings (DMS tailings audit), crushed down from 12mm to 8mm yield an additional 370.04 carats. The preliminary DMS tailings audit results suggests that an additional contribution exceeding 0.15 carats per tonne could be liberated if the processing plant flow sheet is adjusted from a closed size setting of 12mm to 6mm in the final crushing circuit. - Export Parcel 005, containing 4,038.82 carats, was exported on 9 February 2018 to Antwerp and sold on tender by Miranel BVBA. - The first kimberlite ore sample from the Bardu Sample, which is approximately 7,2 km from the Meya Sample along the same geological strike/zone, was extracted and processed during February 2018. The Bardu RoM sample produced 747.35 carats and the DMS tailings audit an additional 79.73 carats. - Export Parcel 006, containing 2,127.02 carats (827.08 carats from Bardu and 1,299.94 carats from Meya) was exported on 15 March 2018 to Antwerp and sold on tender by Miranel BVBA. Table 1 below summarises the sales results of Meya Mining 5th and 6th diamond sample exports. Export No Export Date Carats Sold Total US $ Average US$/ct Koin Tender Export 005 9-Feb-18 4427.41 1154830 261 February 2018 Export 006 15-Mar-18 2117.83 642980 304 March 2018 Table 1 ? Meya Mining’s total sales to date (Exports 1 to 6) are summarised in Table 2 below. Export No Export Date Carats Sold Total US $ Average US$/ct Koin Tender Comments Export 001 9-Sep-17 2646.77 394363 149 October 2017 Bardu Weathered Meya River - Sample 1 Export 002, 003 & 004 11 & 21 Nov-17 3062.71 18166009 5931 December 2017 (Including Prosperity) Export 005 9-Feb-18 4427.41 1154830 261 February 2018 Meya River - Sample 2 Meya River ROM, Bardu Export 006 15-Mar-18 2117.83 642980 304 March 2018 Sample & Bardu Audit Sample Totals 12254.72 20358182 1661 Total (Including Prosperity) Table 2 - To conclude the Phase 1 exploration program and formulate a Resource Statement, Meya shall extract a second bulk sample from Bardu as well as sample from the Waterloo Sample, which is approximately 9 km from the Meya River sample along the same geological strike. - The Resource Statement delineating in extend of 11,5 km strike length down to 500m below surface is being formulated by SRK Consulting Canada who continuously verify all input factors related to the resource development programme. This includes the delineation drilling program, of which 14,517 meters have been drilled to date, the bulk sampling program as well micro diamond analysis. Meya aim to conclude the Phase 1 exploration program and related Resource Statement by end July 2018. SRK will submit a preliminary report during June 2018, which information will be included in the Integrated Annual Report 2018. Windhoek, Namibia 11 April 2018 Amanda Bruyns Company Secretary: Trustco Group Holdings Limited JSE Sponsor Sasfin Capital Proprietary Limited (a member of the Sasfin Group) NSX Sponsor Simonis Storm Securities Proprietary Limited Date: 11/04/2018 11:52:00 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.