SENS

TTO : Increase in Share Capital:

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 "Company")

INCREASE IN SHARE CAPITAL

Trustco shareholders ("Shareholders") are referred to the announcement published on the

Stock Exchange News Service ("SENS") on 1 February 2024 regarding the results of the

Annual General Meeting ("2023 AGM").

Shareholders are reminded that the unissued shares are under the board's control, and the

board has the authority to issue shares under its general authority, as approved by

shareholders at the 2023 AGM.

The board exercised its general authority and issued 4,936,193 instruments to a public

shareholder at the 30-day VWAP of 6 August 2024, which was 36 cents per share. The new

Trustco shares were allotted and issued on 5 September 2024.

Following the listing of the new Trustco shares, there will be 992,174,774 shares in issue.

Windhoek, Namibia,

5 September 2024

Komada Holdings (Pty) Ltd

Company Secretary and Investor Relations Services to Trustco Group

Holdings Limited

JSE Sponsor

Vunani Sponsors

NSX Sponsor

Simonis Storm Securities Proprietary Limited - Windhoek

OTCQX Sponsor

J.P Galda & Co - New York

Date: 05-09-2024 05:25:00

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.