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TTO - Trustco Group Holdings Limited - Voluntary Announcement: Trading Update
for the first quarter ended 30 June 2011
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 Company" or "the Group" or "Trustco")
VOLUNTARY ANNOUNCEMENT: TRADING UPDATE FOR THE FIRST QUARTER ENDED 30 JUNE 2011
Trustco has embarked on a policy of issuing quarterly trading updates, this
being the first, in order to provide investors with timely insight into high-
level financial performance trends.
Financial Highlights: 3 Months Ended 3 Months Ended
30 June 2011 30 June 2010
N$ `000 N$ `000
Revenue 147 414 117 789
Earnings for the period 12 827 3 955
Headline Earnings 12 838 3 955
Basic Earnings per share (cents) 1.89 0.58
Headline Earnings per share (cents) 1.90 0.58
Shareholders are advised that it`s the policy of the company to revalue its
investment properties at each year end, hence the reported results, including
that of the corresponding period, exclude the financial effects of any
revaluation adjustments.
The financial information on which this voluntary trading update is based has
not been reviewed or reported on by the company`s auditors.
By order of the Board
J Bazuin
Company Secretary
Windhoek, 29 July 2011
NSX Sponsor
IJG Securities (Pty) Ltd
JSE Sponsor
QuestCo Sponsors (Pty) Ltd
Date: 29/07/2011 16:13:01 Produced by the JSE SENS Department.
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