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Wed 1 Sep 2004, 14:19 Dealing in Securities by Director
Investec Bank Limited - Dealing in Securities by Director                       
Investec Bank Limited                                                           
(Incorporated in the Republic of South Africa                                   
(Reg. No 1969/004763/06)                                                        
Share Code: INLP                                                                
ISIN: ZAE000048393                                                              
(`Investec`)                                                                    
Dealing in Securities by Director                                               
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director:                          Mr S Noik                                    
Date of transaction:               1 September 2004                             
Number of shares:                  600                                          
Price of shares:                   R120                                         
Class of shares:                   Non-redeemable preference shares             
Nature of transaction:             Disposal                                     
Nature of interest:                Direct beneficial                            
Clearance:                         Clearance in terms of par. 3.66 of the JSE   
Listings Requirements has been obtained from                                    
Chairman of the Board of directors.                                             
Johannesburg                                                                    
1 September 2004                                                                
Sponsor:                                                                        
Investec Bank Limited
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