Transactions by a PDMR – Allen Zimbler 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. On 15 December 2015, Investec received notification on of the following transaction as detailed below: TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH Transactions by a PDMR – Allen Zimbler Transaction notified in terms of: Rules 3.1.4R(1)(a) and (c) of the UKLA's Disclosure and Transparency Rules Nature of transaction Sale of shares Number of Securities 19,536 Volume weighted average price GBP4.52 Total value of transaction GBP 88,302.72 Highest price GBP4.52 Lowest price GBP4.52 Nature of interest Direct beneficial Date and place of transaction 14 December 2015, London Clearance was obtained for the above dealings in securities. Johannesburg and London 15 December 2015 Sponsor: Investec Bank Limited Date: 15/12/2015 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.