Ms. Laura Lepore reports

HOME CAPITAL GROUP INC. FILES PRELIMINARY UNIVERSAL BASE SHELF PROSPECTUS

Home Capital Group Inc. has filed a preliminary short form universal base shelf prospectus with the securities commissions in each of the provinces and territories of Canada with the exception of Quebec. When made final, this filing will allow Home Capital to make offerings of up to $750-million of common shares, preferred shares, debt securities, subscription receipts, warrants, share purchase contracts and units, or any combination thereof. When final, the universal base shelf prospectus will be effective for a 25-month period.

The base shelf prospectus will also qualify any secondary offering of common shares by Columbia Insurance Company, a wholly owned subsidiary of Berkshire Hathaway Inc. As a condition to Berkshire's initial equity investment in Home Capital on June 29, 2017, which resulted in Berkshire holding an approximate 19.99-per-cent equity interest in the company, Berkshire was granted customary registration rights for so long as it holds, in the aggregate, greater than 10 per cent of the number of then-outstanding common shares of Home Capital. Under the terms of the registration rights agreement, the company is required to file and maintain an effective base shelf prospectus by no later than Oct. 30, 2017.

Home Capital filed this base shelf prospectus to satisfy its obligations under the registration rights agreement and in order to provide the company with financing flexibility going forward, although Home Capital has no current intention of offering securities from treasury under the base shelf prospectus. The specific terms of any future offering will be established in a prospectus supplement to the base shelf prospectus filed at the time of such offering.

Home Capital cannot predict if, when or in what amounts, Berkshire may sell any of its common shares qualified for distribution by the base shelf prospectus, although a demand registration must be for a number of common shares with a market value of at least $50-million. Berkshire may also sell its common shares other than pursuant to the prospectus. Berkshire may sell none, some or all of its common shares qualified for distribution by it pursuant to the prospectus.

About Home Capital Group Inc.

Home Capital Group is a public company, traded on the Toronto Stock Exchange, 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 via brokers and financial planners, and through its direct to consumer deposit brand, Oaken Financial.

About Berkshire Hathaway Inc.

Berkshire and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing, and services. Common stock of Berkshire is listed on the New York Stock Exchange, trading symbols BRK.A and BRK.B.

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