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INVESTEC PLC - DEALING IN SECURITIES BY DIRECTOR                                
  INVESTEC PLC                                                                    
  (Incorporated in the United Kingdom)                                            
  (Registration number 3633621)                                                   
  Share code: INP                                                                 
  ISIN: GB0031773103                                                              
  DEALING IN SECURITIES BY DIRECTOR                                               
  In compliance with Rules 3.72 - 3.75 of the JSE Listing Requirements, the       
  following information is disclosed:                                             
  Executive Director:           B Kantor                                          
  Number & price of shares:     5 000 @ 12700c                                    
  1 000 @ 12750c                                    
  Date of transaction:          17 December 2003                                  
  Class of shares:              Ordinary                                          
  Nature of transaction:        Sale of Investec Plc shares                       
  Nature of interest:           Indirect beneficial                               
  Date: 17/12/2003 01:22:01 PM Produced by the JSE SENS Department                
                                                                                  

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