Rule 8.3 - INVESTEC

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              INVESTEC
Class of relevant security    ORD GBP0.0002
to which the dealings being
disclosed relate (Note 2)
Date of dealing               26 June 2007

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant       27,550,527    7.31%      1,231,938     0.33%
securities
(2) Derivatives     1,274,658    0.34%        145,751     0.04%
(other than
options)
(3) Options and         8,032    0.00%          8,032     0.00%
agreements to
purchase/sell
Total              28,833,217    7.65%      1,385,721     0.37%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

(a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      3,636                6.5000
Purchase      69                   6.4613
Purchase      26,946               6.4938
Purchase      5,442                6.5000
Purchase      8,216                6.5119
Purchase      57,006               6.5022
Purchase      5,800                6.4982
Purchase      202                  6.5294
Purchase      8,760                6.5024
Sale          26,946               6.4938
Sale          11,511               6.4987
Sale          4,200                6.5400
Sale          5,800                6.4969
Sale          8,423                6.5005
Sale          32,200               6.5085
Sale          4,479                6.4700
Sale          33,439               6.4771
Sale          2,144                6.5036
Sale          5,442                6.5000
Sale          7,131                6.4916
Sale          571                  6.5106
Sale          4,199                6.4822
Sale          18,049               6.5000
Sale          76,337               6.4905
Sale          26,946               6.4942

(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         69            6.4613
CFD            Short         57006         6.5021
CFD            Short         8216          6.5118
CFD            Long          4479          6.4699
CFD            Long          33439         6.4771
CFD            Long          4199          6.4822
CFD            Long          7131          6.4915
CFD            Long          5800          6.4968
CFD            Long          11511         6.4987
CFD            Long          8423          6.5004
CFD            Long          4200          6.54

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         27 June 2007
Contact name                               BARCLAYS COMPLIANCE
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk