INVESTEC PLC - TR-1: Notification of major interest in shares

TR-1: Notification of major interest in 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 share code: INL                                       LSE share code: INVP
NSX share code: IVD                                       JSE share code: INP
BSE share code: INVESTEC                                  ISIN: GB00B17BBQ50
ISIN: ZAE000081949

                                     (jointly “Investec”)

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 receipt of the following TR-1 notification:

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer
   of existing shares to which voting rights are                      Investec Plc
   attached: ii                                                       GB00B17BBQ50

2. Reason for the notification (please tick the appropriate box or boxes):

   An acquisition or disposal of voting rights
  
   An acquisition or disposal of qualifying financial instruments which may result in the        X
   acquisition of shares already issued to which voting rights are attached

   An acquisition or disposal of instruments with similar economic effect to qualifying
   financial instruments
  
   An event changing the breakdown of voting rights
 
   Other (please
   specify):

3. Full name of person(s) subject to the
                                                           Norges Bank
   notification obligation: iii



4. Full name of shareholder(s)                             N/A                                                           
   (if different from 3.):iv

5. Date of the transaction and date on
   which the threshold is crossed or                       20 September 2016
   reached: v

6. Date on which issuer notified:                          21 September 2016

7. Threshold(s) that is/are crossed or                     Below 4% based on voting rights attached to shares
   reached: vi, vii

8. Notified details:

A: Voting rights attached to shares viii, ix

   Class/type of         Situation previous         Resulting situation after the triggering transaction
   shares                to the triggering
                      transaction

   if possible using     Number         Number      Number          Number of voting          % of voting rights x
   the ISIN CODE         of             of          of shares       rights
                      Shares         Voting      Direct          Direct xi   Indirect      Direct    Indirect
                                     Rights                                  xii                                   
                                                                       
   GB00B17BBQ50          27,067,549   27,067,549    26,256,108      26,256,108                3.9999%


B: Qualifying Financial Instruments

   Resulting situation after the triggering transaction

   Type of financial           Expiration   Exercise/                     Number of voting             % of voting
   instrument                  date xiii    Conversion Period     xiv     rights that may be           rights
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/ converted.

   Shares on loan (Right to    N/A          At any time                   811,441                      0.1236%
   recall)                            


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
   xv, xvi

   Resulting situation after the triggering transaction

   Type of financial     Exercise     Expiration   Exercise/        Number of voting rights       % of voting rights xix,
   instrument            price        date xvii    Conversion       instrument refers to          xx
                                                   period xviii                                   
                                                                                                  Nominal        Delta
                                                                                     
   N/A                   N/A          N/A          N/A              N/A                           N/A            N/A
                                                                                               
Total (A+B+C)

Number of voting rights                      Percentage of voting rights
27,067,549                                   4.1235%

9. Chain of controlled undertakings through which the voting rights and/or the
   financial instruments are effectively held, if applicable: xxi

   N/A

Proxy Voting:

10. Name of the proxy holder:                                Norges Bank

11. Number of voting rights proxy holder will cease          N/A
    to hold:

12. Date on which proxy holder will cease to hold            N/A
    voting rights:

13. Additional information:                                  None

14. Contact name:                                            Philippe Chiaroni

15. Contact telephone number:                                +47 2407 3297

Johannesburg and London
21 September 2016
Sponsor:
Investec Bank Limited

Date: 21/09/2016 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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