Holding(s) in Company

Investec PLC
08 February 2007


Investec Limited                              Investec plc
Incorporated in the Republic of South Africa  Incorporated in England and Wales
Registration number 1925/002833/06            Registration number 3633621
JSE share code: INL                           JSE share code: INP
ISIN: ZAE000081949                            ISIN: GB00B17BBQ50

As part of the dual listed company ('DLC') structure, Investec plc and  Investec
Limited notify both the London Stock Exchange and the JSE Limited of  matters
which are required to be disclosed under the Disclosure and Listing Rules of the
United Kingdom Listing Authority (the 'UKLA')and/or the JSE Listing 
Requirements.


Accordingly, we advise of the following:


TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):


Investec plc


2. Reason for the notification (please state Yes/No):


An acquisition or disposal of voting rights:


N/A

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached:

N/A

An event changing the breakdown of voting rights:

N/A

Other (please specify):

Notification of holdings as at 20 January 2007

3. Full name of person(s) subject to the notification obligation (iii):

JPMorgan Chase & Co.

4. Full name of shareholder(s) (if different from 3.) (iv):

JP Morgan International Bank Limited

JP Morgan Investment Management Inc.

JP Asset Management Limited

JP Morgan Asset Management (Japan) Limited

JP Morgan Asset Management (UK) Limited

JP Morgan Chase Bank


5. Date of the transaction and date on which the threshold is crossed or reached
(v):


N/A


6. Date on which issuer notified:

8 February 2007

7. Threshold(s) that is/are crossed or reached:

5% threshold

8. Notified details:

N/A

A: Voting rights attached to shares

Class/type of shares if   Situation previous to the  Resulting situation after
possible using the ISIN   Triggering transaction     the triggering transaction
CODE                      (vi)                       (vi)
                          Number of shares           Number of voting Rights
                                                     (viii)

Investec plc Ordinary     N/A                        N/A
Shares (ISIN
GB00B17BBQ50)


Resulting situation after the triggering transaction (vii)

Class/type of shares if possible Number of  Number of voting     % of voting
using the ISIN CODE              shares     rights (ix)          rights

                                 Direct     Direct   Indirect    Direct Indirect
                                            (x)      (xi)

Investec plc
Ordinary
Shares (ISIN
GB00B17BBQ50)                    N/A        N/A       26850735   N/A      7.12


B: Financial Instruments

Resulting situation after the triggering transaction (xii)

Type of     Expiration Exercise/       Number of voting rights that may  % of
financial   Date       Conversion      be acquired if the instrument is  voting
instrument  (xiii)     Period/ Date    exercised/ converted.             rights
                       (xiv)



N/A



Total (A+B)
Number of voting rights                 % of voting rights

26850735                                7.12



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):


Total disclosable holding for JP Morgan Chase & Co : 26850735


Holdings by controlled undertakings of JP Morgan Chase & Co are as follows:


JP Morgan International Bank Limited

JP Morgan Investment Management Inc.

JP Asset Management Limited

JP Morgan Asset Management (Japan) Limited

JP Morgan Asset Management (UK) Limited: 25 777 137 (6.83%)

JP Morgan Chase Bank


Proxy Voting:


10. Name of the proxy holder:


N/A


11. Number of voting rights proxy holder will cease to hold:


N/A


12. Date on which proxy holder will cease to hold voting rights:


N/A


13. Additional information:


The above relates to disclosable holdings as at 20 January 2007. Please note
that JPMorgan Chase & Co. has other holdings which are covered by exemptions.


14. Contact name:


Richard Vardy

Company Secretary Investec plc


15. Contact telephone number:


0207 597 4485


Annex to Notification Of Major Interests In Shares (xvi)


A: Identity of the person or legal entity subject to the notification obligation


Full name (including legal form for legal entities):


JP Morgan Chase & Co.


Contact address (registered office for legal entities)


270 Park Avenue, New York, NY, 10017


Phone number:


001 212 270 6000


Other useful information (at least legal representative for legal persons):


N/A


B: Identity of the notifier, if applicable (xvii)


Full name:


Katie Green


Contact address:


JPMorgan Chase, 13th Floor, 125 London Wall, London, EC2Y 5AJ


Phone number:


0207 7773028


Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):


N/A


C: Additional information :


N/A


Notes to the Forms

(i) This form is to be sent to the issuer or underlying issuer and to be filed
with the competent authority.

(ii) Either the full name of the legal entity or another method for identifying
the issuer or underlying issuer, provided it is reliable and accurate.

(iii) This should be the full name of (a) the shareholder; (b) the person
acquiring, disposing of or exercising voting rights in the cases provided for in
DTR5.2.1 (b) to (h); (c) all the parties to the agreement referred to in
DTR5.2.1 (a), or (d) the direct or indirect holder of financial instruments
entitled to acquire shares already issued to which voting rights are attached,
as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h), the
following list is provided as indication of the persons who should be mentioned:

- in the circumstances foreseen in DTR5.2.1 (b), the person that acquires the
voting rights and is entitled to exercise them under the agreement and the
natural person or legal entity who is transferring temporarily for consideration
the voting rights;

- in the circumstances foreseen in DTR 5.2.1 (c), the person holding the
collateral, provided the person or entity controls the voting rights and
declares its intention of exercising them, and person lodging the collateral
under these conditions;

- in the circumstances foreseen in DTR5.2.1(d), the person who has a life
interest in shares if that person is entitled to exercise the voting rights
attached to the shares and the person who is disposing of the voting rights when
the life interest is created;

- in the circumstances foreseen in DTR5.2.1 (e), the parent undertaking and,
provided it has a notification duty at an individual level under DTR 5.1, under
DTR5.2.1 (a) to (d) or under a combination of any of those situations, the
controlled undertaking;

- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker of the
shares, if he can exercise the voting rights attached to the shares deposited
with him at his discretion, and the depositor of the shares allowing the deposit
taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in DTR5.2.1 (g), the person that controls the
voting rights;

- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder, if he can
exercise the voting rights at his discretion, and the shareholder who has given
his proxy to the proxy holder allowing the latter to exercise the voting rights
at his discretion.

(iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h). This should
be the full name of the shareholder who is the counterparty to the natural
person or legal entity referred to in DTR5.2.

(v) The date of the transaction should normally be, in the case of an on
exchange transaction, the date on which the matching of orders occurs; in the
case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the
acquisition, disposal or possibility to exercise voting rights takes effect (see
DTR 5.1.1R (3)). For passive crossings, the date when the corporate event took
effect.

(vi) Please refer to the situation disclosed in the previous notification, in
case the situation previous to the triggering transaction was below 3%, please
state 'below 3%'.

(vii) If the holding has fallen below the minimum threshold, the notifying party
should not be obliged to disclose the extent of the holding, only that the new
holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of
individual holdings per party to the agreement unless a party individually
crosses or reaches an Article 9 threshold. This applies upon entering into,
introducing changes to or terminating an agreement.

(viii) Direct and indirect

(ix) In case of combined holdings of shares with voting rights attached 'direct
holding' and voting rights 'indirect holdings', please split the voting rights
number and percentage into the direct and indirect columns-if there is no
combined holdings, please leave the relevant box blank.

(x) Voting rights to shares in respect of which the notifying party is a direct
shareholder (DTR 5.1)

(xi) Voting rights held by the notifying party as an indirect shareholder (DTR
5.2.1)

(xii) If the holding has fallen below the minimum threshold, the notifying party
should not be obliged to disclose the extent of the holding, only that the new
holding is below 3%.

(xiii) date of maturity / expiration of the finical instrument i.e. the date
when the right to acquire shares ends.

(xiv) If the financial instrument has such a period-please specify the period-
for example once every three months starting from the (date)

(xv) The notification should include the name(s) of the controlled undertakings
through which the voting rights are held. The notification should also include
the amount of voting rights and the percentage held by each controlled
undertaking, insofar as individually the controlled undertaking holds 5% or
more, and insofar as the notification by the parent undertaking is intended to
cover the notification obligations of the controlled undertaking.

(xvi ) This annex is only to be filed with the competent authority.

(xvii) Whenever another person makes the notification on behalf of the
shareholder or the natural person/legal entity referred to in DTR5.2 and DTR5.3



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