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               29 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       27,813,561    7.38%        997,692     0.26%
securities
(2) Derivatives     1,295,490    0.34%        221,574     0.06%
(other than
options)
(3) Options and         4,839    0.00%          4,839     0.00%
agreements to
purchase/sell
Total              29,113,890    7.72%      1,224,105     0.32%


(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      44,971               6.4656
Purchase      31,823               6.5099
Purchase      169,703              6.4931
Purchase      5,966                6.5031
Purchase      2,000                6.5013
Purchase      21,000               6.5126
Purchase      8,431                6.4912
Purchase      445                  Transfer
Purchase      4,006                6.4086
Purchase      29,775               6.4311
Purchase      44,971               6.4642
Purchase      144,559              6.4925
Sale          2,000                6.5000
Sale          9,626                6.4752
Sale          4,038                6.4300
Sale          528                  6.4300
Sale          896                  6.4300
Sale          8,706                6.4300
Sale          5,156                6.4300
Sale          23,412               6.4620
Sale          44,971               6.4656
Sale          61,746               6.4469
Sale          23,107               Transfer
Sale          12,667               6.4102
Sale          46,459               6.4778
Sale          17,311               6.4300
Sale          2,235                6.4787
Sale          450                  6.4050
Sale          500                  6.5100

(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         4006          6.4085
CFD            Short         29775         6.4311
CFD            Short         8431          6.4912
CFD            Short         144559        6.4925
CFD            Short         2000          6.5013
CFD            Short         5966          6.503
CFD            Short         31823         6.5098
CFD            Long          12667         6.4101
CFD            Long          82674         6.43
CFD            Long          61746         6.4468
CFD            Long          23412         6.4619
CFD            Long          9626          6.4752
CFD            Long          2235          6.4787
CFD            Long          500           6.51

(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                         02 July 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