Dealing in Securities by an Associate of a Director CAPITEC BANK HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number: 1999/025903/06) Share Code: CPI ISIN Number: ZAE000035861 DEALING IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities by an associate of a director is disclosed: NAME OF DIRECTOR M S du P le Roux NAME OF ASSOCIATE Limietberg Sekuriteit (Pty) Ltd DIRECTOR’S RELATIONSHIP WITH Mr Le Roux is a director of ASSOCIATE Limietberg Sekuriteit (Pty) Ltd COMPANY OF WHICH HE IS A DIRECTOR Capitec Bank Holdings Limited STATUS Non-Executive Director CLASS AND TYPE OF SECURITIES Ordinary shares DATE OF TRANSACTION 19 December 2018 NUMBER OF SECURITIES TRANSACTED 1 250 000 NATURE OF TRANSACTION Collar (Long Put and Short Call) PUT STRIKE PRICE R 970.53 CALL STRIKE PRICE R 1,833.23 OPTION STYLE European EXPIRY DATE 3 years on average TRADE Off Market NATURE AND EXTENT OF THE Indirect, non-beneficial DIRECTOR’S INTEREST IN THE TRANSACTION Due to the continued volatility in the market and Mr le Roux's age, this transaction enabled Limietberg Sekuriteit (Pty) Ltd (“Limietberg”) to protect the downside risk of the share price at 90% of the current value (“Put strike price”) on 1 250 000 Capitec shares. In order to reduce the cost of the protection, Limietberg was willing to forfeit the growth above 170% of the current value (“Call strike price”) of the shares. It is Limietberg's intention to cash settle the transaction at maturity as opposed to selling any shares. 20 December 2018 Sponsor PSG Capital Date: 20/12/2018 12:35:00 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.