Addressing the False Presentation Distributed About Trustco TRUSTCO GROUP HOLDINGS LIMITED Incorporated in the Republic of Namibia (Registration number 2003/058) Registered as an external company in South Africa (External registration number 2009/002634/10) NSX share code: TUC JSE share code: TTO ISIN Number: NA000A0RF067 (“Trustco” or “the Company”) ADDRESSING THE FALSE PRESENTATION DISTRIBUTED ABOUT TRUSTCO Trustco shareholders (“Shareholders”) are referred to the SENS announcement published on 16 October 2018 regarding a false anonymous presentation. After obtaining external legal advice on how to address the distribution of the fraudulent presentation and to ensure that the author/s and peddlers of the presentation are held accountable, a complaint has been laid against various suspects at the Specialised Commercial Crimes Unit. The South African Police Service registered the complaint under case number CAS 525/11/2018. The Board believes it has a responsibility towards all stakeholders to protect them against any possible criminal behavior perpetrated by any individual or institutions. Windhoek, Namibia 15 November 2018 Amanda Bruyns Company Secretary: Trustco Group Holdings Limited JSE Sponsor Vunani Corporate Finance NSX Sponsor Simonis Storm Securities Proprietary Limited Date: 15/11/2018 03:50:00 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.