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                                           LSE share code: INVP
 JSE Hybrid code: INPR                                         JSE share code: INP
 JSE debt code: INLV                                           ISIN: GB00B17BBQ50
 NSX share code: IVD                                           LEI: 2138007Z3U5GWDN3MY22
 BSE share code: INVESTEC
 ISIN: ZAE000081949
 LEI: 213800CU7SM6O4UWOZ70

As part of the dual listed company structure, Investec plc and Investec Limited (together “Investec”) 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) and persons closely associated with them, 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 Article 19 of the Market Abuse Regulation (Regulation 596/2014), the
Disclosure Guidance, Transparency Rules and Listing Rules of the Financial Conduct Authority and/or the JSE
Listings Requirements.

TRANSACTIONS BY A DIRECTOR IN INVESTEC PLC ORDINARY SHARES

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

     a)   Name                                  Stephen Koseff

     2    Reason for the notification

     a)   Position/status                       Director

     b)   Initial notification /Amendment       Initial notification

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

     a)   Name                                  Investec plc

     b)   LEI                                   2138007Z3U5GWDN3MY22

     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 of instrument        Ordinary shares of GBP0.0002 each

          Identification code                   GB00B17BBQ50

     b)   Nature of the transaction             On market sale


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

                                                 GBP4.90                     434,071

     d)   Aggregated information

          - Aggregated volume                   434,071
          - Price                           GBP4.90

     e)   Date of the transaction           06 December 2022

     f)   Place of the transaction          London


In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional
information:

     Volume weighted average price             GBP4.90
     Total value of transaction                GBP2,127,599.01
     Highest price                             GBP4.92
     Lowest price                              GBP4.90
     Nature of interest                        Direct beneficial


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

     a)   Name                              Stephen Koseff

     2    Reason for the notification

     a)   Position/status                   Director

     b)   Initial notification /Amendment   Initial notification

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

     a)   Name                              Investec plc

     b)   LEI                               2138007Z3U5GWDN3MY22

     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 of instrument    Ordinary shares of GBP0.0002 each

          Identification code               GB00B17BBQ50

     b)   Nature of the transaction         On Market Sale of shares to cover taxation due on
                                            vesting of conditional awards.

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

                                              GBP4.86                    1,065,929

     d)   Aggregated information

          - Aggregated volume               1,065,929

          - Price                           GBP4.86

     e)   Date of the transaction           07 December 2022
     f)   Place of the transaction          London


In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional
information:

     Volume weighted average price             GBP4.86
     Total value of transaction                GBP5,184,145.69
     Highest price                             GBP4.91
     Lowest price                              GBP4.85
     Nature of interest                        Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London
08 December 2022

Sponsor:
Investec Bank Limited