Holding(s) in Company

Investec PLC
18 December 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
 Investec plc



2. Name of shareholder having a major interest
 OLD MUTUAL PLC



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
 In respect of the shareholder named above



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them
Holding           Registered Holder
Ordinary shares -
6720461           Old Mutual Life Assurance Company (South Africa) Ltd                                     9.00%
381365            Old Mutual Unit Trusts (SA) Ltd                                                          0.51%
30000             Omnibon No 13 (Pty) Ltd                                                                  0.04%
34059             Old Mutual Life Assurance Company (South Africa) Ltd                                     0.05%
11073             Old Mutual Life Assurance Company (South Africa) Ltd                                     0.01%
2019              Old Mutual Life Assurance Company (South Africa) Ltd                                     0.00%
3072620           Old Mutual Asset Managers (South Africa) Ltd (Managed fund client assets)                4.12%
143762            Old Mutual Life Assurance Company (Namibia) Ltd                                          0.19%
68133             Old Mutual Asset Managers (Namibia) Ltd (Managed fund client assets)                     0.09%
206067            Old Mutual Global Asset Fund                                                             0.28%
423300            Old Mutual South African Trust                                                           0.57%
138000            Nedcor Bank Nominees Ltd                                                                 0.18%
550268            Standard Bank Nominees Ltd                                                               0.74%
5545              Computershare Nominees                                                                   0.01%
159900            ABSA Nominees                                                                            0.21%
30870             CGU Insurance Ltd (Part of Mutual & Federal Group)                                       0.04%
12600             Sentrasure Ltd (Part of Mutual & Federal Group)                                          0.02%
180425            Nedcor Nominees Ltd                                                                      0.24%
7497              Standard Bank Nominees Ltd                                                               0.01%
368969            Nedcor Nominees Ltd and Standard Bank Nominees Ltd                                       0.49%
17514             NIBi Nominees                                                                            0.02%
8798              Standard Bank Nominees Ltd                                                               0.01%
2602              Marser Nominees                                                                          0.00%
187827            Syfrets Nominees                                                                         0.25%
288               HSBC Global Custody (UK) Ltd Nominees                                                    0.00%
945               Acadian Asset Management                                                                 0.00%




5. Number of shares / amount of stock acquired
 122,800



6. Percentage of issued class
 0.17%



7. Number of shares / amount of stock disposed
 N/A



8. Percentage of issued class
 N/A



9. Class of security
 Ordinary shares of £0.001 each



10. Date of transaction
 13 December 2002







11. Date company informed
 18 December 2002



12. Total holding following this notification
 12,777,838



13. Total percentage holding of issued class following this notification
 17.12%



14. Any additional information
 N/A



15. Name of contact and telephone number for queries
 Richard Vardy (Company Secretary) Tel: [phone]



16. Name and signature of authorised company official responsible for making
this notification
 Connie Law



Date of notification
 18 December 2002



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