Ms. Laura Lepore reports

HOME CAPITAL COMPLETES REPAYMENT OF DEPOSIT NOTES AND PROVIDES UPDATE ON LIQUIDITY, DEPOSITS AND MATURITIES

Home Capital Group Inc. has repaid $325-million of its outstanding deposit notes due May 24, 2017. The company continues to maintain sufficient aggregate liquidity and credit capacity and provided an update on its current position as of May 23, 2017.

• After the repayment of deposit notes, the company's aggregate available liquidity and credit capacity stood at approximately $1.14-billion including the undrawn amount of $350-million under the company's $2.0-billion credit facility.
• Home Trust high-interest-savings-account (HISA) deposit balances stood at approximately $113-million.
• Total guaranteed investment certificate (GIC) deposits, including Oaken and broker GICs, stood at approximately $12.3-billion, and Oaken savings accounts stood at approximately $145-million.

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

May 23             $1.14             $113.3            $145.3        $12,296.3                  $145
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.

The company provided the attached mortgage maturities table with details on the coming non-securitized contractual mortgage maturities compared with contractual fixed-term deposit maturities as of May 24, 2017.

                                                MORTGAGE MATURITIES

Period             Non-securitized contractual mortgage maturities        Contractual fixed-term-deposit maturities (1)
                                                       ($ millions)                                        ($ millions)

Q2 2017                                                       $927                                                $805
Q3 2017                                                     $2,587                                              $1,348
Q4 2017                                                     $2,506                                              $1,622
Q1 2018                                                     $2,545                                              $1,581
Q2 2018                                                     $2,189                                              $1,088
After Q2 2018                                               $4,321                                              $6,328
                                                           $15,076                                             $12,771

(1) The total contractual fixed-term deposit maturities exclude the company's outstanding credit facility balance
of $1.65-billion, HISA deposits of $113-million and Oaken savings deposits of $145-million as of May 23, 2017.

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, traded on the Toronto Stock Exchange (HCG), 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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