Ms. Brenda Eprile reports

HOME CAPITAL GROUP ANNOUNCES SPECIAL MEETING RESULTS

Home Capital Group Inc. has released the voting results from its special meeting of shareholders held on Tuesday, Sept. 12, 2017, in Toronto, Ont.

The meeting was called to consider approval of an additional equity investment in the company by a wholly owned subsidiary of Berkshire Hathaway Inc. The full text of the shareholder resolution is attached as Schedule A to the management information circular of the company dated Aug. 10, 2017, which was mailed to shareholders prior to the meeting.

The shareholder resolution was subject to approval by not less than a majority of the votes cast by shareholders at the meeting, excluding Berkshire. Shares representing more than 88 per cent of the shares voted at the meeting (which excluded the shares held by Berkshire) voted against the shareholder resolution.

"We respect the decision our shareholders made today. This decision is a clear message that the majority of our shareholders believe that Home Capital's improved deposit inflows and liquidity position diminish the need for additional capital. We are pleased to still have Berkshire as our largest shareholder," said Brenda Eprile, chair of the board.

Detailed voting results for the meeting will be available under Home Capital's profile on SEDAR.

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.

We seek Safe Harbor.