NINETY ONE PLC - Beneficial interest in securities

Beneficial interest in securities

Ninety One Limited                                            Ninety One plc
Incorporated in the Republic of South Africa                  Incorporated in England and Wales
Registration number 2019/526481/06                            Registration number 12245293
JSE share code: NY1                                           LSE share code: N91
ISIN: ZAE000282356.                                           JSE share code: N91
                                                              ISIN: GB00BJHPLV88.


As part of the dual-listed company structure, Ninety One plc and Ninety One Limited (the “Companies”) notify both the LSE and
the JSE of the following acquisition of a beneficial interest in securities.

TRP121: NOTIFICATION OF AN ACQUISITION OF BENEFICIAL INTEREST IN SECURITIES

In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 ("the Companies Act"), regulation 121(2)(b) of the
Companies Act Regulations, 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that
Ninety One Limited has received notification from Forty Two Point Two of an acquisition by Forty Two Point Two such that Forty
Two Point Two 's total beneficial interest is now 19.9999% of Ninety One Limited's total issued ordinary shares. The acquisition
by Forty Two Point Two is pursuant to the roll-up of Forty Two Point Two's shares in Investec Asset Management Holdings
Proprietary Limited in exchange for the issue of 60,017,591 new Ninety One Limited.

As required in terms of section 122(3)(a) of the Companies Act, Ninety One Limited has filed the required notices with the
Takeover Regulation Panel.

The Companies accept responsibility for the information contained in this announcement to the extent that it relates to the
Companies confirming receipt of the section 122 notices. To the best of their knowledge and belief, the Companies have not
omitted any information which is likely to affect the import of the information.


20 March 2020

JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 20-03-2020 01:00:00
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