CAPITEC BANK HOLDINGS LIMITED - Declaration of a dividend of 373.16 cents per non-redeemable,non- cumulative,non-participating preference share

Declaration of a dividend of 373.16  cents per non-redeemable,non- cumulative,non-participating preference share

CAPITEC BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/025903/06)
(JSE share code: CPIP
ISIN:     ZAE000083838)
(“Capitec”)

DECLARATION OF A DIVIDEND OF      373.16 CENTS PER    NON-REDEEMABLE, NON-
CUMULATIVE,   NON-PARTICIPATING   PREFERENCE  SHARE    (“PREFERENCE   SHARE
DIVIDEND”) – NUMBER 12

The directors of Capitec have declared a preference share dividend of
373.16 cents per share in respect of the six months ended 31 August 2012.
The preference share dividend has been increased by 11.11% to 83.33% of
prime in accordance with the announcement on SENS on 28 May 2012. Payment
will be effected on Tuesday, 25 September 2012.     This is the earliest
payment date possible in terms of the Listings Requirements of the JSE
Limited (“the Listings Requirements”).

The following information is disclosed in terms of paragraphs 11.17(a) (i)
to (x) and 11.17(c) of the Listings Requirements:

  The cash distribution is a dividend as defined in terms of the Income
  Tax Act (Act 58 of 1962)
  The South African dividend tax rate is 15%
  The gross dividend amount is 373.16 cents per share
  The dividend amount net of South African dividend tax of 15% is 317.186
  cents per share
  Capitec has 2 869 014 non-redeemable, non-cumulative, non-participating
  preference shares in issue
  No Secondary Tax on Companies (STC) credits were applied against the
  dividend
  Capitec’s tax reference number is 9405/376/84/0

The salient dates for the payment of the preference share dividend are set
out below:

Last day to trade cum-dividend          Friday, 14 September 2012
Trading ex-dividend commences           Monday, 17 September 2012
Record date                             Friday, 21 September 2012
Payment date                            Tuesday, 25 September 2012

Share certificates may not be dematerialised or rematerialised between
Monday, 17 September 2012 and Friday, 21 September 2012, both days
included.

Stellenbosch
31 August 2012
Sponsor – PSG Capital (Pty) Limited

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