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               05 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       27,864,764    7.39%      1,141,528     0.30%
securities
(2) Derivatives     1,303,783    0.35%        164,328     0.04%
(other than
options)
(3) Options and        14,148    0.00%         14,148     0.00%
agreements to
purchase/sell
Total              29,182,695    7.74%      1,320,004     0.35%


(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      13,109               6.8100
Purchase      447                  6.8344
Purchase      369                  6.8114
Purchase      2,876                6.7827
Purchase      56,673               6.8048
Purchase      8,229                6.8819
Purchase      14,623               6.8119
Purchase      14,147               6.8100
Purchase      3,031                6.8100
Purchase      13,661               6.8100
Purchase      8,521                6.8399
Purchase      665                  6.7980
Purchase      5,417                6.8095
Purchase      40,239               6.7980
Sale          39,533               6.8088
Sale          115,280              6.8182
Sale          6,811                6.8929
Sale          4,908                6.8336
Sale          20,652               6.8100
Sale          5,417                6.8095
Sale          22,842               6.8100
Sale          10,000               6.8220
Sale          5,417                6.8164
Sale          5,610                6.8482
Sale          39,584               6.8260
Sale          79,792               6.8342

(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         2876          6.7827
CFD            Short         56673         6.8047
CFD            Short         369           6.8113
CFD            Short         8521          6.8399
CFD            Long          9354          6.8036
CFD            Long          39533         6.8088
CFD            Long          115280        6.8181
CFD            Long          4908          6.8335
CFD            Long          79792         6.8342
CFD            Long          3135          6.8386
CFD            Long          5610          6.8482
CFD            Long          6811          6.8928


(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                         09 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)