The NSX listing committee this afternoon gave its final approval for Trustco Group Holdings to be listed on the primary board of the Namibian Stock Exchange. The company will have a market capitalization of more than N$440 million after listing on the NSX.

The IPO ran from 1 to 21 September 2006, and Trustco gained the support of more than 2500 shareholders, of which more than 50% is foreign investors. Over 30 institutions were allotted shares.

Processing of share application forms received from all over the country was ongoing until late this afternoon and many prospective shareholders missed out on the opportunity, after failing to apply for shares before the closing time of the IPO.

It is expected that the listing will be officiated with the traditional ring of the bell by the Right Honourable Prime Minister Nahas Angula, Deputy Chair of the NSX, Primus Hango and Trustco Group Holdings Board Chairman, Adv. T J Frank SC, on Wednesday morning, 27 September at 08h30 at the NSX, where after trade will commence.

All shareholders are invited to contact the following brokers to purchase or sell their shares: IJG (061 – 378800), Simonis Storm, Namibia Equity Brokers and Investment House Namibia.

All Trustco Offices will gladly assist members of the public with any enquiries regarding trading in shares. Contact our offices at:

Ongwediva Tel: 065 – 233300 Rundu Tel: 066 – 255066

Katima Tel: 066 – 254433 Keetmanshoop Tel: 063 – 225502

Walvis Bay Tel: 064 – 212000 Windhoek Tel: 061 – 275 4000