Directorate changes 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 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 following: Investec plc and Investec Limited (the “Group”) - Directorate changes The Board is pleased to announce the appointment of Philip Hourquebie as non-executive director of the Group Boards, with effect from 14 August 2017. Philip will be appointed to the Group’s Audit Committees, the Board Risk and Capital Committee and the Remuneration Committee at the same time. Philip was previously a senior partner at EY with a background in advisory services in both the private and public services. Philip retired from EY in 2014. He has substantial leadership credentials and non- executive experience and is currently a non-executive director of Investec Property Fund Limited (South African listed fund part of Investec Group) and Aveng Limited (South African listed multi- national group). As detailed in the notices of the annual general meetings issued on 09 June 2017, Peter Thomas has stepped down from his position as non-executive director of Investec plc and Investec Limited, and as a member of the Group’s Audit Committees with effect from the conclusion of the 2017 Annual General Meetings held on 10 August 2017. The Board thanks Peter for his contribution to the Board and the Group's Audit Committees. Save for the directorships listed in the notes, there are no further details required to be disclosed by Rule 9.6.13 of the UK Listing Rules. For further information please contact: Investec Investor Relations Ursula Nobrega +44 207 597 5546 investorrelations@investec.com London and Johannesburg 14 August 2017 Notes: Philip Hourquebie’s current directorships in publicly quoted companies: Aveng Limited Investec Property Fund Date: 14/08/2017 04:00:00 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.