CAPITEC BANK HOLDINGS LIMITED - Declaration Of A Dividend Of 404.21 Cents Per Non-Redeemable, Non-Cumulative, Non-Participating Preference Share

Declaration Of A Dividend Of 404.21 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 404.21 CENTS PER NON-REDEEMABLE, NON-
CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE SHARE
DIVIDEND”) – NUMBER 19

The directors of Capitec have approved and declared a preference share
dividend of 404.21 cents per share in respect of the six months ended on
29 February 2016. Payment will be effected on Tuesday, 29 March 2016.

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 404.21 cents per share
-   The dividend amount net of South African dividend tax of 15% is
    343.57850 cents per share
-   Capitec has 1 934 701 non-redeemable, non-cumulative, non-participating
    preference shares in issue
-   The distribution is made from income reserves
-   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          Wednesday, 16 March 2016
Trading ex-dividend commences           Thursday, 17 March 2016
Record date                             Thursday, 24 March 2016
Payment date                            Tuesday, 29 March 2016

Share certificates may not be dematerialised or rematerialised from
Thursday, 17 March 2016 to Thursday, 24 March 2016, both days inclusive.

Stellenbosch
29 February 2016
Sponsor – PSG Capital (Pty) Limited

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