results of AGM 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”) RESULTS OF ANNUAL GENERAL MEETING The board of directors of Trustco advises that at the Annual General Meeting of shareholders held on 19 October 2017 (“AGM”), the following resolutions, as set out in the Integrated Annual Report posted to shareholders on 22 August 2017, were duly approved by the requisite majority of shareholders present and voting: Shareholders are advised that: - there were 772 142 090 shares in issue as at the date of the AGM; - the total number of shares that were present in person/represented by proxy at the AGM was 544 471 216 shares being 70.51% of the total number of shares in issue. - Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the shares voted. Resolution Shares voted for Shares voted against Shares abstained Ordinary Business 1 Presentation and approval of annual 544 319 727 12 521 138 968 financial statements and reports for 99.998% 0.002% 0.018% financial year ended 31 March 2017 2 2.1) To determine that the company 544 205 627 12 521 253 068 may appoint a maximum 99.998% 0.002% 0.033% number of 12 directors 2 2.2) to re-appoint Mr Jabu Mahlangu 544 152 646 12 551 306 019 as non-executive director 99.998% 0.002% 0.040% 2.2) to re-appoint Mr Winton Geyser 544 152 558 12 639 306 019 as non-executive director 99.998% 0.002% 0.040% 3 To re-appoint BDO Namibia as 541 873 285 2 408 512 189 419 independent group external auditors 99.557% 0.443% 0.025% 4 Non-binding advisory endorsement 539 959 657 4 201 937 309 622 of the company’s remuneration 99.228% 0.772% 0.040% policy 5 To approve the remuneration of the 543 975 790 185 804 309 622 non-executive directors 99.966% 0.034% 0.040% 6 General authority to issue shares for 540 281 798 3 993 896 195 522 cash 99.266% 0.734% 0.025% Special Business Shares voted for Shares voted against Shares abstained 1 General authority to repurchase 543 292 461 985 733 193 022 shares 99.819% 0.181% 0.025% 19 October 2017 Amanda Bruyns Company Secretary Trustco Group Holdings Limited Windhoek JSE Sponsor Sasfin Capital (a member of the Sasfin group) NSX Sponsor Simonis Storm Securities (Pty) Ltd Date: 19/10/2017 02:45:00 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.