INVESTEC PLC - Transaction in Investec plc ordinary shares of GBP0.0002 each

Transaction in Investec plc ordinary shares of GBP0.0002 each

 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 31 May 2016, Investec received notification on of the following transaction as detailed
below:

TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH

Transactions by a Director – Bernard Kantor

We advise of the following changes to attributable interests in the ordinary shares of Investec
plc in compliance with Rule 3.1.4R(1)(a) and (c) of the UKLA's Disclosure and Transparency
Rules:

As announced on 29 May 2014, Investec made, on 27 May 2014, forfeitable share awards in
respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the
Investec plc Executive Incentive Plan 2013 (the “Plan”) as follows:

Executive Directors                             Number of forfeitable shares
Bernard Kantor                                  305,427

These forfeitable share awards vested as follows: 25% immediately on award and are subject
to a six month retention period, with the remaining forfeitable shares vesting in three equal
tranches (each subject to a six month retention period) over a three year period from the date
of award.

Accordingly, 25% of the forfeitable shares have now vested, immediately incurring a tax
liability and we set out below details of the forfeitable shares disposed of on 27 May 2016 in
order to settle that tax liability:

 Nature of transaction                      On market sale
 Number of Securities                       34,430
 Volume weighted average selling price      GBP4.85
 Total value of transaction                 GBP167,104.77
 Highest price                              GPB4.86
 Lowest price                               GBP4.85
 Nature of interest                         Direct beneficial
 Date and place of transaction              27 May 2016, London

Following the transaction above, Mr. Bernard Kantor holds 798,227 Investec plc ordinary
shares representing 0.13% of the total issued ordinary share capital of Investec plc. In
addition, Mr. Bernard Kantor also holds 2,800,500 Investec Limited ordinary shares
representing 0.96% of the total issued ordinary share capital of Investec Limited.
Transactions by a Director – Ian Kantor

The following on market sales are notified in terms of Rules 3.1.4R(1)(a) and (c) of the
UKLA's Disclosure and Transparency Rules.


 Number of Securities                           100,000

 Volume weighted average price                  GBP4.86
 Total value of transaction                     GBP486,120
 Highest price                                  GBP4.87
 Lowest price                                   GBP4.86
 Nature of interest                             Indirect beneficial
 Date and place of transaction                  27 May 2016 London


Following the transaction above, Mr. Ian Kantor holds 3,409,045 Investec plc ordinary shares
representing 0.6% of the total issued ordinary share capital of Investec plc. In addition to the
holdings in Investec plc ordinary shares disclosed above, Mr. Ian Kantor also holds 325
Investec Limited ordinary shares representing <0.01% of the total issued ordinary share
capital of Investec Limited.


TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH

Transactions by a PDMR – Marc Kahn

The following on market sales are notified in terms of Rule 3.1.4R(1)(a) of the UKLA's
Disclosure and Transparency Rules.


 Number of Securities                           8,908

 Volume weighted average price                  ZAR109.76
 Total value of transaction                     ZAR977,738.52
 Highest price                                  ZAR109.90
 Lowest price                                   ZAR109.70
 Nature of interest                             Sale of shares pursuant to vesting and
                                                release of forfeitable shares in terms of the
                                                Investec Limited Share Incentive Plan
 Date and place of transaction                  27 May 2016 Johannesburg

Clearance was obtained for the above dealings in securities.

Johannesburg and London

31 May 2016

Sponsor:
Investec Bank Limited

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