Completion of the sales of Kensington Group plc and Start Mortgage Holdings Ltd 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 As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure, Transparency and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements. Accordingly we advise of the following: Investec (comprising Investec plc and Investec Limited) – completion of the sales of Kensington Group plc and Start Mortgage Holdings Limited 19 December 2014 The group has received the required anti-trust and regulatory approvals for the sale of Kensington Group plc to Blackstone Tactical Opportunities Advisors L.L.C. and TPG Special Situations Partners. The sale is currently expected to become effective on 30 January 2015. Following the receipt of regulatory approval the sale of Start Mortgage Holdings Limited to an affiliate of Lonestar Funds became effective 4 December 2014. For further information please contact: Investec Investor Relations UK: +44 (0) 207 597 5546 South Africa: +27 (0) 11 286 7070 investorrelations@investec.com About Investec Investec is an international specialist bank and asset manager that provides a diverse range of financial products and services to a niche client base in two principal markets, the United Kingdom and South Africa as well as certain other countries. The group was established in 1974 and currently has approximately 8,200 employees. Investec focuses on delivering distinctive profitable solutions for its clients in three core areas of activity namely, Asset Management, Wealth & Investment and Specialist Banking. In July 2002 the Investec group implemented a dual listed company structure with listings on the London and Johannesburg Stock Exchanges. The combined group’s current market capitalisation is approximately GBP4.8 billion. Johannesburg and London Sponsor: Investec Bank Limited 1 Date: 19/12/2014 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.