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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 LISTINGS REQUIREMENTS
In terms of the JSE Limited and Namibian Stock Exchange 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 of the period to be reported upon will differ by 20% or more from the
financial results of the previous corresponding period.
Shareholders are advised that the Group`s earnings for the 12 (twelve) months
period ended 31 March 2011 are expected to increase by between 25% and 35% and
headline earnings by between 55% and 70% over those of the previous
corresponding period.
The financial information on which this trading statement is based has not been
reviewed or reported on by the Group`s auditors.
2. TRADING STATEMENT IN TERMS OF NAMIBIAN STOCK EXCHANGE LISTINGS REQUIREMENTS
In compliance with the Namibian Stock Exchange Listings Requirements, Trustco
Group Holdings Limited shareholders are advised that for the 12th months period
ended 30 March 2011, it is expected that the Groups` earnings will materially
exceed (between 10% and 30%) and the headline earnings are expected to
substantially exceed (more than 30%) the comparative period.
Shareholders are advised that the financial information that this trading
statement is based upon 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
J Bazuin
Company Secretary
29 April 2011
NSX Sponsor
IJG Securities (Pty) Ltd
Registration No. 95/0080
JSE Sponsor
QuestCo Sponsors (Pty) Ltd
Registration No. 2004/018276/07
Date: 03/05/2011 07:30:03 Produced by the JSE SENS Department.
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