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Tue 20 Sep 2005, 16:42 Investec Plc - Notification Of Transactions Of Per
Investec Plc - Notification Of Transactions Of Persons Discharging Managerial   
Responsibilities (`Pdmr`) Or Connected Persons                                  
Investec plc - the Company                                                      
(Incorporated in the United Kingdom)                                            
(Registration number: 363621)                                                   
Share Code: INP                                                                 
ISIN: GB0031773103                                                              
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES 
(`PDMR`) OR CONNECTED PERSONS                                                   
The Company received notification on the 20th September 2005 of the following   
transaction by PDMRs:                                                           
Name of PDMR                     Mr Steven Heilbron                             
Nature of transaction            Sale of shares pursuant to exercise of options 
Share:                           Investec plc ordinary shares of GBP0.001 each  
No of shares                     11,812                                         
Exercise price                   GBP10.52 per share                             
Transaction price                GBP20.51 per share                             
Date of transaction              19 September 2005                              
Place of transaction             London                                         
Name of PDMR                      Mr Allen Zimbler                              
Nature of transaction             Sale of shares pursuant to exercise of        
options                                                                         
Share                             Investec plc ordinary shares of GBP0.001 each 
No of shares                      7875                                          
Exercise price                    GBP10.52 per share                            
Transaction price                 GBP20.61 per share                            
Date of transaction               16 September 2005                             
Place of transaction              London                                        
As part of the dual listed company structure, Investec plc and Investec Limited 
voluntarily notify both the London Stock Exchange and JSE Limited 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 PDMRs of  
Investec plc:                                                                   
Name of PDMR                     Mr Steven Heilbron                             
Nature of transaction            Sale of shares pursuant to exercise            
                                 of options                                     
Share                            Investec Limited ordinary shares of            
                                 ZAR0.001 each                                  
No of shares                     6938                                           
Exercise price                   ZAR164.5 per share                             
Transaction price                ZAR228.4 per share                             
Date of transaction              19 September 2005                              
Place of transaction             Johannesburg                                   
Name of PDMR                     Mr Allen Zimbler                               
Nature of transaction            Sale of shares pursuant to exercise            
                                 of options                                     
Share                            Investec Limited ordinary shares of            
                                 ZAR0.001 each                                  
No of shares                     4625                                           
Exercise price                   ZAR164.5 per share                             
Transaction price                ZAR228 per share                               
Date of transaction              16 September 2005                              
Place of transaction             Johannesburg                                   
Enquiries:                                                                      
Richard Vardy                                                                   
UK Group Company Secretary                                                      
+44 (0)207 597 4485                                                             
Date: 20/09/2005 04:30:16 PM              
Produced by the JSE SENS Department                                             
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