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INVESTEC LIMITED AND INVESTEC PLC - DEALINGS IN SECURITIES                      
Investec Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Reg no: 1925/002833/06)                                                        
Share code: INL                                                                 
ISIN code: ZAE000040531                                                         
Investec plc                                                                    
(Reg no:  3633621)                                                              
Share code: INP                                                                 
ISIN:  GB0031773103                                                             
DEALINGS IN SECURITIES                                                          
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Company Secretary of                                                            
Investec Limited:                  Selwyn Noik                                  
Date of transactions:              9 February 2005                              
Class of shares:                   Ordinary shares                              
Nature of interest:                Direct beneficial                            
Number of shares:                  255 Investec Limited shares                  
Price per share:                   Options exercised at R111.32 per share,      
                                   subsequent sale at R178.50                   
Number of shares:                  495 Investec plc shares                      
Price per share:                   Options exercised at R111.96 per share,      
subsequent sale at R180.50                                                      
Clearance was obtained for the above dealings in securities.                    
Johannesburg                                                                    
10 February 2005                                                                
Sponsor:                                                                        
Investec Bank Limited

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