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Wed 17 Dec 2008, 17:11 CPI/CPIP - Capitec - Capitec Bank Ratings Unchanged
CPI   CPIP
CPI                                                                             
CPI/CPIP - Capitec - Capitec Bank Ratings Unchanged                             
CAPITEC BANK HOLDINGS LIMITED                                                   
Registration number: 1999/025903/06                                             
JSE Share code: CPI      ISIN : ZAE000035861                                    
JSE share code: CPIP     ISIN : ZAE000083838                                    
("Capitec")                                                                     
CAPITEC BANK RATINGS UNCHANGED                                                  
The board of Capitec is pleased to announce that Moody`s Investors Service has  
kept the long-term national scale credit rating of Capitec Bank Limited,        
Capitec`s banking subsidiary, unchanged at A2.za.  The short-term rating at P-  
1.za remains similarly unchanged.  Both ratings` outlook remains stable.        
The board of Capitec is very positive about Moody`s decision to keep the rating 
unchanged in the current economic turmoil.  The long-term rating reflects a good
long-term credit quality and the short-term rating a strong ability to repay    
short-term debt obligations.                                                    
Stellenbosch                                                                    
17 December 2008                                                                
Sponsor                                                                         
PSG Capital (Pty) Limited                                                       
Date: 17/12/2008 17:11:19 Produced by the JSE SENS Department.                  
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