Transactions by director in Investec plc 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 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 (together “Investec”) 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) and persons closely associated with them, 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 Article 19 of the Market Abuse Regulation (Regulation 596/2014), the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listing Requirements. TRANSACTIONS BY DIRECTOR IN INVESTEC PLC ORDINARY SHARES. G Burger disposed of the following number of shares on 01 December 2016. A portion of the shares were disposed of in order to settle a tax liability related to a prior year share award. 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Glynn Burger 2 Reason for the notification a) Position/status Director b) Initial notification /Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Investec plc b) LEI n/a 4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted a) Description of the financial instrument, type of instrument Ordinary shares of GBP0.0002 each (INP Shares) Identification code GB00B17BBQ50 b) Nature of the transaction Sale of 221,503 INP Shares for GBP5.04 per share c) Price(s) and volume(s) Price(s) Volume(s) GBP5.04 221,503 d) Aggregated information - Aggregated volume 221,503 - Price GBP5.04 e) Date of the transaction 01 December 2016 f) Place of the transaction Johannesburg In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following additional information is disclosed in respect of the sale of 249 269 INP Shares as disclosed above: Volume weighted average price GBP5.04 Total value of transaction GBP1,116,375.12 Highest price GBP5.04 Lowest price GBP5.04 Nature of interest Direct beneficial Nature of the transaction On-market Clearance was obtained for the above dealings in securities. Johannesburg and London 2 December 2016 Sponsor: Investec Bank Limited Date: 02/12/2016 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.