Appointment Of Independent Non-Executive Directors To The Boards Of Capitec And Capitec Bank CAPITEC BANK HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1999/025903/06) JSE share codes: CPI - ISIN: ZAE000035861 JSE preference share code: CPIP - ISIN: ZAE000083838 (“Capitec”) Capitec Bank Limited (Incorporated in the Republic of South Africa) (Registration No. 1980/003695/06) Company code: BICAP (“Capitec Bank”) APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTORS TO THE BOARDS OF CAPITEC AND CAPITEC BANK In accordance with rule 3.59 (a & b) of the Listings Requirements of the JSE Limited, shareholders are hereby advised that Ms Lindiwe Angela Dlamini and Mr Kabelo Makwane have been appointed to the boards of Capitec and Capitec Bank with effect from 6 April 2017. Lindi holds a BA LLB, LLM (Tax)degree and is the group executive: human resources at PPS. Previously she was the managing director: retail at Alexander Forbes Group Holdings (2013-2015) and group executive: emerging consumer markets at Liberty Holdings (2011-2013). She gained extensive experience in various legal and risk management roles as well as in operations and customer services at Liberty Group (1998-2011). Kabelo holds a B.Comm degree and is the managing director of Technology Accenture, South Africa. Previously he was the managing director of Microsoft, Nigeria (2013-2016) which he successfully developed into a stand-alone subsidiary of Microsoft Corporation. He gained extensive experience in information technology and sales during his career at Storgate Africa (2001), Datacentrix (2001-2003), Unisys (2004), Cisco Systems (2004-2009) and Microsoft, South Africa (2009-2013). 7 April 2017 Stellenbosch Sponsor: PSG Capital (Pty) Limited Date: 07/04/2017 08:18:00 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.