Ms. Laura Lepore reports

HOME CAPITAL PROVIDES UPDATE ON LIQUIDITY AND DEPOSITS

Home Capital Group Inc. has provided an update on the company's liquidity position as of May 22, 2017. The company continues to maintain sufficient aggregate liquidity and credit capacity.

• Aggregate available liquidity and credit capacity of approximately $1.46-billion, including the undrawn amount of $600-million under the company's $2.0-billion credit facility at end of day on May 22;
• The company also reports that it received today an additional draw of $250-million on its credit facility in preparation for the repayment of deposit notes, which is scheduled for May 24, 2017. The undrawn portion of the credit facility stands at $350-million, as of today;
• Home Trust high-interest-savings-account (HISA) deposit balances stood at approximately $115-million;
• Total guaranteed investment certificate (GIC) deposits, including Oaken and broker GICs, stood at approximately $12.33-billion, and Oaken savings accounts stood at approximately $144-million.

                    AGGREGATE LIQUIDITY AND CREDIT CAPACTIY AND DEPOSIT BALANCES
   
      Aggregate liquidity                HISA       Oaken savings            GIC             GICs in a 
      and credit capacity         ($ millions)        ($ millions)   ($ millions)*   cashable position
              ($ billions)                                                                 ($ millions) 

May 22              $1.46              $115.0              $144.3      $12,332.8                  $144
May 19              $1.46              $115.0              $146.1      $12,330.4                  $144
May 18              $1.47              $116.2              $145.8      $12,339.7                  $144
May 17              $1.47              $120.2              $145.2      $12,347.9                  $146
May 16              $1.48              $116.8              $146.0      $12,363.2                  $153
May 15              $1.48              $120.9              $146.1      $12,382.4                  $160
May 12              $1.51              $125.4              $150.5      $12,438.3                  $167
May 11              $1.56              $125.5              $153.6      $12,485.9                  $198
May 10              $1.61              $129.1              $155.2      $12,517.7                  $202
May 9               $1.60              $134.2              $155.4      $12,539.3                  $209
May 8               $1.71              $146.9              $158.7      $12,583.3                  $228

* GICs in a cashable position are included in the total GIC deposit balances reported daily.

Home Trust and Home Bank are members of CDIC. Deposits with each are separately eligible for CDIC coverage up to applicable limits.

About Home Capital Group Inc.

Home Capital Group is a public company, operating through its principal subsidiary, Home Trust Company. Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of insured residential mortgage products, consumer lending, and credit card services. In addition, Home Trust offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial. Home Trust also conducts business through its wholly owned subsidiary, Home Bank.

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