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:                  2 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:        1,580,777     0.59%         912,217     0.34%
(2) Derivatives
    (other
    than options):        42,570     0.02%          42,570     0.02%
(3) Options and
    agreements to
    purchase/sell:             0      0.00               0      0.00

    TOTAL:             1,623,347     0.60%         954,787     0.35%


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          25              57.7600 ZAR
ORD          Purchase          32              57.6700 ZAR
ORD          Purchase          38              56.5400 ZAR
ORD          Purchase          100             57.8300 ZAR
ORD          Purchase          102             57.0800 ZAR
ORD          Purchase          102             58.2000 ZAR
ORD          Purchase          123             57.3700 ZAR
ORD          Purchase          124             57.3200 ZAR
ORD          Purchase          124             58.2400 ZAR
ORD          Purchase          143             57.3500 ZAR
ORD          Purchase          165             57.9500 ZAR
ORD          Purchase          205             57.0000 ZAR
ORD          Purchase          211             57.6200 ZAR
ORD          Purchase          225             57.4900 ZAR
ORD          Purchase          276             57.8400 ZAR
ORD          Purchase          298             57.8900 ZAR
ORD          Purchase          333             57.8800 ZAR
ORD          Purchase          356             57.9900 ZAR
ORD          Purchase          362             56.7200 ZAR
ORD          Purchase          403             57.4200 ZAR
ORD          Purchase          407             57.8600 ZAR
ORD          Purchase          408             57.5400 ZAR
ORD          Purchase          424             57.7100 ZAR
ORD          Purchase          427             57.7900 ZAR
ORD          Purchase          492             57.6000 ZAR
ORD          Purchase          505             57.4400 ZAR
ORD          Purchase          518             57.7800 ZAR
ORD          Purchase          526             57.5100 ZAR
ORD          Purchase          635             58.1400 ZAR
ORD          Purchase          649             57.6300 ZAR
ORD          Purchase          744             57.4000 ZAR
ORD          Purchase          791             57.7400 ZAR
ORD          Purchase          808             57.5200 ZAR
ORD          Purchase          818             57.4300 ZAR
ORD          Purchase          924             57.9600 ZAR
ORD          Purchase          945             57.9444 ZAR
ORD          Purchase          997             57.1200 ZAR
ORD          Purchase          1,017           57.3300 ZAR
ORD          Purchase          1,101           57.3400 ZAR
ORD          Purchase          1,128           58.0100 ZAR
ORD          Purchase          1,158           57.3900 ZAR
ORD          Purchase          1,227           57.6900 ZAR
ORD          Purchase          1,248           57.5300 ZAR
ORD          Purchase          1,297           57.6800 ZAR
ORD          Purchase          1,504           57.6600 ZAR
ORD          Purchase          1,695           57.6500 ZAR
ORD          Purchase          1,733           57.7700 ZAR
ORD          Purchase          1,831           57.8200 ZAR
ORD          Purchase          1,877           57.8500 ZAR
ORD          Purchase          2,051           57.7000 ZAR
ORD          Purchase          2,060           57.1100 ZAR
ORD          Purchase          2,133           57.1300 ZAR
ORD          Purchase          2,148           57.9000 ZAR
ORD          Purchase          2,347           57.8000 ZAR
ORD          Purchase          2,814           57.4700 ZAR
ORD          Purchase          2,838           57.5800 ZAR
ORD          Purchase          2,860           57.7300 ZAR
ORD          Purchase          3,509           57.5000 ZAR
ORD          Purchase          3,530           57.5700 ZAR
ORD          Purchase          3,654           57.6100 ZAR
ORD          Purchase          4,422           56.9996 ZAR
ORD          Purchase          4,515           57.7500 ZAR
ORD          Purchase          5,589           57.5900 ZAR
ORD          Purchase          6,238           57.9800 ZAR
ORD          Purchase          7,743           57.4800 ZAR
ORD          Sale              6               57.6300 ZAR
ORD          Sale              11              57.5400 ZAR
ORD          Sale              40              58.1700 ZAR
ORD          Sale              50              57.5500 ZAR
ORD          Sale              104             57.4100 ZAR
ORD          Sale              124             58.2400 ZAR
ORD          Sale              147             57.8400 ZAR
ORD          Sale              183             57.8900 ZAR
ORD          Sale              365             57.9500 ZAR
ORD          Sale              539             57.6400 ZAR
ORD          Sale              599             56.7700 ZAR
ORD          Sale              601             56.9900 ZAR
ORD          Sale              622             57.6700 ZAR
ORD          Sale              635             58.1400 ZAR
ORD          Sale              640             57.6200 ZAR
ORD          Sale              690             58.1500 ZAR
ORD          Sale              746             57.5800 ZAR
ORD          Sale              821             57.7300 ZAR
ORD          Sale              1,257           57.7400 ZAR
ORD          Sale              1,363           57.6500 ZAR
ORD          Sale              1,496           57.7900 ZAR
ORD          Sale              1,500           56.8700 ZAR
ORD          Sale              1,501           57.5200 ZAR
ORD          Sale              1,628           57.7700 ZAR
ORD          Sale              1,713           57.5600 ZAR
ORD          Sale              1,722           57.6600 ZAR
ORD          Sale              1,750           57.9000 ZAR
ORD          Sale              2,300           56.8900 ZAR
ORD          Sale              2,486           57.9800 ZAR
ORD          Sale              2,577           57.8200 ZAR
ORD          Sale              2,858           57.7000 ZAR
ORD          Sale              2,913           57.6000 ZAR
ORD          Sale              3,050           57.6900 ZAR
ORD          Sale              3,071           57.6800 ZAR
ORD          Sale              3,512           57.5700 ZAR
ORD          Sale              3,577           57.7100 ZAR
ORD          Sale              4,137           57.7800 ZAR
ORD          Sale              4,422           56.9996 ZAR
ORD          Sale              4,847           57.6100 ZAR
ORD          Sale              4,995           57.8500 ZAR
ORD          Sale              7,838           57.5900 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                   1,771          57.0236 ZAR
ORD          CFD            Long                   3,500          56.8638 ZAR
ORD          CFD            Long                   29,567         57.6336 ZAR
ORD          CFD            Long                   39,436         57.5303 ZAR
ORD          CFD            Short                  8,524          57.5598 ZAR
ORD          CFD            Short                  14,983         57.4604 ZAR
ORD          CFD            Short                  15,929         57.5916 ZAR
ORD          CFD            Short                  34,838         57.5286 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:          3 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.