CAPITEC BANK HOLDINGS LIMITED - Trading statement & Moodys rating action

Trading statement & Moody’s rating action

CAPITEC BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/025903/06)
(Ordinary Share Code: CPI ISIN Number: ZAE000035861)
(Preference Share Code: CPIP ISIN Number: ZAE000083838)
(“Capitec”)

TRADING STATEMENT & MOODY’S RATING ACTION

Trading Statement

In terms of the Listing Requirements of the JSE Limited, a listed company
is required to publish a trading statement as soon as it becomes aware
that the financial results for the financial period to be reported on next
will vary by 20% or more from those of the previous comparable period.

Capitec hereby advises that a reasonable degree of certainty exists that
earnings and headline earnings per share for the year ended 28 February
2013 will exceed the comparable earnings and headline earnings per share
for the previous corresponding period being 29 February 2012 by between
32% and 36%.

The financial information on which this trading statement is based has not
been reviewed and reported on by Capitec’s auditors. The financial results
for the year ended 28 February 2013 are expected to be published on or
about 27 March 2013.

Moody’s Rating Action

Capitec Bank Limited, a wholly owned subsidiary of Capitec, records that
Moody’s Investors Services affirmed the bank’s A2.za/P-1.za national-scale
issuer’s ratings and changed the outlook from positive to stable. Per the
rating agency, the outlook reflects their assessment of the risks
associated with the continued challenging operating conditions in South
Africa’s unsecured lending market, which will likely weigh on the bank’s
asset quality and profitability metrics.


By order of the Board
Stellenbosch
5 March 2013

Sponsor
PSG Capital (Pty) Limited

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