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               31 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           29,092,163   7.69%           1,798,334   0.48%
securities
(2) Derivatives         1,986,602   0.53%             215,396   0.06%
(other than
options)
(3) Options and            51,449   0.01%              51,449   0.01%
agreements to
purchase/sell

Total                  31,130,214   8.23%           2,065,179   0.55%


(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         5,953                   6.9150
Purchase         22                      6.7900
Purchase         919                     6.8164
Purchase         2,119                   6.9119
Purchase         5,260                   6.8114
Purchase         6,247                   6.9119
Purchase         352                     6.9194
Purchase         62                      6.7900
Purchase         11,368                  6.9119
Purchase         2,771                   6.8266
Purchase         73,006                  6.9119
Purchase         5,219                   6.9150
Purchase         9,488                   6.8429
Purchase         2,000                   6.8334
Purchase         148                     6.7900
Purchase         3,623                   6.9119
Purchase         2,977                   6.8099
Purchase         8,120                   6.9119
Purchase         330                     6.9444
Purchase         18,298                  6.8334
Purchase         13,372                  6.7673
Purchase         317                     6.7900
Purchase         128                     6.7900
Purchase         3,000                   6.8394
Purchase         2,205                   6.9119
Purchase         3,029                   6.9119
Purchase         362                     6.9119
Purchase         5                       6.7900
Purchase         90                      6.7900
Purchase         55,889                  6.8501
Purchase         1,377                   6.8410
Sale             7,678                   6.9150
Sale             1,500                   6.8406
Sale             8,984                   6.8450
Sale             51,116                  6.8494
Sale             78,775                  6.8995
Sale             906                     6.8736
Sale             1,181                   6.8336
Sale             5,100                   6.8312
Sale             20                      6.8840

(b)  Derivatives transactions (other than options)
Product       Long/short      Number of securities    Price per unit
CFD           Short           13372                   6.7672
CFD           Short           2977                    6.8099
CFD           Short           5260                    6.8113
CFD           Short           919                     6.8163
CFD           Short           2771                    6.8265
CFD           Short           20298                   6.8333
CFD           Short           3000                    6.8394
CFD           Short           2357                    6.8406
CFD           Short           1377                    6.841
CFD           Short           7131                    6.8436
CFD           Short           55889                   6.85
CFD           Long            5100                    6.8311
CFD           Long            1181                    6.8336
CFD           Long            8984                    6.8449
CFD           Long            51116                   6.8493
CFD           Long            906                     6.8736
CFD           Long            20                      6.884
CFD           Long            78775                   6.8994

(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          01 June 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)