INL\INP - Transactions in Investec Limited Ordinary Shares 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 ordinary share code: INL LSE share code: INVP NSX ordinary share code: IVD JSE share code: INP BSE ordinary share code: INVESTEC ISIN: GB00B17BBQ50 ISIN: ZAE000081949 (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 the 03 March 2015 of the following changes to attributable interests in the ordinary shares of Investec Limited which Investec notifies in compliance with Rule 3.14R(1)(a) of the UKLA's Disclosure and Transparency Rules: TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the “ORDINARY SHARES”). 1) Transactions by a PDMR - Allen Zimbler Nature of transaction Sale of Ordinary Shares Number of Securities 600,000 Volume weighted average selling price ZAR104.62 Total value of transaction ZAR62,774,292.00 Highest price ZAR104.78 Lowest price ZAR104.60 Nature of interest Indirect beneficial Date and place of transaction 25 February 2015, Johannesburg 2) Transactions by a PDMR – David van der Walt David van der Walt entered into a zero cost collar hedge on the 02 March 2015 and the following information in relation to David van der Walt’s indirect beneficial interests is disclosed: (a) Purchase of put options Date of transaction: 02 March 2015 Nature of transaction: Purchase of put options expiring on 02 March 2017 Number of shares: 500,000 Ordinary Shares Price per share: ZAR98.19 Nature of interest: Direct beneficial (b) Sale of call options Date of transaction: 02 March 2015 Nature of transaction: Sale of call options expiring on 02 March 2017 Number of shares: 500,000 Ordinary Shares Price per share: ZAR142.64 Nature of interest: Direct beneficial Pursuant to the above hedge transaction, David van der Walt pledged 500,000 Ordinary Shares as security for the due performance of his obligations arising out of the collar arrangement. David van der Walt retains the voting rights on these Ordinary Shares. Clearance was obtained for the above dealings in securities. Johannesburg and London 03 March 2015 Sponsor: Investec Bank Limited Date: 03/03/2015 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.