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TTO
TTO
TTO - Trustco Group Holdings Limited - Trading Statement
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
("the Group" or "Trustco")
TRADING STATEMENT
1. TRADING STATEMENT IN TERMS OF JSE LIMITED LISTINGSREQUIREMENTS
In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies
are required to publish a trading statement as soon as they are satisfied that a
reasonable degree of certainty exists that the financial results for the period
to be reported on next will differ by at least 20% from the financial results of
the previous corresponding period.
Shareholders are advised that the Group`s interim results for the six months
ended 30 September 2010 are expected to record an increase in earnings per share
of more than 80% and an increase in headline earnings per share of between 60%
and 80% over those of the previous corresponding period.
2. TRADING STATEMENT IN TERMS OF NAMIBIAN STOCK EXCHANGE LISTINGS
REQUIREMENTS
In compliance with the Namibian Stock Exchange Listings Requirements, Trustco
shareholders are advised that for the 6 month period ended 30 September 2010, it
is expected that the Groups` earnings will substantially exceed (more than 30%)
and the headline earnings are expected to substantially exceed (more than 30%)
those of the comparative period.
Shareholders are advised that the financial information on which these trading
statements is based has not been reviewed and reported on by the Group`s
auditors. Holders of securities must exercise caution in their securities
dealings until the publication of the relevant periods` financial results.
By order of the board
PJ Miller
Company Secretary
9 November 2010
Windhoek
Namibia
JSE Sponsor
QuestCo Sponsors (Pty) Ltd
NSX Sponsor
IJG Securities (Pty) Ltd
Date: 09/11/2010 12:25:02 Produced by the JSE SENS Department.
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