Director Shareholding

Investec plc - (the 'Company')

22 June 2005

NOTIFICATION OF DIRECTORS' ATTRIBUTABLE INTERESTS

The Company received notification on the 21st June 2005 that certain directors
of the Company had disposed of ordinary shares of £0.001 ('Ordinary Shares')
each in Investec plc, as set out in the table below:

Director       Date of         Beneficial and  Percentage of   Price per     
               transaction     non-beneficial  issued class    share         
                               holdings                                      
                                                                             
A Tapnack      20 June 2005    11,812          0.02%           £18.03        
                                                                             
P Thomas       21 June 2005    50,000          0.07%           ZAR220.73     

The 11,812 Ordinary Shares disposed by Mr A Tapnack were disposed following the
exercise on the 20th June 2005 of 11,812 options held in terms of the Investec
plc Share Option Plan 2002. The date of grant for these options was the 28th
August 2002 with an exercise price of £10.52. Following this notification, Mr
Tapnack holds options over 62,072 Ordinary Shares in the Company.

Following this notification, the directors total beneficial and non-beneficial
holdings and the total percentage holdings of Ordinary Shares in the Company
are as laid out in the table below:

Director                  Beneficial and            Percentage of issued     
                          non-beneficial holdings   class                    
                                                                             
A Tapnack                 0                         0                        
                                                                             
P Thomas                  106,219                   0.14%                    

As part of the dual listed company structure, Investec plc and Investec Limited
notify both the London and Johannesburg Stock Exchanges ('JSE') of those
interests (and changes to those interests) of directors of both entities in the
securities of Investec plc and Investec Limited which are required to be
disclosed under the Listing Rules of the United Kingdom Listing Authority and/
or the JSE Listing Requirements.

Accordingly we also advise of the following in accordance with the JSE Listing
Requirements requiring disclosure of dealings in securities of Investec plc and
Investec Limited by the directors of the Company:

Director of Investec Limited and       Mr A Tapnack                          
Investec plc                                                                 
                                                                             
Nature of transaction                  Sale of shares pursuant to exercise of
                                       options                               
                                                                             
Share                                  Investec Limited ordinary shares (INL)
                                                                             
No of shares                           6,938                                 
                                                                             
Exercise price                         ZAR164.50 per share                   
                                                                             
Transaction price                      ZAR217.00 per share                   
                                                                             
Date of transaction                    20 June 2005                          

Enquiries:

Richard Vardy

Investec plc Group Company Secretary

[phone]