Investec Limited	Investec plc
Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL ISIN: ZAE000081949	Incorporated in England and Wales Registration number 3633621 JSE share code: INP ISIN: GB00B17BBQ50

As part of the dual listed company structure, Investec plc and Investec Limited 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) across the group, 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 the Disclosure Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listing Requirements.

Accordingly, we advise of the following changes to attributable interests in the ordinary shares of Investec plc and Investec Limited:

Attributable interests in the ordinary share capital of Investec plc and Investec Limited

1. Transactions in Investec plc ordinary shares of GBP0.0002 each.

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following transaction:

(a) Dealings by a Director of Investec plc and Investec Limited – Mr. Stephen Koseff

Transaction notified in terms of:	DR3.1.4R(1)(a) and DR3.1.4R(1)(b)
Nature of transaction	The 41,250 shares were disposed following the exercise on the 20th December 2006 of 41,250 options held in terms of the Investec plc Share Option Plan 2002. The date of grant for these options was the 20th December 2002 with an exercise price of ZAR1.59. Following this notification, Mr Koseff holds options over 41,250 ordinary shares in Investec plc in terms of the above plan and options over 750,000 ordinary Investec plc shares in terms of The Investec Share Matching Plan 2005.
Share	Investec plc shares
Number of shares	41,250
Exercise price	ZAR22.39 per share
Transaction price	ZAR89.80 per share
Date and place of transaction	27 December 2006, Johannesburg

(b)   Transactions by a Director of a major subsidiary of Investec Limited – Mr. Bradley Tapnack

Transaction notied in terms of:	DR3.1.4R(1)(a) and DR3.1.4R(1)(b)
Nature of transaction:	Sale of shares pursuant to exercise of options
Share	Investec plc ordinary shares of GBP0.0002 each
Number of shares:	28,875
Exercise price:	ZAR22.39
Transaction price:	ZAR89.67
Date and place of transaction:	27 December 2006, Johannesburg

 2. Transactions in Investec Limited ordinary shares of ZAR0.0002 each.

In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, we advise of the following transaction:

(a)   Dealings in the securities of Investec Limited by the Director of Investec plc

	Stephen Koseff   – Director of Investec plc
Nature of transaction:	Sale of shares pursuant to exercise of options
Share	Investec Limited shares
Number of shares:	21,250
Exercise price:	ZAR 22.26 per share
Transaction price:	ZAR 87.75 per share
Date and place of transaction:	27 December 2006, Johannesburg

 (b) Transactions by a Director of a major subsidiary of Investec Limited – Mr. Bradley Tapnack

Nature of transaction:	Sale of shares pursuant to exercise of options
Share	Investec Limited ordinary shares of ZAR0.0002 each
Number of shares:	14,875
Exercise price:	ZAR22.26
Transaction price:	ZAR87.25
Date and place of transaction:	27 December 2006, Johannesburg

Clearance was obtained for the above dealings in securities.

 Johannesburg and London

 29 December 2006

 Sponsor:

Investec Bank Limited