Capital Adequacy- quarterly report 30 September 2013 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” or “the Group”) SASFIN HOLDINGS LIMITED AND ITS SUBSIDIARIES CAPITAL ADEQUACY – QUARTERLY REPORT 30 SEPTEMBER 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 30 September 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 2013 Integrated Annual Report and Audited Annual Financial Statements. This information is available on the website: www.sasfin.com. Sasfin Holdings Limited Sasfin Bank and Subsidiaries R'000 %age R'000 %age 1. Total Risk weighted assets & exposures 4 704 809 3 879 954 Credit risk 2 485 050 2 471 049 Operational risk 748 142 403 894 Market risk 245 396 245 396 Equity investment risk 468 249 35 749 Securitisation risk 550 614 550 614 Other risk 207 359 173 252 2. Common Equity Tier 1 Capital 904 573 19.23 783 844 20.20 Share Capital & Premium 145 236 313 476 Retained Earnings 1 052 560 582 860 Prescribed deductions and non-qualifying reserves -293 223 -112 492 Additional Tier 1 3. Capital Non-redeemable preference share capital 179 350 3.81 - - 4. Total Tier 1 Capital 1 083 923 23.04 783 844 20.20 5. Tier 2 Capital 123 874 2.63 82 874 2.14 Sub-ordinated Debt 74 205 74 205 General other reserves 45 898 4 898 General allowance for credit impairment 3 771 3 771 Total Qualifying Capital & Capital Adequacy ratio 1 207 797 25.67 866 718 22.34 6. Minimum Required Capital & Reserves 446 957 9.50 368 596 9.50 7. The South African economy faced a challenging environment, amid quantitative easing inflicted pressures and continued strike activity, rand volatility has escalated affecting growth levels required to stimulate the economy. Notwithstanding the above the Sasfin Bank Group remained well capitalised as at 30 September 2013 with a total capital adequacy ratio of 26% and a Tier 1 capital adequacy ratio of 23%, significantly exceeding minimum regulatory requirements. 4 December 2013 Johannesburg Lead Sponsor KPMG Services (Pty) Limited Joint Sponsor SASFIN CAPITAL A DIVISION OF SASFIN BANK LIMITED Date: 04/12/2013 04:12:00 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.