Investec Ltd \Investec PLC - Preference share partial redemption announcement 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: ILRP1 LSE share code: INVP ISIN: ZAE000183216 JSE share code: INP JSE ordinary share code: INL ISIN: GB00B17BBQ50 NSX ordinary share code: IVD BSE ordinary share code: INVESTEC ISIN: ZAE000081949 INVESTEC LIMITED Preference share partial redemption announcement Class ILRP1 redeemable, cumulative non-participating preference shares (“Preference Shares”) Partial redemption of Preference Shares Notice is hereby given that 20 000 Preference Shares will be redeemed on 29 January 2016 pursuant to a bespoke offer that was made by Investec Limited to a specific preference shareholder, which offer was accepted by such shareholder, in accordance with clause 46 of the Amended and Restated Applicable Pricing Supplement of the Preference Shares. The early redemption will take place at an amount of 100 417.72141 cents per Preference Share being a return of capital of 100 000 cents per Preference Share plus accrued dividends in respect of the period from and including 01 January 2016 to, but excluding, 29 January 2016, which amounts to 417.72141 cents per Preference Share. Salient features of the redemption of the 20 000 Preference Shares are listed below: Issuer Investec Limited Instrument Redeemable cumulative non- participating preference shares Early Redemption date 29 January 2016 Number of shares redeemed 20 000 Number of shares outstanding 333 863 post this early redemption JSE Share Code ILRP1 ISIN ZAE000183216 22 January 2016 Johannesburg Sponsor: Investec Bank Limited Date: 22/01/2016 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.