Director/PDMR Shareholding

RNS Number : 6628U

Investec PLC

28 December 2011

Investec Limited

Incorporated in the Republic of South Africa

Registration number 1925/002833/06

JSE share code: INL

ISIN: ZAE000081949

Investec plc

Incorporated in England and Wales

Registration number 3633621

JSE share code: INP

ISIN: GB00B17BBQ50

(together "Investec")

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities and the respective company secretaries, (ii) persons discharging managerial responsibilities (PDMRs) across the group, and (iii) in certain instances the directors of major subsidiaries of Investec Limited, in the securities of Investec plc and Investec Limited which are required to be disclosed under the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

Accordingly, we advise of the following changes to attributable interests in the ordinary shares of Investec plc and Investec Limited:

1. INTERESTS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC LIMITED ORDINARY SHARES")

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec Limited:

Award of nil cost options in Investec Limited ordinary shares

On the 23 December 2011, Investec made forfeitable awards in respect of nil cost options in the capital of Investec Limited for nil consideration pursuant to its Long Term Incentive Plan ("LTIP"). In terms of the LTIP plan rules, 75% of the options are exercisable on 23 December 2015 and the remaining 25% of the options are exercisable on 23 December 2016, on condition that the participant is still employed by Investec. The awards are in accordance with the determination of the Remuneration Committee and with the rules of the LTIP plan.

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, Investec Limited advises of the following changes to attributable interests in Investec Limited by a director of a major subsidiary of Investec Limited:

	NUMBER OF OPTIONS AWARDED
Bradley Tapnack	100,000

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, Investec Limited advises of the following changes to attributable interests in Investec Limited by the Company Secretary:

	NUMBER OF OPTIONS AWARDED
Benita Coetsee	20,000

2. INTERESTS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC ORDINARY SHARES")

Award of nil cost options in Investec plc ordinary shares

On the 23 December 2011, Investec made forfeitable awards in respect of nil cost options in the capital of Investec plc for nil consideration pursuant to its Long Term Incentive Plan ("LTIP"). In terms of the LTIP plan rules, 75% of the options are exercisable on 23 December 2015 and the remaining 25% of the options are exercisable on 23 December 2016, on condition that the participant is still employed by Investec. The awards are in accordance with the determination of the Remuneration Committee and with the rules of the LTIP plan.

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec plc by the Company Secretary: