NINETY ONE PLC - Dealing in securities

Dealing in securities

 Ninety One Limited                                              Ninety One plc
 Incorporated in the Republic of South Africa                    Incorporated in England and Wales
 Registration number 2019/526481/06                              Registration number 12245293
 Date of registration: 18 October 2019                           Date of registration: 4 October 2019
 JSE share code: NY1                                             LSE share code: N91
 ISIN: ZAE000282356                                              JSE share code: N91
                                                                 ISIN: GB00BJHPLV88


Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities and persons
closely associated with them, prescribed officers, companies secretaries and associates

As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together "Ninety One") 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 and such persons’ respective associates and persons closely associated with them, (ii) prescribed
officers and persons discharging managerial responsibilities ("PDMRs") and such persons’ respective associates and persons
closely associated with them, and (iii) in certain instances the directors and company secretaries of major subsidiaries of Ninety
One and such persons’ respective associates, in the securities of Ninety One plc and Ninety One Limited which are required to
be disclosed under Article 19 of the Market Abuse Regulation (Regulation 596/2014) (“MAR”), the Listing Rules, and the Disclosure
Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.

Disposal of shares by a director

In order to settle tax liabilities resulting from the release of shares that were previously granted to him by Investec in June 2019
as part of a short term incentive award as an executive director of Investec plc and Investec Limited, Fani Titi disposed of the
following shares in Ninety One plc on 1 July 2020. Clearance was obtained for the below dealing in securities.

  1    Details of the person discharging managerial responsibilities / person closely associated /
       associate

 a)    Legal person                                     Fani Titi

 2     Reason for the notification

 a)    Position/status                                  Director

 b)    Initial notification /Amendment                  Initial notification

 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

 a)    Name                                             Ninety One plc

 b)    LEI                                              549300G0TJCT3K15ZG14

 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
       transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)    Description of the financial instrument, type    Ordinary shares of GBP0.0001 each
       of instrument

       Identification code                              GB00BJHPLV88

 b)    Nature of the transaction                        On market sale of shares following the release of shares
                                                        previously granted by Investec.


 c)    Price(s) and volume(s)                             Price(s)                       Volume(s)

                                                          GBP 2.08                       11,084



 d)    Aggregated information

       - Aggregated volume                              11,084

       - Price                                          GBP 2.08
 e)    Date of the transaction                        1 July 2020

 f)    Place of the transaction                       London


In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional information:
  Volume weighted average price                       £2.08 per share
  Total value of transaction                          £23,143.39
  Highest price                                       £2.08
  Lowest price                                        £2.08
  Nature of interest                                  Direct beneficial

Date of release: 3 July 2020

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 03-07-2020 01:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.