Transaction by a Director of a Major Subsidiary 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 Guidance, Transparency Rules and Listing Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listing Requirements. TRANSACTION BY A DIRECTOR OF A MAJOR SUBSIDIARY IN INVESTEC LIMITED SHARES OF ZAR0.0002 EACH Transaction by a director of a major subsidiary – Bradley Tapnack The following on market sale is notified in terms of Rules 3.63 – 3.74 of the JSE Listing Requirements: On Market Sale of shares following the exercise and sale of Nature of transaction nil cost options Number of Securities 12,500 Volume weighted average selling price ZAR100.00 per share Total value of transaction ZAR1,250,000 Highest Price ZAR100.00 Lowest Price ZAR100.00 Nature of interest Direct beneficial Date and place of transaction 13 February 2018, Johannesburg TRANSACTION BY A DIRECTOR OF A MAJOR SUBSIDIARY IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH Transaction by a director of a major subsidiary – Bradley Tapnack The following on market sale is notified in terms of Rules 3.63 – 3.74 of the JSE Listing Requirements: Nature of transaction On Market Sale of shares Number of Securities 55,045 Volume weighted average selling price GBP5.97 per share Total value of transaction GBP328,618.65 Highest Price GBP5.97 Lowest Price GBP5.97 Nature of interest Indirect beneficial Date and place of transaction 09 February 2018, London Clearance was obtained for the above dealings in securities. Johannesburg and London 13 February 2018 Sponsor: Investec Bank Limited Date: 13/02/2018 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.