Results of General meeting 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”) RESULTS OF GENERAL MEETING The Board hereby advises that at the General Meeting of Shareholders held on Tuesday, the 22nd of January 2019, 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 14 December 2018, 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 974 265 619 Shares; - the total number of shares that were present in person/represented by proxy at the General Meeting was 934 931 459 shares being 95.96% of the total number of shares in issue; - the total number of Shares that were voted in person or by proxy was 354 011 017 Shares being 36.34% of the total number of Shares in issue (“Shares Voted”); - 580 920 442 shares being 59.63% of the total number of Shares in issue, were not eligible for voting due to being held by related parties, associates of related parties or treasury shares; 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 1 353 997 025 10 384 3 608 Approval of the Loan Transaction 99.9960% 0.0029% 0.0004% Ordinary Resolution Number 2 353 969 037 38 372 3 608 Approval of the issuance of the Conversion 99.9881% 0.0108% 0.0004% Option Ordinary Resolution Number 3 353 969 037 10 384 31 596 Authority granted to Directors 99.9881% 0.0029% 0.0032% Windhoek, Namibia 22 January 2019 Amanda Bruyns Company Secretary: Trustco Group Holdings Limited JSE Sponsor Vunani Corporate Finance NSX Sponsor Simonis Storm Securities Proprietary Limited Date: 22/01/2019 01:30:00 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.