Director/PDMR Shareholding

Investec Limited

(Incorporated in the Republic of South Africa)

(Reg no: 1925/002833/06)

Share code: INL

ISIN code: ZAE000040531

Investec plc

Reg no: 3633621

ISIN: GB0031773103

Share code: INP

As part of the dual listed company structure, Investec plc and Investec Limited
voluntarily notify both the London Stock Exchange and JSE Limited of those
interests (and changes to those interests) of (i) directors of both entities
and the respective company secretaries, (ii) persons discharging managerial
responsibilities across the group, and (iii) in certain instances the directors
of significant subsidiaries of Investec Limited, in the securities of Investec
plc and Investec Limited which are required to be disclosed under the
Disclosure Rules of the United Kingdom Listing Authority and/or the JSE Listing
Requirements.

Accordingly, we advise of the following transaction in the securities of
Investec Limited,a South African incorporated and listed company, by a director
of Investec plc and Investec Limited:

DIRECTOR DEALING IN SECURITIES

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed:

Director: Bernard Kantor

Date of transactions: 19 August 2005

Class of shares: Investec Limited ordinary shares (INL)

Nature of transaction: Purchase of 150,000 put options at ZAR210.00/option

Sale of 300,000 call options at ZAR255.00/option

Nature of interest: Indirect beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg

22 August 2005

Sponsor:

Investec Bank Limited