INVESTEC LIMITED - Investec (Comprising Investec Plc and Investec Limited) Update on the Pre-Close Trading Statement

Investec (Comprising Investec Plc and Investec Limited) – Update on the Pre-Close Trading Statement

Investec Limited                                                 Investec plc
Incorporated in the Republic of South Africa                     Incorporated in England and Wales
Registration number 1925/002833/06                               Registration number 3633621
JSE share code: INL                                              LSE share code: INVP
NSX share code: IVD                                              JSE share code: INP
BSE share code: INVESTEC                                         ISIN: GB00B17BBQ50
ISIN: ZAE000081949

INVESTEC (COMPRISING INVESTEC PLC AND INVESTEC LIMITED) – UPDATE ON THE
PRE-CLOSE TRADING STATEMENT

As part of the dual listed company structure, the boards of Investec plc and Investec Limited
(together the “Boards”) notify both the London Stock Exchange and the JSE Limited of
matters which are required to be disclosed under the Disclosure Guidance and Transparency
Rules, and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE
Listings Requirements.

Accordingly, we advise of the following in accordance with paragraph 3.4(b) (iv) of the JSE
Listings Requirements and that this announcement contains Inside Information as defined in
Article 7 of the Market Abuse Regulation.

Shareholders are referred to the pre-close trading update for the half year ended 30
September 2021 which was released on SENS and RNS on 23 September 2021 that
contained the following guidance:

                        1H2022 range           1H2021
 Adjusted EPS - p        21.5 to 24.0           11.2
 Basic EPS – p           20.2 to 22.7           9.6
 HEPS – p                20.2 to 22.7           9.2

We are pleased to advise that the guidance has been updated as follows:

                        1H2022 range           1H2021
 Adjusted EPS - p        26.0 to 26.5           11.2
 Basic EPS - p           24.8 to 25.2           9.6
 HEPS - p                24.5 to 24.9           9.2


The financial information on which this trading statement is based, has not been reviewed and
reported on the by the external auditors.

The interim results for the six months ended 30 September 2021 are expected to be
announced on 18 November 2021, when commentary on the outlook for full year
guidance will be provided.

The person responsible for arranging the release of this announcement on behalf of Investec
is Nishlan Samujh, Group Finance Director.

By order of the board

08 November 2021

For further information please contact:
Investec Investor Relations
Qaqambile Dwayi
South Africa: +27 (0) 11 291 0129/+27 11 286 7070
investorrelations@investec.com

For media enquiries please contact:
Lansons (UK PR advisers) – Tom Baldock. Tel: +44 (0)78 6010 1715
Brunswick (SA PR advisers) – Graeme Coetzee. Tel: +27 (0)63 685 6053
About Investec
Investec partners with private, institutional, and corporate clients, offering international
banking, investments, and wealth management services in two principal markets, South
Africa and the UK, as well as certain other countries. The group was established in 1974 and
currently has approximately 8,200+ employees.

In 2002, Investec implemented a dual listed company structure with listings on the London
and Johannesburg Stock Exchanges. In March 2020, the group successfully completed the
demerger of Ninety One, which became separately listed on 16 March 2020. Investec’s
current market capitalisation is approximately £3.0 billion.

Johannesburg and London

JSE Equity Sponsor: Investec Bank Limited

Date: 08-11-2021 09:00:00
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