Stmnt re Share Price Movement

Investec PLC
24 February 2003




                                                    Investec Limited

                                     (Incorporated in the Republic of South Africa)

                                          (Registration number 1925/002833/06)

                                        Share code: INL ISIN code: ZAE000040531

                                                      ('Investec')


                                                      Investec plc

                                          (Incorporated in the United Kingdom)

                                             (Registration number 3633621)

                                        Share code: INP ISIN code: GB0031773103

                                                      ('Investec')




Investec Limited and Investec plc - Investor briefing


In light of the recent movements in the Investec share price and in response to
a number of requests from various external parties, the Management of Investec
is currently holding an investor briefing on Monday, 24 February 2003 at 13:00
(South African time).


The purpose of the investor briefing is to compare Investec's share price to its
global peers and to provide and update on the operational trends within the
group's businesses.


The presentation can be found on www.investec.com or you may contact the
Investor Relations Division on ([phone] or
[e-mail] to request a copy of the presentation.



24 February 2003

Sandton







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