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Wed 4 Apr 2012, 11:30 INL/INP - Investec Limited/Investec plc - TR-1: Notifications of Major
INL   INP
INL   INP                                                                       
INL/INP - Investec Limited/Investec plc - TR-1: Notifications of Major          
Interests in Shares                                                             
Investec Limited                                                                
Incorporated in the Republic of South Africa                                    
Registration number 1925/002833/06                                              
JSE share code: INL                                                             
ISIN: ZAE000081949                                                              
Investec plc                                                                    
Incorporated in England and Wales                                               
Registration number 3633621                                                     
JSE share code: INP                                                             
ISIN: GB00B17BBQ50                                                              
(jointly "Investec")                                                            
As part of the dual listed company structure, Investec plc and Investec         
Limited notify both the London Stock Exchange and the JSE Limited of            
matters which are required to be disclosed under the Disclosure,                
Transparency and Listing Rules of the United Kingdom Listing Authority          
(the "UKLA") and/or the JSE Listing Requirements.                               
Accordingly, we advise of the following:                                        
TR-1: Notifications of Major Interests in Shares                                
                                                                                
1. Identity of the issuer or the        INVESTEC PLC                            
underlying issuer of existing shares to                                         
which voting rights are attached:                                               
2. Reason for notification (yes/no)                                             
                                                                                
An acquisition or disposal of voting rights              Yes                    

An acquisition or disposal of financial instruments                             
which may result in the acquisition of shares already    No                     
issued to which voting rights are attached                                      

An event changing the breakdown of voting rights         No                     
                                                                                
Other (please specify): Change in total number of        No                     
voting rights                                                                   
                                                                                
3. Full name of person(s)        Sanlam Investment Management                   
subject to notification          (Pty) Limited                                  
obligation:                                                                     
                                                                                
4. Full name of shareholder(s)                                                  
(if different from 3):                                                          

5. Date of transaction (and      Trade date: 9 March 2012                       
date on which the threshold is                                                  
crossed or reached if                                                           
different):                                                                     
                                                                                
6. Date on which issuer          3 April 2012                                   
notified:                                                                       

7. Threshold(s) that is/are      Above 7%                                       
crossed or reached:                                                             
8: Notified Details                                                             
A: Voting rights attached to shares                                             
Class/type  Situation          Resulting situation after the triggering         
of shares   previous to the    transaction                                      
If          triggering                                                          
possible    transaction                                                         
use ISIN                                                                        
code                                                                            
           Number of  Number  Number of  Number of voting  Percentage of        
shares     of      shares     rights            voting rights        
                      voting                                                    
                      rights                                                    
                                                                                
Direct    Indirec Direct  Indirect     
                                                   t                            
Ordinary    41,400,669         41,952,73  41,952,7                              
shares      @ 8.3.2012         9.00       39.00             7.01%               
ISIN                                                                            
GB00B17BBQ                                                                      
50                                                                              
B: Financial Instruments                                                        
Resulting situation after the triggering transaction                            
Type of    Expiration  Exercise/   No. of voting rights  Percentage             
financial  date        conversion  that may be acquired  of voting              
instrument             period/date (if the instrument    rights                 
exercised/converted)                          
                                                                                
                                                                                
Total (A+B)                                                                     
Number of voting rights         Percentage of voting rights                     
As at 09.3.2012   41            7.01%                                           
952,739.00                                                                      
9. Chain of controlled undertakings through which the voting                    
rights and /or the financial instruments are effectively held,                  
if applicable:                                                                  
Proxy Voting:                                                                   
10. Name of proxy holder:                                                       
11. Number of voting rights                                                     
proxy holder will cease to                                                      
hold:                                                                           
12. Date on which proxy holder                                                  
will cease to hold voting                                                       
rights:                                                                         
13. Additional information:                                                     
14 Contact name:                Wafaa Martin                                    
Investment Operations - Sanlam                   
                               Investment Management                            
15. Contact telephone number:                                                   
                               +27 21 950 2558                                  
04 April 2012                                                                   
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 04/04/2012 11:30:02 Produced by the JSE SENS Department.                  
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