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.

Accordingly, we disclose the following trades in Investec shares:


TRANSACTIONS BY A PDMR IN INVESTEC LIMITED ORDINARY SHARES

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

     a) Name                             Cumesh Moodliar

     2   Reason for the notification

     a) Position/status                  PDMR

     b) Initial notification             Initial notification
        /Amendment

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

     a) Name                             Investec Limited

     b) LEI                              213800CU7SM6O4UWOZ70

     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              Ordinary shares of ZAR0.0002 each
        instrument

         Identification code             ZAE000081949

     b) Nature of the transaction        On market sale of shares following the release of
                                         forfeitable shares.
     c)   Price(s) and volume(s)
                                          Price(s)                Volume(s)

                                          ZAR110.65               46,923

     d) Aggregated information

          - Aggregated volume           46,923

          - Price                       ZAR110.65

     e) Date of the transaction         30 August 2023

     f)   Place of the transaction      Johannesburg


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

     Volume weighted average price         ZAR110.65
     Total value of transaction            ZAR5 192 011.18
     Highest price                         ZAR110.96
     Lowest price                          ZAR110.31
     Nature of interest                    Direct beneficial



Clearance was obtained for the above dealings in securities.


Johannesburg and London
31 August 2023

Sponsor:
Investec Bank Limited