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:                  1 June 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:        1,576,179     0.58%         924,215     0.34%
(2) Derivatives
    (other
    than options):        44,220     0.02%          44,220     0.02%
(3) Options and
    agreements to
    purchase/sell:             0      0.00               0      0.00

    TOTAL:             1,620,399     0.60%         968,435     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
ORD          Purchase          19              55.8300 ZAR
ORD          Purchase          19              56.9100 ZAR
ORD          Purchase          38              56.6500 ZAR
ORD          Purchase          68              56.9900 ZAR
ORD          Purchase          103             56.6200 ZAR
ORD          Purchase          104             56.9700 ZAR
ORD          Purchase          130             55.7300 ZAR
ORD          Purchase          143             56.5500 ZAR
ORD          Purchase          150             56.2000 ZAR
ORD          Purchase          172             55.8500 ZAR
ORD          Purchase          207             56.1200 ZAR
ORD          Purchase          214             55.7700 ZAR
ORD          Purchase          249             56.0900 ZAR
ORD          Purchase          310             56.4000 ZAR
ORD          Purchase          343             56.7400 ZAR
ORD          Purchase          375             56.9300 ZAR
ORD          Purchase          557             56.6600 ZAR
ORD          Purchase          595             56.9800 ZAR
ORD          Purchase          608             55.7000 ZAR
ORD          Purchase          614             55.7200 ZAR
ORD          Purchase          627             56.3000 ZAR
ORD          Purchase          705             56.5000 ZAR
ORD          Purchase          725             55.8200 ZAR
ORD          Purchase          746             56.6300 ZAR
ORD          Purchase          746             56.9000 ZAR
ORD          Purchase          931             56.0200 ZAR
ORD          Purchase          988             56.3900 ZAR
ORD          Purchase          1,000           55.0200 ZAR
ORD          Purchase          1,000           55.1100 ZAR
ORD          Purchase          1,000           55.9300 ZAR
ORD          Purchase          1,000           55.9600 ZAR
ORD          Purchase          1,000           56.2100 ZAR
ORD          Purchase          1,000           56.2200 ZAR
ORD          Purchase          1,041           55.9800 ZAR
ORD          Purchase          1,118           56.8000 ZAR
ORD          Purchase          1,119           56.6400 ZAR
ORD          Purchase          1,190           56.1500 ZAR
ORD          Purchase          1,614           56.0500 ZAR
ORD          Purchase          1,777           55.8600 ZAR
ORD          Purchase          1,796           56.7000 ZAR
ORD          Purchase          1,938           55.7800 ZAR
ORD          Purchase          2,000           55.0000 ZAR
ORD          Purchase          2,000           55.8800 ZAR
ORD          Purchase          2,000           56.1600 ZAR
ORD          Purchase          2,000           56.1900 ZAR
ORD          Purchase          2,116           55.7900 ZAR
ORD          Purchase          2,214           55.9200 ZAR
ORD          Purchase          2,398           55.9500 ZAR
ORD          Purchase          2,456           56.0400 ZAR
ORD          Purchase          3,007           55.4300 ZAR
ORD          Purchase          3,117           55.7400 ZAR
ORD          Purchase          3,216           55.8000 ZAR
ORD          Purchase          5,011           56.7500 ZAR
ORD          Purchase          6,168           55.9000 ZAR
ORD          Purchase          6,953           56.0000 ZAR
ORD          Purchase          7,024           56.0100 ZAR
ORD          Purchase          8,535           55.4000 ZAR
ORD          Purchase          9,529           55.5000 ZAR
ORD          Purchase          14,345          55.8400 ZAR
ORD          Purchase          14,814          57.0000 ZAR
ORD          Sale              5               55.6100 ZAR
ORD          Sale              22              55.8500 ZAR
ORD          Sale              102             56.0200 ZAR
ORD          Sale              102             56.1700 ZAR
ORD          Sale              102             56.2000 ZAR
ORD          Sale              104             55.4800 ZAR
ORD          Sale              104             55.4900 ZAR
ORD          Sale              109             55.4700 ZAR
ORD          Sale              141             55.2900 ZAR
ORD          Sale              146             55.1600 ZAR
ORD          Sale              172             55.4000 ZAR
ORD          Sale              204             55.5600 ZAR
ORD          Sale              205             56.0000 ZAR
ORD          Sale              205             56.0100 ZAR
ORD          Sale              208             55.4300 ZAR
ORD          Sale              234             55.8200 ZAR
ORD          Sale              1,020           55.9500 ZAR
ORD          Sale              1,456           55.6900 ZAR
ORD          Sale              6,254           55.3500 ZAR


(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
ORD          CFD            Long                   8,758          55.4592 ZAR
ORD          CFD            Long                   95,806         56.0534 ZAR
ORD          CFD            Short                  8,758          55.4636 ZAR
ORD          CFD            Short                  12,117         56.1372 ZAR
ORD          CFD            Short                  25,206         55.9818 ZAR
ORD          CFD            Short                  58,483         56.0737 ZAR


(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:          2 Jun 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.