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Mon 15 Dec 2003, 9:23 Director dealings in shares
Investec Limited -        
Investec Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Registration number 1925/002833/06)                                            
Share code: INL   ISIN: ZAE000040531                                            
Pursuant to the black economic empowerment transaction announced on the 15th May
2003, Peu Investment Group (Proprietary) Limited ("Peu") has concluded the      
acquisition of 2,611,111 ordinary shares of ZAR0.001 each in Investec Limited on
the 12th December 2003.                                                         
As a consequence of the transaction Mr. Peter Malungani, a director of Investec 
Limited and Investec plc has, by virtue of his shareholding in Peu become       
indirectly beneficially interested in 2,611,111 Investec Limited ordinary shares
of ZAR0.001 each as laid out in the table below.                                
Accordingly, the following should be noted in accordance with the requirements  
of paragraph 3.63 and 3.74 of the JSE Securities Exchange South Africa Listings 
Requirements:                                                                   
Non-executive director:            MP Malungani                                 
Nature of transaction:             Purchase of Investec Limited shares pursuant 
                                   to the Investec Limited black economic       
empowerment transaction                      
Nature of interest:                Indirect beneficial                          
Date:                              12 December 2003                             
Price:                             R90.00                                       
Amount:                            2,611,111                                    
Date: 15/12/2003 08:02:03 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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