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Fri 29 Sep 2006, 17:04 NSX - Trustco Group Holdings Limited Staff Share I
JSE
 GEN                                                                             
NSX - Trustco Group Holdings Limited Staff Share Incentive Scheme               
TRUSTCO GROUP HOLDINGS LIMITED                                                  
Registration No. 2003/058                                                       
Registered in Namibia                                                           
ISIN Code: NA000A0KE891                                                         
NSX Share Code: TSO                                                             
Trustco Group Holdings Limited Staff Share Incentive Scheme                     
In terms of the prospectus (paragraph 10) dated 29 August 2006 the Board has    
approved the purchase of 13,362,860 shares at 320c (the offer price in the      
prospectus) from Quinton van Rooyen, who is the controlling shareholder, to the 
Staff Share Incentive Scheme. The Staff Share Incentive Scheme will only be     
implemented after approval from shareholders in a general meeting. The sale will
reduce Quinton van Rooyen"s holding to 71,9%.                                   
By order of the Board                                                           
G Spinas                                                                        
Company Secretary                                                               
Windhoek, 29 September 2006                                                     
Directors:                                                                      
TJ Frank (Chairman), V de Klerk, Dr H Geingob, Dr D Namwandi, M Nashandi, Q van 
Rooyen, FJ Abrahams                                                             
Sponsor                                                                         
Irwin, Jacobs, Greene & Associates (Pty) Ltd                                    
Windhoek, Namibia                                                               
Date: 29/09/2006 05:04:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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