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Tue 4 Jan 2005, 16:08 DEALINGS IN SECURITIES BY A DIRECTOR
INVESTEC BANK LIMITED - DEALINGS IN SECURITIES BY A DIRECTOR                    
Investec Bank Limited                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/004763/06)                                            
Share code: INLP                                                                
ISIN code: ZAE000048393                                                         
DEALINGS IN SECURITIES BY A DIRECTOR                                            
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director:                               David Lawrence                          
Number of shares:                       2 975 Investec Limited shares           
Price per share:                        R186.50                                 
Date of transaction:                    3 January 2005                          
Class of shares:                        Ordinary shares                         
Nature of transaction:                  Sale of shares, subsequent to exercising
of share options                        
Nature of interest:                     Direct beneficial                       
Director:                               David Lawrence                          
Number of shares:                       5 775 Investec plc shares               
Price per share:                        R186.50                                 
Date of transaction:                    3 January 2005                          
Class of shares:                        Ordinary shares                         
Nature of transaction:                  Sale of shares, subsequent to exercising
of share options                        
Nature of interest:                     Direct beneficial                       
Clearance:                              Clearance obtained in terms of Rule     
                                        3.66.                                   
Johannesburg                                                                    
4 January 2005                                                                  
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 04/01/2005 03:56:56 PM                
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