Holding(s) in Company

Investec PLC
10 February 2003

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company
Investec plc

2. Name of shareholder having a major interest
Old Mutual plc

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18
In respect of the shareholder named above.

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Number of Shares                         Registered Holder

5139487                                  Old Mutual Life Assurance Company
                                         (South Africa) Ltd

381365                                   Old Mutual Unit Trusts (SA) Ltd

10000                                    Omnibon No. 13 (Pty) Limited

34059                                    Old Mutual Life Assurance Company
                                         (South Africa) Ltd

11073                                    Old Mutual Life Assurance Company
                                         (South Africa) Ltd

2019                                     Old Mutual Life Assurance Company
                                         (South Africa) Ltd

3075110                                  Old Mutual Asset Managers (South
                                         Africa) Ltd (Managed fund client
                                         assets)

144981                                   Old Mutual Life Assurance Company
                                         (Namibia) Ltd

67734                                    Old Mutual Asset Managers (Namibia) Ltd
                                         (Managed fund client assets)

206067                                   Old Mutual Global Asset Fund

423300                                   Old Mutual South African Trust Limited

95300                                    Nedcor Bank Nominees Ltd

443168                                   Standard Bank Nominees Ltd

8162                                     Computershare Nominees

160500                                   ABSA Nominees

30870                                    CGU Insurance Ltd (Part of Mutual &
                                         Federal Group)

12600                                    Sentrasure Ltd (Part of Mutual &
                                         Federal Group)

177192                                   Nedcor Bank Nominees Ltd

7497                                     Standard Bank Nominees Ltd

123062                                   Standard Bank Nominees Ltd

230833                                   Nedoor Bank Nominees Ltd

21377                                    Standard Bank Nominees Ltd

5814                                     Standard Bank Nominees Ltd

92602                                    Marser Nominees

2108                                     Syfrets Nominees

288                                      HSBC Global Custody (UK) Ltd Nominees

945                                      Acadian Asset Management


5. Number of shares / amount of stock acquired
N/A

6. Percentage of issued class
N/A

7. Number of shares / amount of stock disposed
1,450,080

8. Percentage of issued class
1.94%

9. Class of security
Ordinary shares of £0.001 each

10. Date of transaction
4th February 2003

11. Date company informed
7th February 2003

12. Total holding following this notification
10,907,513

13. Total percentage holding of issued class following this notification
14.61%

14. Any additional information
N/A

15. Name of contact and telephone number for queries
Richard Vardy

Group Company Secretary

Tel: [phone]

16. Name and signature of authorised company official responsible for making
this notification
Richard Vardy

Group Secretary

Date of notification
10th February 2003

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


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