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Thu 27 May 2004, 12:36 ANNOUNCEMENT
INVESTEC LIMITED AND INVESTEC PLC - ANNOUNCEMENT                                
  Investec Limited                                                                
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1925/002833/06)                                            
  JSE Share code: INL                                                             
  ISIN code: ZAE000040531                                                         
  (`Investec`)                                                                    
  Investec plc                                                                    
  (Incorporated in the United Kingdom)                                            
  (Registration number 3633621)                                                   
  JSE Share code: INP                                                             
  ISIN code: GB0031773103                                                         
  (`Investec`)                                                                    
  ANNOUNCEMENT                                                                    
  It is with deep regret that the Board of Directors of Investec plc and Investec 
  Limited wish to announce that Mr. John Abell, a non-executive director, died    
  unexpectedly on the 26th May 2004.                                              
  Our thoughts are with his family at this time.                                  
  Sandton                                                                         
  27 May 2004                                                                     
  Date: 27/05/2004 12:23:02 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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