TRUSTCO GROUP HOLDINGS LIMITED - Cautionary Announcement Renewal: Trustco Group Holdings Limited ("Trustco") Transactions In Progress

Cautionary Announcement Renewal: Trustco Group Holdings Limited ("Trustco") Transactions In Progress

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)
JSE share code: TTO
NSX share code: TUC
OTCQX share code: TSCHY
ISIN Number: NA000A0RF067
("Trustco" or "the Company")


CAUTIONARY ANNOUNCEMENT RENEWAL: TRUSTCO GROUP HOLDINGS
LIMITED ("TRUSTCO") TRANSACTIONS IN PROGRESS


1. Trustco Shareholders ("Shareholders") are referred to the cautionary
   announcements released on SENS on 16 January 2024 and 27 February 2024
   respectively, regarding the Company's processes of concluding pivotal
   transactions with key shareholders.


2. Shareholders are also referred to the announcement released on SENS on 2 April
   2024 regarding the postponement of the repayment towards Next. Capital (Pty)
   Ltd ("Next").


3. The anticipated transactions as described in the beforementioned SENS
   announcements are in the final stages of being submitted to board for
   consideration and approvals, whereby the necessary announcements will be
   made.

4. If negotiations are successfully concluded, these Transactions might have a
   material effect on the price of the Company's securities. Shareholders are hereby
   advised that the Company is in the process of finalising the terms of the
   Transactions.


5. Accordingly, Shareholders are advised to continue to exercise caution when
   dealing in the Company's securities until a further detailed announcement
   regarding the agreed terms of the Transactions is made. Any questions can be
   sent via email to the company secretary at komada@tgh.na.



Windhoek, Namibia,
15 April 2024


Komada Holdings (Pty) Ltd
Company Secretary and Investor Relations Services to 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: 15-04-2024 03:48:00
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