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               11 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       28,364,811    7.52%        918,165     0.24%
securities
(2) Derivatives     1,386,264    0.37%        869,880     0.23%
(other than
options)
(3) Options and        10,304    0.00%         10,304     0.00%
agreements to
purchase/sell
Total              29,761,379    7.89%      1,798,349     0.48%


(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      75,845               6.6273
Purchase      1,569                6.5725
Purchase      54,528               6.6355
Purchase      115                  6.6475
Purchase      3,771                6.6200
Purchase      548                  6.6700
Purchase      9,000                6.5955
Purchase      264,248              6.6036
Purchase      227,230              6.6195
Purchase      21,410               6.6211
Purchase      6,000                6.6213
Purchase      1,390                6.6200
Purchase      48,903               6.6257
Purchase      48,903               6.6286
Purchase      7,755                6.6308
Purchase      5,526                6.6364
Purchase      1,079                6.6613
Purchase      14,849               6.6213
Sale          11,746               6.5758
Sale          3,426                6.6091
Sale          48,903               6.6257
Sale          24,778               6.6293
Sale          921                  6.6544
Sale          1,079                6.6586


(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         9000          6.5955
CFD            Short         264248        6.6036
CFD            Short         21410         6.6211
CFD            Short         20849         6.6213
CFD            Short         75845         6.6273
CFD            Short         7755          6.6308
CFD            Short         5526          6.6364
CFD            Short         1079          6.6613
CFD            Long          11746         6.5758
CFD            Long          3426          6.6091
CFD            Long          24778         6.6293
CFD            Long          14978         6.6320
CFD            Long          921           6.6544
CFD            Long          1079          6.6586


(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                         12 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