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Wed 22 Jan 2003, 17:54 Investec Plc - Notification Of Major Interests In
ISIN CODE : GB0031773103                                                        
SHARE CODE: INP                                                                 
SCHEDULE 10                                                                     
NOTIFICATION OF MAJOR INTERESTS IN SHARES
                                       
1. Name of company                                                              
Investec plc                                                                    
2. Name of shareholder having a major interest                                  
Old Mutual plc                                                                  
3. Please state whether notification indicates that it is in respect of holding 
of the shareholder named in 2 above or in respect of a non-beneficial interest  
or in the case of an individual holder if it is a holding of that person`s      
spouse or children under the age of 18                                          
In respect of the shareholder named above.                                      
4. Name of the registered holder(s) and, if more than one holder, the number of 
shares held by each of them                                                     
Number of  Registered Holder                                                    
Shares                                                                          
6,598,567  Old Mutual Life Assurance Company (South                             
          Africa) Ltd                                                           
379,307    Old Mutual Unit Trusts (SA)                                          
30,000     Omnibon No. 13 (Pty) Limited                                         
400        Old Mutual Life Assurance Company (South                             
          Africa) Ltd                                                           
34,059     Old Mutual Life Assurance Company (South                             
          Africa) Ltd                                                           
11,578     Old Mutual Life Assurance Company (South                             
          Africa) Ltd                                                           
3,077,168  Old Mutual Asset Managers (South Africa)                             
          Ltd (Managed fund client assets)                                      
143,763    Old Mutual Life Assurance Company (Namibia)                          
          Ltd                                                                   
67,398     Old Mutual Asset Managers (Namibia) Ltd                              
          (Managed fund client assets)                                          
206,067    Old Mutual Global Asset Fund                                         
423,300    Old Mutual South Africa Equity Trust                                 
          Limited                                                               
95,300     Nedcor Bank Nominees Ltd                                             
592,968    Standard Bank Nominees Ltd                                           
8,162      Computershare Nominees                                               
160,500    ABSA Nominees                                                        
30,870     CGU Insurance Ltd (Part of Mutual & Federal                          
Group)                                                                
12,600     Sentrasure Ltd (Part of Mutual & Federal                             
          Group)                                                                
181,069    Nedcor Nominees Ltd                                                  
381,371    Nedcor Nominees Ltd and Standard Bank                                
          Nominees Ltd                                                          
15,374     NIBi Nominees                                                        
92,602     Marser Nominees                                                      
3,419      Syfrets Nominees                                                     
288        HSBC Global Custody (UK) Ltd Nominees                                
945        Acadian Asset Management                                             
5. Number of shares / amount of stock acquired                                  
N/A                                                                             
6. Percentage of issued class                                                   
N/A                                                                             
7. Number of shares / amount of stock disposed                                  
14,640                                                                          
8. Percentage of issued class                                                   
0.01%                                                                           
9. Class of security                                                            
Ordinary shares of 0.001 each                                                  
10. Date of transaction                                                         
14 January 2003                                                                 
11. Date company informed                                                       
21 January 2003                                                                 
12. Total holding following this notification                                   
12,547,075                                                                      
13. Total percentage holding of issued class following this notification        
16.81%                                                                          
14. Any additional information                                                  
N/A                                                                             
15. Name of contact and telephone number for queries                            
Kerry Thomas                                                                    
Deputy Group Secretary                                                          
Tel: 020 7597 4489                                                              
16. Name and signature of authorised company official responsible for making    
this notification                                                               
Kerry Thomas                                                                    
Deputy Group Secretary                                                          
21 January 2003                                                                 
The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.   
The FSA is not liable for any damages (including, without limitation, damages   
for loss of business or loss of profits) arising in contract, tort or otherwise 
from the use of or inability to use this document, or any material contained in 
it, or from any action or decision taken as a result of using this document or  
any such material.                                                              
END                                                                             
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