NINETY ONE PLC - Beneficial interest in securities

Beneficial interest 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
JSE share code: NY1                                  LSE share code: N91
ISIN: ZAE000282356.                                  JSE share code: N91
                                                     ISIN: GB00BJHPLV88.


As part of the dual-listed company structure, Ninety One plc and Ninety One Limited (together “Ninety One”) notify both the
London Stock Exchange and the Johannesburg Stock Exchange of the following acquisition of a beneficial interest in securities.

TRP121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES

In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Companies Act"), regulation 121(2)(b) of the
Companies Act Regulations, 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that
Ninety One Limited has received notification from Investec Investments Proprietary Limited ("Investec Investments") of an
acquisition by Investec Investments such that Investec Investments' total beneficial interest is now 33.58% of Ninety One
Limited's total issued ordinary shares. Pursuant to the roll-up of Forty Two Point Two's shares in Investec Asset Management
Holdings Proprietary Limited in exchange for the issue of 60,017,591 new Ninety One Limited shares on Friday, 20 March 2020,
Investec Investments will hold 26.87% of Ninety One Limited's total issued ordinary shares.

As required in terms of section 122(3)(a) of the Companies Act, Ninety One Limited has filed the required notices with the
Takeover Regulation Panel.


17 March 2020


Group Company Secretary
Paula Watts
paula.watts@ninetyone.com.
+44 (0) 203 938 2448

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

Date: 17-03-2020 04:30:00
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