Quarterly Report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended). SASFIN HOLDINGS LIMITED (Incorporated In the Republic Of South Africa) Registration Number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 SASFIN HOLDINGS LIMITED / SASFIN BANK LIMITED CAPITAL ADEQUACY – QUARTERLY REPORT 31 March 2013 Quarterly Report in terms of Regulation 43 (1) (e) (ii) of the Banks Act 1990 (as amended). In terms of the requirements of the Banks Act, and the banking legislation under Basel III, all registered banks and bank controlling companies are obliged to report certain qualitative and quantitative information on a regular basis to the public. The following table sets out Sasfin Group’s quantitative information relating to its Capital and Capital Adequacy levels as at 31 March 2013, and meets the ongoing reporting requirements for a quarterly disclosure in terms of Pillar 3 of the Basel III Accord. The qualitative information regarding the Group's Capital Management Plan and Strategy is fully disclosed in the Group's 2012 Integrated Annual Report and Audited Annual Financial Statements. This information is available on the website: www.sasfin.com. Sasfin Holdings Sasfin Bank and Limited Subsidiaries R'000 %age R'000 %age Total Risk weighted assets & 1. exposures 4 002 036 3 183 728 Credit risk 1 841 496 1 817 604 Operational risk 756 608 393 660 Market risk 203 547 203 547 Equity investment risk 448 858 38 435 Securitisation risk 513 481 513 481 Other risk 238 046 217 001 2. Tier 1 Capital 852 351 21.30 705 541 22.16 Share Capital & Premium 163 686 313 476 Retained Earnings 1 018 052 524 005 Prescribed deductions and non-qualifying reserves -329 387 -131 940 3. Additional Tier 1 Capital Non-redeemable preference share capital 199 278 4.98 4. Total Tier 1 Capital 1 051 629 26.28 705 541 22.16 5. Tier 2 Capital 124 274 3.11 83 274 2.62 Sub-ordinated Debt 74 205 74 205 General other reserves 45 898 4 898 General allowance for credit impairment 4 171 4 171 Total Qualifying Capital & Capital Adequacy ratio 1 175 903 29.38 788 815 24.78 6. Minimum Required Capital & Reserves 380 193 9.50 302 454 9.50 7. The Eurozone, which is the country's major trading partner, continues to show signs of recession and increasing debt levels. This invariably impacts on South Africa's growth prospects, and coupled with the significant concerns around the political environment and the escalating politics and social unrest in South Africa, the country is faced with a weak growth trajectory. Sasfin Bank Group remained well capitalised as at 31 March 2013 with a total capital adequacy of 29% and a Tier 1 capital adequacy of 26%, significantly exceeding minimum regulatory requirements. The Group has successfully implemented the new Basel III requirements and currently meets both the liquidity and capital levels as stipulated in the Amended Regulations. 6 June 2013 Johannesburg Lead Sponsor KPMG Services (Pty) Limited Joint Sponsor SASFIN CAPITAL A DIVISION OF SASFIN BANK LIMITED Date: 06/06/2013 07:05:00 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.