CAPITEC BANK HOLDINGS LIMITED - Quarterly Disclosure In Terms Of Regulation 43 Of The Banks Act 1990 (As Amended)

Quarterly Disclosure In Terms Of Regulation 43 Of The Bank’s Act 1990 (As Amended)

Capitec Bank Holdings Limited
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI   ISIN code: ZAE000035861
JSE preference share code: CPIP   ISIN code: ZAE000083838
(“Capitec”)

QUARTERLY DISCLOSURE IN TERMS OF REGULATION 43 OF THE BANK’S ACT 1990 (AS
AMENDED)

Capitec and its subsidiaries (“the group”), have complied with the Bank’s
Act 1990 (as amended), which incorporates the requirements of the Basel
Committee on Banking Supervision (Basel).

In terms of Pillar 3 of the Basel rules, the consolidated group is required
to disclose quantitative information on its capital adequacy ratios on a
quarterly basis.

The group’s consolidated capital position at the end of the third quarter
for the 28 February 2015 financial year end is set out below:


                               3rd Quarter 2015         2nd Quarter 2015
                               30 November 2014           31 August 2014

                                            Capital                    Capital
                                           Adequacy                   Adequacy
                                  R’000    ratio %           R’000    ratio %

 Common Equity Tier 1
 capital (CET1)               10 463 372       29.9      9 869 313         29.9
 Additional Tier 1
 capital (AT1)(1)                207 175        0.6        207 175          0.6

TIER 1 CAPITAL (T1)           10 670 547       30.5     10 076 488         30.5


 Total subordinated
 debt(1)(2)                    2 045 928                 2 036 896
 Unidentified loan
 impairments                     383 457                   362 810
TIER 2 CAPITAL (T2)            2 429 385        7.0      2 399 706          7.3


TOTAL QUALIFYING
REGULATORY CAPITAL            13 099 932       37.5     12 476 194         37.8

REQUIRED REGULATORY
CAPITAL(3)                     3 494 010                 3 299 123

(1) Starting 2013, the non loss absorbent AT1 and T2 capital is subject to a
    10% per annum phase-out in terms of Basel 3.

(2) Starting 2013, a deemed surplus attributable to T2 capital of subsidiaries
    issued to outside third parties, is excluded from group qualifying capital in
    terms of the accelerated adoption of Basel 3. This deduction phases in at 20%
    per annum.

(3) This value is 10% of risk-weighted assets, being the Basel global minimum
    requirement of 8% and a South African country-specific buffer of 2%. In terms
    of the regulations the Individual Capital Requirement (ICR) is excluded.

By order of the Board
Stellenbosch

12 December 2014
Sponsor - PSG Capital (Pty) Limited

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