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Wed 16 Feb 2005, 17:57 DEALING IN SECURITIES
INVESTEC LIMITED - DEALING IN SECURITIES                                        
Investec Limited                                                                
(Incorporated in the Republic of South Africa)                                  
(Reg no: 1925/002833/06)                                                        
Share code: INL                                                                 
ISIN code: ZAE000040531                                                         
DEALING IN SECURITIES                                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director of a major subsidiary:         David Lawrence                          
Date of transaction:                    16 February 2005                        
Number of shares:                       5,400                                   
Price of shares:                        R104.50                                 
Class of shares     :                   Preference shares (Share code:  INPR)   
Nature of transaction:                  Purchase                                
Nature of interest:                     Indirect non-beneficial                 
Clearance:                              Clearance was obtained                  
Johannesburg                                                                    
16 February 2005                                                                
Sponsor:                                                                        
Investec Bank Limited
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