Capricorn Group Limited

(Incorporated in the Republic of Namibia) (Date of Registration: 5 September 1996) (Registration Number: 96/300)

Share code: CGP

ISIN: NA000A1T6SV9 ("Capricorn Group" or "the Group")

CAPRICORN GROUP'S NAMIBIAN CREDIT RATINGS AFFIRMED AND BANK WINDHOEK LIMITED'S NAMIBIAN AND SOUTH AFRICAN CREDIT RATINGS AFFIRMED WITH STABLE OUTLOOK

Shareholders and noteholders are advised that the rating agency Global Credit Rating Company ("GCR") has reviewed the Namibian ratings of Capricorn Group and the Namibian and South African ratings of Bank Windhoek Limited ("Bank Windhoek").

Capricorn Group's Namibian long and short-term issuer ratings were affirmed at AA-(NA) and A1+(NA), with a Stable outlook.

Bank Windhoek's Namibian long and short-term issuer ratings were affirmed at AA(NA) and A1+(NA), with a Stable outlook.

Bank Windhoek's South African national scale long-term issuer rating has been affirmed at A(ZA), with a Stable outlook.

The report can be viewed on Bank Windhoek's website: Bank_Windhoek_Credit_Rating.pdf

(bankwindhoek.com.na)

By order of the Board Windhoek

6 October 2023

Sponsor

PSG Wealth Management (Namibia) (Pty) Ltd

Member of the Namibian Stock Exchange

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Capricorn Group Ltd. published this content on 06 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 October 2023 07:49:22 UTC.