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Tue 7 Sep 2004, 17:09 NOTIFICATION CONCERNING MAJOR INTERESTS IN THE
INVESTEC PLC - INVESTEC PLC - NOTIFICATION CONCERNING MAJOR INTERESTS IN THE    
  ORDINARY SHARES OF GBP0.001 EACH IN THE CAPITAL OF INVESTEC PLC (`ORDINARY      
  SHARES`)                                                                        
  Investec Plc                                                                    
  (Incorporated in the United Kingdom)                                            
  (Registration number 3633621)                                                   
  Share code:  INP   ISIN: GB0031773103                                           
  NOTIFICATION CONCERNING MAJOR INTERESTS IN THE ORDINARY SHARES OF GBP0.001 EACH 
  IN THE CAPITAL OF INVESTEC plc (`Ordinary Shares`)                              
  Notification pursuant to section 198 of the Companies Act 1985.                 
  Investec plc (the `Company`) received notification on the 6th September 2004    
  that, on the 1st September 2004, Spurwing - P Investments Limited (`Spurwing`)  
  acquired 1,332,821 Ordinary Shares, being 1.79% of the Ordinary Shares of the   
  Company, from Fintique III (BVI) Limited (`Fintique`), the delivery and         
  settlement date in terms of this transaction is the 15th December 2004.         
  The total holdings of Spurwing and Fintique prior to the notification are laid  
  out below:                                                                      
                         Holdings           Percentage                            
  Spurwing - P           3,220,000          4.31%                                 
  Investments Limited                                                             
  Fintique III (BVI)     7,388,741          9.90%                                 
  Limited                                                                         
  The total holdings of Spurwing and Fintique following the notification are laid 
  out below:                                                                      
                         Holdings           Percentage                            
  Spurwing - P           4,552,821          6.10%                                 
  Investments Limited                                                             
  Fintique III (BVI)     6,055,920          8.11%                                 
  Limited                                                                         
  At the same time, Spurwing - L Investments Limited acquired from Fintique III   
  (BVI) Limited 367,179 ordinary shares of ZAR0.001 each in Investec Limited,     
  being 0.8% of the capital of that company. Following this notification Spurwing 
  - L Investments Limited holds 1,282,179 (2.9%) in the ordinary share capital of 
  Investec Limited.                                                               
  Richard Vardy                                                                   
  Company Secretary                                                               
  +44 (0)207 597 4485                                                             
  London                                                                          
  7 September 2004                                                                
  Date: 07/09/2004 05:01:47 PM Produced by the JSE SENS Department
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