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:                  15 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:        1,722,821     0.64%         899,780     0.33%
(2) Derivatives
    (other
    than options):        92,632     0.03%          92,632     0.03%
(3) Options and
    agreements to
    purchase/sell:             0     0.00%              0      0.00%

    TOTAL:             1,815,453     0.67%         992,412     0.37%

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          40              57.2200 ZAR
ORD          Purchase          87              57.7000 ZAR
ORD          Purchase          91              57.5400 ZAR
ORD          Purchase          100             57.2600 ZAR
ORD          Purchase          102             57.2500 ZAR
ORD          Purchase          102             57.3900 ZAR
ORD          Purchase          102             57.8900 ZAR
ORD          Purchase          103             57.7300 ZAR
ORD          Purchase          121             57.7800 ZAR
ORD          Purchase          146             57.7500 ZAR
ORD          Purchase          172             57.3400 ZAR
ORD          Purchase          185             57.5300 ZAR
ORD          Purchase          200             57.3000 ZAR
ORD          Purchase          206             57.9300 ZAR
ORD          Purchase          218             57.2700 ZAR
ORD          Purchase          249             57.8300 ZAR
ORD          Purchase          303             57.3300 ZAR
ORD          Purchase          305             57.4900 ZAR
ORD          Purchase          322             57.5200 ZAR
ORD          Purchase          326             57.6800 ZAR
ORD          Purchase          338             58.1000 ZAR
ORD          Purchase          360             57.2800 ZAR
ORD          Purchase          376             57.7900 ZAR
ORD          Purchase          415             57.9500 ZAR
ORD          Purchase          538             57.4600 ZAR
ORD          Purchase          551             57.4700 ZAR
ORD          Purchase          639             57.9400 ZAR
ORD          Purchase          657             57.9800 ZAR
ORD          Purchase          661             57.4800 ZAR
ORD          Purchase          948             58.0100 ZAR
ORD          Purchase          1,081           57.9900 ZAR
ORD          Purchase          1,468           58.0000 ZAR
ORD          Purchase          6,000           57.4000 ZAR
ORD          Purchase          8,536           57.8161 ZAR
ORD          Sale              17              57.9100 ZAR
ORD          Sale              100             57.1200 ZAR
ORD          Sale              100             57.9600 ZAR
ORD          Sale              177             57.6600 ZAR
ORD          Sale              200             57.0900 ZAR
ORD          Sale              248             57.6200 ZAR
ORD          Sale              265             57.2500 ZAR
ORD          Sale              265             57.5000 ZAR
ORD          Sale              315             57.3900 ZAR
ORD          Sale              350             57.6500 ZAR
ORD          Sale              361             57.1600 ZAR
ORD          Sale              370             57.4200 ZAR
ORD          Sale              406             57.5600 ZAR
ORD          Sale              501             57.4300 ZAR
ORD          Sale              506             57.9700 ZAR
ORD          Sale              530             57.1100 ZAR
ORD          Sale              575             57.3800 ZAR
ORD          Sale              609             57.0400 ZAR
ORD          Sale              614             56.9900 ZAR
ORD          Sale              621             57.1300 ZAR
ORD          Sale              631             57.4500 ZAR
ORD          Sale              768             57.8700 ZAR
ORD          Sale              785             57.8300 ZAR
ORD          Sale              882             57.0100 ZAR
ORD          Sale              938             57.3200 ZAR
ORD          Sale              1,001           57.3000 ZAR
ORD          Sale              1,008           57.5900 ZAR
ORD          Sale              1,009           57.3500 ZAR
ORD          Sale              1,012           57.0500 ZAR
ORD          Sale              1,012           57.6900 ZAR
ORD          Sale              1,021           57.4800 ZAR
ORD          Sale              1,039           57.0800 ZAR
ORD          Sale              1,039           57.5400 ZAR
ORD          Sale              1,060           57.7300 ZAR
ORD          Sale              1,096           57.9900 ZAR
ORD          Sale              1,186           57.3700 ZAR
ORD          Sale              1,208           57.8200 ZAR
ORD          Sale              1,276           57.7600 ZAR
ORD          Sale              1,350           57.6100 ZAR
ORD          Sale              1,416           57.0000 ZAR
ORD          Sale              1,449           57.9300 ZAR
ORD          Sale              1,605           57.9200 ZAR
ORD          Sale              1,622           57.5500 ZAR
ORD          Sale              1,659           57.6800 ZAR
ORD          Sale              1,663           57.8600 ZAR
ORD          Sale              1,731           57.4700 ZAR
ORD          Sale              1,907           57.7700 ZAR
ORD          Sale              2,328           57.9000 ZAR
ORD          Sale              2,336           57.4600 ZAR
ORD          Sale              2,355           57.9800 ZAR
ORD          Sale              2,589           57.2600 ZAR
ORD          Sale              2,598           58.0000 ZAR
ORD          Sale              2,747           57.1000 ZAR
ORD          Sale              2,780           57.8800 ZAR
ORD          Sale              3,009           57.7900 ZAR
ORD          Sale              3,046           58.0300 ZAR
ORD          Sale              3,246           57.7800 ZAR
ORD          Sale              3,512           57.8500 ZAR
ORD          Sale              3,527           57.7500 ZAR
ORD          Sale              3,538           57.9400 ZAR
ORD          Sale              8,431           57.4000 ZAR
ORD          Sale              9,314           57.9500 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                   890            57.9465 ZAR
ORD          CFD            Long                   2,601          57.5641 ZAR
ORD          CFD            Long                   11,888         57.2949 ZAR
ORD          CFD            Long                   18,602         57.9422 ZAR
ORD          CFD            Short                  87             57.7231 ZAR
ORD          CFD            Short                  803            57.9759 ZAR
ORD          CFD            Short                  33,091         57.6846 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:          16 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.