Form 8.3 - INVESTEC LIMITED

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
Rule 8.3 of the Takeover Code (the "Code")

1.   KEY INFORMATION

(a) Identity of the person whose
    positions/dealings
    are being disclosed:                                    BARCLAYS PLC
(b) Owner or controller of interests and short
    positions disclosed, if different from
    1(a):
    The naming of nominee or vehicle companies
    is insufficient
(c) Name of offeror/offeree in relation to
    whose relevant securities this form
    relates:                                                Investec Ltd
    Use a separate form for each
    offeror/offeree
(d) If an exempt fund manager connected with
    an offeror/
    offeree, state this and specify identity
    of offeror/offeree:
(e) Date position held/dealing undertaken:                  21 April 2010
(f) Has the discloser previously disclosed, or              YES
    are they today disclosing, under the Code
    in respect of any other party
    to this offer?
                                                            If YES, specify which:
                                                            Investec Plc
                                                            Rensburg Sheppards Plc

2.   POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)  Interests and short positions in the relevant securities of the offeror or
offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:    ORDINARY

                            Interests             Short positions
                          Number        %          Number        %
(1) Relevant
    securities
    wned and/or
    controlled:          465,558    0.18%         816,319    0.32%
(2) Derivatives
    (other
    than options):        94,297    0.04%          94,297    0.04%
(3) Options and
    agreements to
    purchase/sell:             0    0.00%               0    0.00%

    TOTAL:               559,855    0.22%         910,616    0.36%


All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or
sell relevant securities, should be given on a Supplemental Form 8 (Open
Positions).

(b)  Rights to subscribe for new securities (including directors' and other
executive options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

If there are positions or rights to subscribe to disclose in more than one class
of relevant securities of the offeror or offeree named in 1(c), copy table 2(a)
or (b) (as appropriate) for each additional class of relevant security.

3.   DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)  Purchases and sales

Class of     Purchase/sale      Number of       Price per
relevant                        securities      unit
security
Ordinary     Purchase           15130           63.90
Ordinary     Purchase           4000            64.03
Ordinary     Purchase           2200            64.06
Ordinary     Purchase           14              64.12
Ordinary     Purchase           2482            64.14
Ordinary     Purchase           6690            64.15
Ordinary     Purchase           2680            64.16
Ordinary     Purchase           6514            64.17
Ordinary     Purchase           10066           64.18
Ordinary     Purchase           10824           64.19
Ordinary     Purchase           10844           64.20
Ordinary     Purchase           22              64.21
Ordinary     Purchase           1588            64.26
Ordinary     Purchase           4900            64.27
Ordinary     Purchase           6858            64.29
Ordinary     Purchase           8848            64.30
Ordinary     Purchase           2200            64.31
Ordinary     Purchase           916             64.32
Ordinary     Purchase           8404            64.33
Ordinary     Purchase           1900            64.62
Ordinary     Purchase           902             64.63
Ordinary     Purchase           4768            64.67
Ordinary     Purchase           566             64.70
Ordinary     Purchase           2               64.73
Ordinary     Purchase           300             64.80
Ordinary     Purchase           8               64.85
Ordinary     Purchase           22              64.99
Ordinary     Purchase           512             65.00
Ordinary     Purchase           5740            65.01
Ordinary     Purchase           1298            65.02
Ordinary     Purchase           196             65.04
Ordinary     Purchase           22              65.09
Ordinary     Purchase           76              65.10
Ordinary     Purchase           156             65.13
Ordinary     Purchase           80              65.16
Ordinary     Purchase           526             65.17
Ordinary     Purchase           50              65.18
Ordinary     Purchase           674             65.20
Ordinary     Purchase           96              65.21
Ordinary     Purchase           120             65.22
Ordinary     Purchase           48              65.24
Ordinary     Purchase           348             65.25
Ordinary     Purchase           124             65.27
Ordinary     Purchase           250             65.33
Ordinary     Purchase           242             65.34
Ordinary     Purchase           40              65.46
Ordinary     Purchase           80              65.47
Ordinary     Purchase           106             65.48
Ordinary     Purchase           820             65.50
Ordinary     Purchase           44              66.13
Ordinary     Purchase           40              66.16
Ordinary     Purchase           40              66.20
Ordinary     Purchase           40              66.39
Ordinary     Purchase           40              66.44
Ordinary     Purchase           5,537           64.8869
Ordinary     Purchase           26,221          64.8869
Ordinary     Purchase           30,419          64.8869
Ordinary     Sale               -204            64.13
Ordinary     Sale               -476            64.15
Ordinary     Sale               -200            64.17
Ordinary     Sale               -800            64.20
Ordinary     Sale               -14834          64.29
Ordinary     Sale               -600            64.30
Ordinary     Sale               -40             64.35
Ordinary     Sale               -540            64.39
Ordinary     Sale               -200            64.60
Ordinary     Sale               -40             64.62
Ordinary     Sale               -3956           64.69
Ordinary     Sale               -600            64.76
Ordinary     Sale               -800            64.82
Ordinary     Sale               -800            64.90
Ordinary     Sale               -544            64.91
Ordinary     Sale               -13652          64.94
Ordinary     Sale               -2324           64.96
Ordinary     Sale               -200            64.97
Ordinary     Sale               -800            64.98
Ordinary     Sale               -2796           64.99
Ordinary     Sale               -4356           65.00
Ordinary     Sale               -2442           65.08
Ordinary     Sale               -268            65.09
Ordinary     Sale               -200            65.10
Ordinary     Sale               -18             65.12
Ordinary     Sale               -3520           65.13
Ordinary     Sale               -1020           65.16
Ordinary     Sale               -526            65.17
Ordinary     Sale               -200            65.19
Ordinary     Sale               -4094           65.21
Ordinary     Sale               -120            65.22
Ordinary     Sale               -400            65.24
Ordinary     Sale               -2800           65.32
Ordinary     Sale               -988            65.33
Ordinary     Sale               -3000           65.34
Ordinary     Sale               -120            65.46
Ordinary     Sale               -80             65.47
Ordinary     Sale               -200            65.48
Ordinary     Sale               -856            66.16
Ordinary     Sale               -40             66.39
Ordinary     Sale               -682            66.41
Ordinary     Sale               -1046           66.49
Ordinary     Sale               -46,079         64.4721
Ordinary     Sale               -60,334         64.9140


(b)  Derivatives transactions (other than options)

Class of     Product        Nature of dealing      Number of      Price
relevant     description    e.g. opening/          reference      per unit
security     e.g. CFD       closing a long/        securities
                            short position,
                            increasing/reducing
                            a long/short position
Ordinary     CFD            Long                  1,312           66.3351
Ordinary     CFD            Long                  6,017           64.8768
Ordinary     CFD            Long                  18,149          64.6332
Ordinary     CFD            Long                  42,568          64.268
Ordinary     CFD            Short                 2,676           64.6825
Ordinary     CFD            Short                 3,610           65.0463
Ordinary     CFD            Short                 14,437          64.1299
Ordinary     CFD            Short                 21,845          64.1882
Ordinary     CFD            Short                 25,478          64.7773


(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

 Class of     Product    Writing,      Number   Exercise       Type     Expiry     Option
 relevant description purchasing,          of      Price       e.g.       date      Money
 security        e.g.    selling,  securities             per unit                  paid/
                 call     varying    to which             American,              received
               option       etc.       option              European              per unit
                                      relates                  etc.



(ii) Exercising

      Class of        Product       Number of        Exercise
      relevant    description      securities           price
      security      e.g. call                        per unit
                       option



(d)  Other dealings (including subscribing for new securities)

       Class of        Nature of         Details        Price per
       Relevant     dealing e.g.                             unit
       security    subscription,                  (if applicable)
                      conversion


The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of
the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as
appropriate) for each additional class of relevant security dealt in.

4.   OTHER INFORMATION

(a)  Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or
understanding, formal or informal, relating to relevant securities which may be
an inducement to deal or refrain from dealing entered into by the person making
the disclosure and any party to the offer or any person acting in concert with a
party to the offer:
If there are no such agreements, arrangements or understandings, state "none"



(b)  Agreements, arrangements or understandings relating to options or
derivatives

Details of any agreement, arrangement or understanding, formal or informal,
between the person making the disclosure and any other person relating to:
(i)  the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant
securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state "none"




(c)  Attachments

Is a Supplemental Form 8 (Open Positions) attached?      NO


Date of disclosure:          22 April 2010
Contact name:                Geoff Smith
Telephone number:            020 7116 2913

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information
Service and must also be emailed to the Takeover Panel at [e-mail].
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.