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               06 August 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       27,825,049     7.37%      1,091,640     0.29%
securities
(2) Derivatives     5,623,423     1.49%       5,258,743    1.39%
(other than
options)
(3) Options and       571,000     0.15%         571,000    0.15%
agreements to
purchase/sell
Total              34,019,472     9.01%        6,921,383   1.83%


(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      10,000               5.8362
Purchase      1,671                5.9250
Purchase      648                  5.8394
Purchase      5,951                5.9173
Purchase      86,790               5.8944
Purchase      217,100              5.8700
Purchase      30,043               5.8955
Purchase      3,000                5.8500
Purchase      20,314               5.8462
Purchase      68,500               5.8700
Purchase      163                  5.9344
Purchase      2,048                5.8980
Purchase      261                  5.8494
Purchase      29,165               5.9261
Purchase      800                  5.8444
Purchase      12,225               5.8450
Purchase      7,752                5.9304
Sale          217,100              5.8700
Sale          255,643              5.8873
Sale          600                  5.9393
Sale          10,000               5.8350
Sale          86,790               5.8944
Sale          75,113               5.8967
Sale          4,956                5.8688
Sale          7,560                5.9183
Sale          4,183                5.8450
Sale          27,521               5.9240
Sale          3,000                5.8488
Sale          5,200                5.9062
Sale          68,500               5.8700

(b)  Derivatives transactions (other than options)
Product name   Long/Short    Number of     Price per
                             Securities    unit
CFD            Short         10000         5.8361
CFD            Short         20314         5.8461
CFD            Short         30043         5.8954
CFD            Short         2048          5.898
CFD            Short         26800         5.9032
CFD            Short         5951          5.9173
CFD            Short         29165         5.926
CFD            Short         7752          5.9303
CFD            Long          3000          5.8488
CFD            Long          4956          5.8688
CFD            Long          255643        5.8873
CFD            Long          75113         5.8966
CFD            Long          7560          5.9182
CFD            Long          8248          5.9219
CFD            Long          19273         5.9248
CFD            Long          600           5.9392

(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)                 YES


Date of disclosure                         07 August 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

DETAILS OF OPEN POSITIONS
(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

Product name,      Written or    Number of Securities to   Exercise Price   Type, e.g.     Expiry Date
e.g. call option   Purchased     which the option or       (Note 2)         American,
                                 derivative relates                         European etc.
Option             Purchased     -68,500                   6.8715           EURO           03/08/2007
Option             Purchased     -217,000                  6.8040           EURO           03/08/2007
Option             Purchased      217,000                  6.8040           EURO           03/08/2007
Option             Purchased      68,500                   6.8715           EURO           03/08/2007
Option             Purchased     -68,500                   7.7877           EURO           03/08/2007
Option             Purchased     -217,000                  7.7112           EURO           03/08/2007
Option             Purchased      217,000                  7.7112           EURO           03/08/2007
Option             Purchased      68,500                   7.7877           EURO           03/08/2007

Notes
1. Where there are open option positions or open derivative positions (except for CFD's), full details should be given.
Full details of any existing agreements to purchase or to sell should also be given on this form.
2. For all prices and other monetary amounts, the currency must be stated.
For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the
Takeover Panel's website at www.thetakeoverpanel.org.uk