Ninety One Limited                                              Ninety One plc
Incorporated in the Republic of South Africa                    Incorporated in England and Wales
Registration number 2019/526481/06                              Registration number 12245293
Date of registration: 18 October 2019                           Date of registration: 4 October 2019
JSE share code: NY1                                             LSE share code: N91
ISIN: ZAE000282356                                              JSE share code: N91
                                                                ISIN: GB00BJHPLV88


Notification of transactions by relevant Directors, Persons Discharging Managerial Responsibilities and persons
closely associated with them, prescribed officers, companies secretaries and associates

As part of the dual listed company structure, Ninety One plc and Ninety One Limited (together "Ninety One") 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 and such persons’ respective associates and persons closely associated with them, (ii)
prescribed officers and persons discharging managerial responsibilities ("PDMRs") and such persons’ respective associates and
persons closely associated with them, and (iii) in certain instances the directors and company secretaries of major subsidiaries
of Ninety One and such persons’ respective associates, in the securities of Ninety One plc and Ninety One Limited which are
required to be disclosed under Article 19(1) of the Market Abuse Exit Regulations 2019 (“UK MAR”), the Listing Rules, and the
Disclosure Guidance and Transparency Rules of the FCA and/or the JSE Listings Requirements.

Ninety One announces that, in respect of its all-employee Share Incentive Plan ("SIP"), it has received notification that a
purchase of ordinary shares in Ninety One plc by the SIP trustee on behalf of participating employees took place on 25 April
2023. Details of the Partnership Shares purchased by the SIP trustee on behalf of PDMRs are set out in the tables below. The
Partnership Shares were purchased by the SIP trustee on behalf of the below PDMRs at a price of £1.843 per share.


  1    Details of the person discharging managerial responsibilities / person closely associated /
       associate

 a)    Legal person                                    Hendrik du Toit

 2     Reason for the notification

 a)    Position/status                                 Director of the Company or a major subsidiary of the
                                                       Company

 b)    Initial notification /Amendment                 Initial notification

 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

 a)    Name                                            Ninety One plc

 b)    LEI                                             549300G0TJCT3K15ZG14

 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
       transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)    Description of the financial instrument, type   Ordinary shares of GBP0.0001 each
       of instrument

       Identification code                             GB00BJHPLV88

 b)    Nature of the transaction                       Acquisition of ordinary shares in Ninety One plc under the
                                                       Ninety One Share Incentive Plan ("Partnership Shares").


 c)    Price(s) and volume(s)
                                                             Price(s)         Volume(s)

                                                               £1.843              976


 d)    Aggregated information

       - Aggregated volume                             976

       - Price                                         £1.843
 e)    Date of the transaction                         25 April 2023

 f)    Place of the transaction                        London




  1    Details of the person discharging managerial responsibilities / person closely associated /
       associate

 a)    Legal person                                    Paula Watts

 2     Reason for the notification

 a)    Position/status                                 Company Secretary

 b)    Initial notification /Amendment                 Initial notification

 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer or
       auction monitor

 a)    Name                                            Ninety One plc

 b)    LEI                                             549300G0TJCT3K15ZG14

 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
       transaction; (iii) each date; and (iv) each place where transactions have been conducted

 a)    Description of the financial instrument, type   Ordinary shares of GBP0.0001 each
       of instrument

       Identification code                             GB00BJHPLV88

 b)    Nature of the transaction                       Acquisition of ordinary shares in Ninety One plc under the
                                                       Ninety One Share Incentive Plan ("Partnership Shares").


 c)    Price(s) and volume(s)
                                                             Price(s)         Volume(s)

                                                               £1.843              976


 d)    Aggregated information

       - Aggregated volume                             976

       - Price                                         £1.843

 e)    Date of the transaction                         25 April 2023

 f)    Place of the transaction                        London



Date of release: 28 April 2023
JSE Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd