CAPITEC BANK HOLDINGS LIMITED - Quarterly Disclosure in terms of Regulation 43 of the Bank's Act 1990 (as amended)

Quarterly Disclosure in terms of Regulation 43 of the Bank's Act 1990 (as amended)

Capitec Bank Holdings Limited
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI   ISIN code: ZAE000035861
JSE preference share code: CPIP   ISIN code: ZAE000083838
(“Capitec”)

QUARTERLY DISCLOSURE IN TERMS OF REGULATION 43 OF THE BANK’S ACT 1990 (AS
AMENDED)

Capitec and its subsidiaries (“group”), have complied with the Bank’s Act
1990 (as amended), which incorporates the requirements of the Basel
Committee on Banking Supervision (Basel).

In terms of Pillar 3 of the Basel rules, the consolidated group is required
to disclose quantitative information on its capital adequacy ratios on a
quarterly basis.

The group’s consolidated capital position at the end of the first quarter
for the financial year ending on 28 February 2015 is set out below:


                                 1st Quarter 2015         4th Quarter 2014
                                    31 May 2014            28 February 2014

                                               Capital                  Capital
                                              Adequacy                 Adequacy
                                     R’000     ratio %        R’000     ratio %

 Common Equity Tier 1
 capital (CET1)                  9 330 718        31.0    9 042 668        30.4
 Additional Tier 1 capital
 (AT1)(1)                          207 175          0.7     207 175         0.7

TIER 1 CAPITAL (T1)              9 537 893        31.7    9 249 843        31.1


 Total subordinated debt(1)(2)   2 007 635                2 019 600
 Unidentified loan
 impairments                       333 253                  328 328

TIER 2 CAPITAL (T2)              2 340 888          7.8   2 347 928         7.9


TOTAL QUALIFYING REGULATORY
CAPITAL                          11 878 781       39.5    11 597 771       39.0



REQUIRED REGULATORY
CAPITAL(3)                       3 009 749                2 976 616

(1) Starting 2013, the non loss absorbent AT1 and T2 capital is subject to a
    10% per annum phase-out in terms of Basel 3.

(2) Starting 2013, a deemed surplus attributable to T2 capital of subsidiaries
    issued to outside third parties, is excluded from group qualifying capital in
    terms of the accelerated adoption of Basel 3. This deduction phases in at 20%
    per annum.

(3) This value is 10% of risk-weighted assets, being the Basel global minimum
    requirement of 8% and a South African country-specific buffer of 2%. In terms
    of the regulations the Individual Capital Requirement (ICR) is excluded.


By order of the Board


Stellenbosch
30 June 2014
Sponsor - PSG Capital (Pty) Limited

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