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               02 July 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       27,946,671    7.41%        961,137     0.26%
securities
(2) Derivatives     1,286,204    0.34%        319,034     0.08%
(other than
options)
(3) Options and         7,663    0.00%          7,663     0.00%
agreements to
purchase/sell
Total              29,240,538    7.76%      1,287,834     0.34%


(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      197,921              6.5442
Purchase      36,105               6.5904
Purchase      50,276               6.5300
Purchase      29,775               6.5629
Purchase      6,335                6.5878
Purchase      50,276               6.5285
Purchase      36,363               6.5877
Purchase      2,000                6.5000
Purchase      467                  6.5950
Purchase      519                  6.6056
Purchase      1,000                6.5913
Purchase      6,974                6.6044
Purchase      162,353              6.5684
Sale          8,000                6.6000
Sale          29,775               6.5629
Sale          1,000                6.5900
Sale          29,775               6.5629
Sale          28,873               6.5211
Sale          248,197              Transfer
Sale          21,018               6.5937
Sale          6,926                6.5488
Sale          20,206               6.5818
Sale          1,532                6.5950
Sale          1,676                6.6202
Sale          50,276               6.5300


(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         162353        6.5683
CFD            Short         42698         6.5877
CFD            Short         1000          6.5913
CFD            Short         6974          6.6044
CFD            Short         519           6.6056
CFD            Long          8000          6.4719
CFD            Long          1626          6.4914
CFD            Long          28873         6.521
CFD            Long          6526          6.546
CFD            Long          29775         6.5629
CFD            Long          20206         6.5817
CFD            Long          21018         6.5936
CFD            Long          400           6.5944

NB: The below transactions which were previously disclosed have been cancelled

Deal Date    Long/Short    Number of Securities    Price per unit (GBP)
29/06/2007   Long          9,626                   6.4752


(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                         03 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