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Mon 15 Dec 2003, 9:26 Directo's Dealings
Investec plc                                                                    
(Incorporated in the United Kingdom)                                            
(Registration number 3633621)                                                   
Share code:INP                                                                  
ISIN:GB0031773103                                                               
Pursuant to the completion of the black economic empowerment transaction        
announced on the 15th May 2003, Peu Investment Group (Proprietary) Limited      
("Peu") 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 information is disclosed in compliance with Rules    
3.72 - 3.75 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 08:03:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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