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Mon 18 Jul 2005, 18:02 Investec plc / Investec Ltd - Notification Of Tran
Investec plc / Investec Ltd - Notification Of Transactions Of Persons           
Discharging Managerial Responsibilities (`PDMR`) Or Connected Persons           
Investec plc                                                                    
Incorporated in the United Kingdom                                              
Registration number 3633621                                                     
Share code: INP   ISIN: GB0031773103                                            
Investec Limited                                                                
(Incorporated in the Republic of South Africa)                                  
Reg no: 1925/002833/06                                                          
Share code: INL                                                                 
ISIN code:  ZAE000040531                                                        
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES 
(`PDMR`) OR CONNECTED PERSONS                                                   
As part of the dual listed company structure, Investec plc and Investec Limited 
voluntarily notify both the London and Johannesburg Stock Exchanges of those    
interests (and changes to those interests) of (i) directors of both entities and
the respective company secretaries, (ii) persons discharging managerial         
responsibilities across the group, and (iii) in certain instances the directors 
of significant subsidiaries of Investec Limited, in the securities of Investec  
plc and Investec Limited which are required to be disclosed under the Disclosure
Rules of the United Kingdom Listing Authority and/or the JSE Listing            
Requirements.                                                                   
Accordingly, we advise of the following transaction in the securities of        
Investec Limited, a South African incorporated and listed company, by a PDMR of 
Investec plc:                                                                   
Name of PDMR   Bradley Fried                                                    
Date company   18 July 2005                                                     
notified                                                                        
Date of        18 July 2005                                                     
transaction                                                                     
Class of       Investec Limited ordinary shares of                              
shares         ZAR0.001 each                                                    
Nature of      Acquisition                                                      
transaction                                                                     
Number of      8,860                                                            
shares                                                                          
Price          ZAR139.98 plus a future liability of                             
               ZAR79.00 per share                                               
Place of       Johannesburg                                                     
transaction                                                                     
18 July 2005                                                                    
Sponsor:                                                                        
Investec Bank Limited                                                           
Enquiries:                                                                      
Richard Vardy                                                                   
Investec plc Group Company Secretary                                            
+ 44 (0)207 597 4485                                                            
Date: 18/07/2005 05:50:13 PM          
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