JSE
BICAP                                                                           
BICAP - Capitec Bank Limited - Interest Rate Reset announcement                 
Capitec Bank Limited                                                            
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1980/003695/06)                                               
Company code: BICAP                                                             
("Capitec Bank")                                                                
INTEREST RATE RESET ANNOUNCEMENT                                                
CBL05          9.296% p.a. (370bps over 3 month Jibar of 5.596%) for the        
              period 02 February 2012 to 01 May 2012, payable on 02 May         
              2012 (Following*)                                                 
              Next reset: 02 May 2012                                           
JIBAR rates as at 02 February 2012: 3 Month 5.596%                              
*    When the Interest Payment Date falls on a non business day one of the      
    following Date Conventions will be applied, as specified for each           
    individual bond:                                                            
1.   Following - This means that the interest will be paid on the first         
    business day after the weekend or public holiday.                           
2.   Modified Following - This means that the interest will be paid on the      
    first business day after the weekend or public holiday. However, if the     
first business day after the weekend or public holiday falls in a new       
    calendar month the last business day before the weekend / public            
    holiday will be used instead.                                               
3.   Preceding - This means that the interest will be paid on the last          
business day before the weekend or public holiday.                          
03 February 2012                                                                
Debt Sponsor                                                                    
Rand Merchant Bank (A division of FirstRand Bank Limited)                       
Date: 03/02/2012 13:23:01 Produced by the JSE SENS Department.                  
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