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 (Note  BARCLAYS PLC
1)
Company dealt in              INVESTEC
Class of relevant security    ORD GBP0.0002
to which the dealings being
disclosed relate (Note 2)
Date of dealing               30 May 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           29,009,367   7.67%           1,699,588   0.45%
securities
(2) Derivatives         1,918,587   0.51%             178,112   0.05%
(other than
options)
(3) Options and            36,269   0.01%              36,269   0.01%
agreements to
purchase/sell

Total                  30,964,223   8.19%           1,913,969   0.51%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of relevant security:           Long                  Short

                              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         14,973                  6.8592
Purchase         48,000                  6.7941
Purchase         350,000                 6.9650
Purchase         942                     6.7200
Purchase         2,821                   6.8100
Purchase         1,000                   6.7800
Purchase         21,837                  6.7969
Purchase         25,322                  6.8042
Purchase         50,714                  Transfer
Purchase         17,108                  6.7212
Purchase         17,545                  6.8236
Purchase         6,404                   6.8883
Purchase         2,025                   6.8075
Purchase         9,055                   6.8486
Purchase         17,196                  6.7936
Sale             14,973                  6.8592
Sale             54,214                  6.8290
Sale             4,945                   6.8057
Sale             2,054                   6.8100
Sale             350,000                 7.1150
Sale             62                      6.8237
Sale             6,177                   6.7200
Sale             7,659                   6.9180
Sale             50,714                  7.0500
Sale             50,714                  Transfer
Sale             14,973                  6.8592
Sale             2,993                   6.7950
Sale             3,000                   6.8456
Sale             35,009                  6.8452
Sale             6,187                   6.8553


(b)  Derivatives transactions (other than options)
Product       Long/short      Number of securities    Price per unit
CFD           Short           17108                   6.7211
CFD           Short           1000                    6.78
CFD           Short           17196                   6.7935
CFD           Short           48000                   6.794
CFD           Short           21837                   6.7968
CFD           Short           25322                   6.8042
CFD           Short           2025                    6.8074
CFD           Short           17545                   6.8235
CFD           Short           9055                    6.8485
CFD           Short           6404                    6.8882
CFD           Long            2993                    6.795
CFD           Long            4945                    6.8056
CFD           Long            62                      6.8237
CFD           Long            54214                   6.829
CFD           Long            35009                   6.8452
CFD           Long            6187                    6.8553


(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. call  Number of securities    Exercise price per unit
option                                           (Note 5)





(d)  Other dealings (including new securities) (Note 4)

Nature of transaction    Details                 Price per unit (if
(Note 8)                                         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          31 May 2007
Contact name                BARCLAYS COMPLIANCE
Telephone number            020 7166 2913

If a connected EFM, name of offeree/offeror with which connected
If a connected EFM, state nature of connection (Note 10)