Banks Act Regulation 43 Public Disclosures (Pillar 3)

MAY 2009 (first quarter)

Capitec Bank Holdings Limited and its subsidiaries (“group”), have complied with the Bank’s Act 1990 (as amended), effective 1 January 2008, which incorporates the requirements of Basel II.

In terms of Pillar 3 under Basel II, 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 1st quarter for the 28 February 2010 financial year end is set out below :

	1st Quarter 2010		4th Quarter 2009
	31 May 2009		29 February 2009
		Capital		Capital
		Adequacy		Adequacy
	R’000	Ratio %	R’000	Ratio %
• Qualifying ordinary share capital and reserves	1 224 914		1 206 620
• Qualifying preference share capital	154 606		154 606
PRIMARY (TIER 1) CAPITAL	1 379 520	40.4	1 361 226	42.1
• Qualifying unidentified loan impairments	33 868		31 420
SECONDARY (TIER 2) CAPITAL	33 868	1.0	31 420	1.0
TOTAL QUALIFYING REGULATORY CAPITAL	1 413 388	41.4	1 392 646	43.1

TOTAL REGULATORY CAPITAL REQUIREMENT	853 849		807 062