Form 8.5 (EPT/RI)

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING

IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader: Bank of America Merrill Lynch

(b) Name of offeror/offeree in relation to whose relevant securities this INVESTEC LTD

form relates:

(c) Name of the party to the offer with which exempt Advisor to INVESTEC PLC and INVESTEC LTD

principal trader is connected:

(d) Date dealing undertaken: 14/10/2011

(e) Has the EPT previously disclosed, or is it today disclosing, under the NO

Code in respect of any other party to this offer?

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of Purchase/ Total number Highest price Lowest price

relevant Sales of securities per unit per unit

security paid/received paid/received

Common - ZAE000081949 Purchase 5,478 ZAR 46.66 ZAR 46.18

Common - ZAE000081949 Sale 5,478 ZAR 46.41 ZAR 46.41

(b) Derivatives transactions (other than options)

Class of Product description Nature of dealing Number of reference  Price per unit

relevant securities

security

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of Product Writing, Number of Exercise Type Expiry Option

relevant description purchasing, securities price date money

security selling, to which per unit paid/

varying etc. option received

relates per unit

(ii) Exercising

Class of relevant security Product description Number of securities Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing Details Price per unit (if applicable)

3. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the

disclosure and any party to the offer or any person acting in concert with a party to the

offer:

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

Date of disclosure: 17/10/2011

Contact name: Balenkosi Dungeni

Telephone number: +44 20 7996 1639

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING

IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader: Bank of America Merrill Lynch

(b) Name of offeror/offeree in relation to whose relevant securities this  Evolution Group Plc

form relates:

(c) Name of the party to the offer with which exempt Advisor to INVESTEC PLC and INVESTEC LTD

principal trader is connected:

(d) Date dealing undertaken: 14/10/2011

(e) Has the EPT previously disclosed, or is it today disclosing, under the NO

Code in respect of any other party to this offer?

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of Purchase/ Total number Highest price Lowest price

relevant Sales of securities per unit per unit

security paid/received paid/received

Common - GB0030221864 Purchase 57,268 GBP 0.83 GBP 0.82

Common - GB0030221864 Sale 67,663 GBP 0.83 GBP 0.82

(b) Derivatives transactions (other than options)

Class of Product description   Nature of dealing Number of reference   Price per unit

relevant eg. CFD securities

security

Common - GB0030221864 Swap LONG 2490 GBP 0.83

Common - GB0030221864 Swap LONG 3313 GBP 0.82

Common - GB0030221864 Swap LONG 4592 GBP 0.82

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of Product Writing, Number of Exercise Type Expiry Option

relevant description purchasing, securities price date money

security selling, to which per unit paid/

varying etc. option received

relates per unit

(ii) Exercising

Class of relevant security Product description Number of securities Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing Details Price per unit (if applicable)

3. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the

disclosure and any party to the offer or any person acting in concert with a party to the

offer:

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

Date of disclosure: 17/10/2011

Contact name: Balenkosi Dungeni

Telephone number: +44 20 7996 1639

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING

IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Name of exempt principal trader: Bank of America Merrill Lynch

(b) Name of offeror/offeree in relation to whose relevant securities this INVESTEC PLC

form relates:

(c) Name of the party to the offer with which exempt Advisor to INVESTEC PLC and INVESTEC LTD

principal trader is connected:

(d) Date dealing undertaken: 14/10/2011

(e) Has the EPT previously disclosed, or is it today disclosing, under the NO

Code in respect of any other party to this offer?

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of Purchase/ Total number Highest price Lowest price

relevant Sales of securities per unit per unit

security paid/received paid/received

Common - GB00B17BBQ50 Purchase 15,748 GBP 3.69 GBP 3.66

Common - GB00B17BBQ50 Sale 34,831 GBP 3.68 GBP 3.67

(b) Derivatives transactions (other than options)

Class of Product description   Nature of dealing Number of reference   Price per unit

relevant eg. CFD securities

security

Common - GB00B17BBQ50 Swap SHORT 2057 GBP 3.69

Common - GB00B17BBQ50 Swap SHORT 1526 GBP 3.69

Common - GB00B17BBQ50 Swap SHORT 684 GBP 3.69

Common - GB00B17BBQ50 Swap SHORT 160 GBP 3.65

Common - GB00B17BBQ50 Swap SHORT 108 GBP 3.69

Common - GB00B17BBQ50 Swap SHORT 101 GBP 3.69

Common - GB00B17BBQ50 Swap SHORT 93 GBP 3.70

Common - GB00B17BBQ50 Swap SHORT 49 GBP 3.70

Common - GB00B17BBQ50 Swap SHORT 23 GBP 3.70

Common - GB00B17BBQ50 Swap SHORT 18 GBP 3.68

Class of Product description   Nature of dealing Number of reference   Price per unit

relevant eg. CFD securities

security

Common - GB00B17BBQ50 Swap LONG 108 GBP 3.68

Common - GB00B17BBQ50 Swap LONG 1288 GBP 3.68

Common - GB00B17BBQ50 Swap LONG 1740 GBP 3.68

Common - GB00B17BBQ50 Swap LONG 4400 GBP 3.68

Common - GB00B17BBQ50 Swap LONG 16366 GBP 3.68

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of Product Writing, Number of Exercise Type Expiry Option

relevant description purchasing, securities price date money

security selling, to which per unit paid/

varying etc. option received

relates per unit

(ii) Exercising

Class of relevant security Product description Number of securities Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing Details Price per unit (if applicable)

3. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the

disclosure and any party to the offer or any person acting in concert with a party to the

offer:

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

Date of disclosure: 17/10/2011

Contact name: Doug Berwick

Telephone number: +44 20 7995 8859