Home Capital Group Files and Mails Materials for Special Meeting of Shareholders

TORONTO, Aug. 18, 2017 /CNW/ - Home Capital Group Inc. ("Home Capital" or "the Company") (TSX: HCG) today announced it has filed and mailed its management information circular in connection with a special meeting of its shareholders. The special meeting of shareholders will be held on September 12, 2017 at 10:00 a.m. Eastern Time in Toronto, Ontario for purposes of considering the approval of an additional equity investment in the Company by a wholly-owned subsidiary of Berkshire Hathaway Inc. ("Berkshire").

For further information regarding the Berkshire additional equity investment and the special meeting, see the management information circular available online at www.homecapital.com and on SEDAR at www.sedar.com.

Caution Regarding Forward-looking Statements
This press release contains forward-looking information within the meaning of applicable Canadian securities legislation. Please refer to Home Capital's 2016 Annual Report, available on Home Capital's website at www.homecapital.com, and on the Canadian Securities Administrators' website at www.sedar.com, for Home Capital's Caution Regarding Forward-looking Statements.

About Home Capital Group Inc.
Home Capital Group Inc. 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 via 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. Licensed to conduct business across Canada, Home Trust has offices in Ontario, Alberta, British Columbia, Nova Scotia, Quebec and Manitoba.

SOURCE Home Capital Group Inc.

For further information: Investors: Laura Lepore, Assistant Vice President, Investor Relations, (416) 933-5652, laura.lepore@hometrust.ca; Media: Boyd Erman, Longview Communications Inc., (416) 649-8007, berman@longviewcomms.ca


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