Extension For Publication Of Audited Interim Results For The 12 Months Ended 31 March 2020 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 OTCQX share code: TSCHY ISIN Number: NA000A0RF067 (“Trustco” or “the Company”) EXTENSION FOR PUBLICATION OF AUDITED INTERIM RESULTS FOR THE 12 MONTHS ENDED 31 MARCH 2020 Shareholders are referred to the announcement released on SENS on 31 March 2020 regarding the change in Trustco’s year end from 31 March 2020 to 30 September 2020 as well as the announcement released on SENS on 7 July 2020 regarding the appointment of Nexia SAB&T Chartered Accountants Incorporated as auditors of the Company. As a consequence of the change in year-end, the JSE required Trustco to publish audited interim results for the 12 months ended 31 March 2020 (“Audited Interim Results”). Accordingly, the Company would normally have been required to distribute the Audited Interim Results to shareholders by no later than 30 June 2020. Shareholders are further referred to the second market notice (“Second Market Notice”) issued by the Financial Services Conduct Authority (“FSCA”) on 29 May 2020, granting an extension of financial reporting periods and are advised that the Company will be utilising the one-month extension period afforded to issuers in that notice with interim period ends of 31 March 2020 and 30 April 2020. Therefore, the Company will utilise the extension granted to 31 July 2020 to continue to finalise the Audited Interim Results. However, due to the restrictions placed on the Company as a consequence of the Covid-19 pandemic, it took longer than expected to appoint new auditors of the Company. Furthermore, the international travel ban still prohibits the travelling of the auditors to Namibia and the National Lockdown still hinders the completion of the Audited Interim Results. Notwithstanding the extension granted and relied upon by the Second Market Notice, Trustco expects to only publish the Audited Interim Results on or about 30 September 2020. 15 July 2020 Komada Holdings (Pty) Ltd Company Secretary and Investor Relations Services to Trustco Group Holdings Limited Trustco Group Holdings Limited JSE Sponsor Vunani Corporate Finance - Johannesburg NSX Sponsor Simonis Storm Securities Proprietary Limited – Windhoek OTCQX Sponsor J.P Galda & Co – New York Date: 15-07-2020 03:39:00 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.