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Fri 3 Feb 2006, 12:48 Mercantile Bank Holdings Limited - Press Release
MTL
 MTL                                                                             
Mercantile Bank Holdings Limited - Press Release                                
MERCANTILE BANK HOLDINGS LIMITED                                                
(Registration number 1989/000164/06)                                            
Member of CGD Group                                                             
Share code: MTL & ISIN: ZAE000064721                                            
PRESS RELEASE: RATINGS REVIEW (SENS)                                            
MERCANTILE BANK HOLDINGS LIMITED (`MERCANTILE")CREDIT RATINGS AFFIRMED          
CA-Ratings, South Africa"s principal locally owned ratings agency, affirmed     
yesterday the rating of Mercantile, as follows:                                 
* Long-term: zaA                                                                
* Short-term: zaA1                                                              
* Outlook:  Stable                                                              
The long-term rating indicates the strong capacity of Mercantile to pay         
interest and repay capital and the short-term rating indicates that the         
degree of safety regarding timely payment is very strong.                       
3 February 2006                                                                 
Contact: Leon Claassen                                                          
CA RATINGS                                                                      
PROFESSIONALS IN RISK ANALYSIS                                                  
FAX +27 11 786-7022                                                             
TEL +27 11 786-7000                                                             
PO BOX 87266                                                                    
HOUGHTON 2041                                                                   
SOUTH AFRICA                                                                    
Date: 03/02/2006 12:48:55 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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