Results of GM Trustco Group Holdings Limited Incorporated in the Republic of Namibia and registered as an external company in South Africa (Registration number 2003/058) (External Registration number: 2009/002634/10) NSX share code: TUC JSE share code: TTO ISIN Number: NA000A0RF067 (“Trustco”) RESULTS OF GENERAL MEETING Trustco shareholders (“Shareholders”) are referred to the circular dated 5 April 2018 (“Circular”) regarding the disposal of a 20% interest in Legal Shield Holdings Proprietary Limited (“Disposal”). Shareholders are advised that at the general meeting held today, Tuesday 15 May 2018 (“GM”), the resolutions set out below with regard to the Disposal were duly approved by the requisite majority of Shareholders present and voting. Where applicable, words and expressions in this announcement shall have the same meaning as assigned to them in the Circular. Details of the results of the voting are as follows: Resolution Shares voted Shares voted Shares voted Shares for against abstained Ordinary Resolution Number 1 403 110 658 940 837 404 051 495 1 193 197 Approval of the Disposal 99.77% 0.23% 0.14% Ordinary Resolution Number 2 403 110 658 940 837 404 051 495 1 193 197 Authority granted to Directors 99.77% 0.23% 0.14% Notes: 1. There were 827 142 090 Shares in issue as at the date of the GM. 2. 405 244 692 Shares were present/represented including proxies at the GM being 48.99% of the total number of Shares in issue. 3. Abstentions are represented as a percentage of the total number of Shares in issue while the Shares voted for and against are represented as a percentage of the Shares voted. All suspensive conditions to the Disposal have been meet and the Disposal has become unconditional in accordance with its terms. Windhoek, Namibia 15 May 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: 15/05/2018 11:57:00 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.