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CAPITEC BANK HOLDINGS LIMITED - Voluntary trading statement

Release Date: 05/03/2014 14:57
Code(s): CPI     PDF:  
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Voluntary trading statement

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” or “the Company”)

VOLUNTARY TRADING STATEMENT

In accordance with the Company’s custom to keep shareholders informed the
board advises that a reasonable degree of certainty exists that earnings
and headline earnings per share for the year ended 28 February 2014 will
exceed the comparable earnings and headline earnings per share for the
year ended 28 February 2013 by between 12% and 16%.

The financial information on which this voluntary trading statement is
based has not been reviewed and reported on by Capitec’s auditors. The
financial results for the year ended 28 February 2014 are expected to be
published on or about 26 March 2014.

NATIONAL CREDIT REGULATOR

In last year’s Integrated Report the board reported that a notice had been
received from the National Credit Regulator alleging contraventions of the
National Credit Act, Act 34 of 2005. The board furthermore reported that
it had taken legal advice and believed the matter would be satisfactorily
resolved through due process. The matter will be heard by the National
Consumer Tribunal during March 2014. As reported previously, it is not
practicable to estimate the financial effect of any possible outflow.


By order of the Board
Stellenbosch
5 March 2014

Sponsor
PSG Capital (Pty) Limited

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