Notification ito Section 122(3)(b) of the Companies Act and Paragraph 3.83(b) of the JSE Listings Requirements Capitec Bank Holdings Limited Incorporated in the Republic of South Africa Registration number 1999/025903/06 Registered bank controlling company JSE share codes: CPI - ISIN : ZAE000035861 ("Capitec" or the “Company”) NOTIFICATION IN TERMS OF SECTION 122(3)(b) OF THE COMPANIES ACT (ACT 71 OF 2008) AND PARAGRAPH 3.83(b) OF THE JSE LIMITED LISTINGS REQUIREMENTS – DISPOSAL OF INTEREST Shareholders were advised, on 10 November 2014, that the Company had received formal notification in the prescribed form (“formal notification”) that JP Morgan Chase and Co (“JP Morgan”), a global financial services institution, had increased its beneficial interest in the ordinary shares of Capitec through a number of subsidiaries to 6.23%. Shareholders are herewith advised that the Company has received formal notification from JP Morgan that it has disposed of a portion of its beneficial interest in the ordinary shares of Capitec. Accordingly, JP Morgan’s beneficial interest in Capitec has decreased to 4.96%. The Company has notified the Takeover Regulation Panel of the above in accordance with its obligations under section 122 of the Companies Act. Stellenbosch 28 April 2015 Sponsor: PSG Capital (Pty) Limited Date: 28/04/2015 12:30:00 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.