CAPITEC BANK HOLDINGS LIMITED - Benguela Global Fund Managers Letter To Capitec Conclusion Of Matter

Benguela Global Fund Managers’ Letter To Capitec – Conclusion Of Matter

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" or “the company”)

BENGUELA GLOBAL FUND MANAGERS’ LETTER TO CAPITEC –
CONCLUSION OF MATTER

We refer to a SENS announcement yesterday, 1 February
2018 directing shareholders to Capitec’s website for the
company’s response to Benguela Global Fund Managers’
(“BGFM”)concerns relating to a number of matters. We
advise that Capitec’s CFO, André du Plessis has had a
successful meeting with the BGFM team this morning.

We are pleased to advise that the BGFM team is satisfied
with Capitec’s response as set out in their same dated
response of which we include the full body of the letter:

“RE: Your letter of 01 February 2018

1. Thank you for your detailed letter (of 1 February
   2018) and a constructive meeting at our offices today
   addressing our concerns around the effect of
   rescheduling of loans on the business. We appreciate
   the exemplary way in which you handled our concerns.

2. We are comfortable with your extensive explanations.

3. We look forward to further constructive interactions
   in future.”

Refer to our website for this letter at
https://www.capitecbank.co.za/investor-relations

2 February 2018
Stellenbosch

Sponsor
PSG Capital

Date: 02/02/2018 04:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.