CAPITEC BANK HOLDINGS LIMITED - Declaration of a dividend of 390.79 cents per non-redeemable, non-cumulative, non-participating preference share

Declaration of a dividend of 390.79 cents per non-redeemable, non-cumulative, non-participating preference share

CAPITEC BANK HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/025903/06)
(JSE share code: CPIP
ISIN:     ZAE000083838)
(“Capitec”)

DECLARATION OF A DIVIDEND OF 390.79 CENTS PER NON-REDEEMABLE, NON-
CUMULATIVE, NON-PARTICIPATING PREFERENCE SHARE (“PREFERENCE SHARE
DIVIDEND”) – NUMBER 18

The directors of Capitec have approved and declared a preference share
dividend of 390.79 cents per share in respect of the six months ended on
31 August 2015. Payment will be effected on Monday, 28 September 2015.

The following information is disclosed in terms of paragraphs 11.17(a)(i)
to (x) and 11.17(c) of the Listings Requirements:

-   The cash distribution is a dividend as defined in terms of the Income
    Tax Act (Act 58 of 1962)
-   The South African dividend tax rate is 15%
-   The gross dividend amount is 390.79 cents per share
-   The dividend amount net of South African dividend tax of 15% is
    332.17150 cents per share
-   Capitec has 2 117 997 non-redeemable, non-cumulative, non-participating
    preference shares in issue
-   The distribution is made from income reserves
-   Capitec’s tax reference number is 9405/376/84/0

The salient dates for the payment of the preference share dividend are set
out below:

Last day to trade cum-dividend          Thursday, 17 September 2015
Trading ex-dividend commences           Friday, 18 September 2015
Record date                             Friday, 25 September 2015
Payment date                            Monday, 28 September 2015

Share certificates may not be dematerialised or rematerialised between
Friday, 18 September and Friday, 25 September 2015, both days included.

Stellenbosch
31 August 2015
Sponsor – PSG Capital (Pty) Limited

Date: 31/08/2015 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.