Director's Dealings 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 JSE share code: INP ISIN: ZAE000081949 ISIN: GB00B17BBQ50 (together “Investec”) As part of the dual listed company structure, Investec plc and Investec Limited 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 (PDMRs) across the group, and (iii) in certain instances the directors of major subsidiaries of Investec Limited, in the securities of Investec plc and Investec Limited which are required to be disclosed under the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listing Requirements. Investec received notification on 19 December 2012 of the following transactions: TRANSACTIONS BY A DIRECTOR OF INVESTEC PLC Dealings in the securities of Investec plc by a director – Stephen Koseff Transaction notified in terms of: DTR3.1.4R(1)(a) and DTR3.1.4R(1)(c) Security Investec plc ordinary shares of GBP0.0002 each Nature of transaction Disposal Number of Securities 250,000 Volume weighted average selling price ZAR56.09 Total value of transaction ZAR13,965,684.10 Highest price ZAR56.18 Lowest price ZAR56.00 Nature of interest Direct beneficial Following the transaction, Mr Koseff holds 4,589,133 Investec plc ordinary shares representing 0.8% of the total issued ordinary Interests following notification share capital of Investec plc Date and place of transaction 18 December 2012, Johannesburg TRANSACTIONS BY PDMRs On 18 December 2012, Investec made forfeitable awards in respect of nil cost options for nil consideration pursuant to its Share Incentive Plans ("LTIP"). In terms of the LTIP plan rules, 75% of the options are exercisable on 18 December 2016 and the remaining 25% of the options are exercisable on 18 December 2017, on condition that the participant is still employed by Investec. The awards are in accordance with the determination of the Remuneration Committee and with the rules of the LTIP plans. PDMR NUMBER OF OPTIONS AWARDED Steve Elliott 165,000 options in the share capital of Investec plc Ciaran Whelan 475,000 options in the share capital of Investec Limited TRANSACTIONS BY THE COMPANY SECRETARIES In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec: Dealings in the securities of Investec Limited by the Company Secretary – Benita Coetsee Sale of shares pursuant to exercise of options Nature of transaction held in terms of the Investec Limited Share Incentive Plan Number of shares 16,250 Exercise price ZAR 56.34 per share Volume weighted average selling price ZAR 56.34 per share Total value of transaction ZAR 915,500.63 Highest Price ZAR 56.41 Lowest Price ZAR 56.27 Nature of interest Direct beneficial Date and place of transaction 18 December 2012, Johannesburg Dealings in the securities of Investec plc by the Company Secretary – David Miller Sale of shares pursuant to exercise of options Nature of transaction held in terms of the Investec plc Share Incentive Plan Number of shares 13,000 Exercise price GBP 4.04 per share Volume weighted average selling price GBP 4.04. per share Total value of transaction GBP 52,413.96 Highest Price GBP 4.07 Lowest Price GBP 4.02 Nature of interest Direct beneficial Date and place of transaction 18 December 2012, London Johannesburg and London 19 December 2012 Sponsor: Investec Bank Limited Date: 19/12/2012 05:00:00 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.