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

Babcock International Group

relevant securities this form relates:

(c) Name of the party to the offer with which exempt

Advisor to VT Group Plc

principal trader is connected:

(d) Date dealing undertaken:

26/05/2010

(e) Has the EPT previously disclosed, or is it today

YES - .

disclosing, under the 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 - GB0009697037

Purchase

19,769

GBP 5.61

GBP 5.59

Common - GB0009697037

Sale

20,315

GBP 5.61

GBP 5.56

(b) Derivatives transactions (other than options)

Class of

Product

Nature of dealing

Number of

Price per unit

relevant

description

reference securities

security

eg. CFD

Common - GB0009697037

Swap

LONG

689

GBP 5.60

Common - GB0009697037

Swap

LONG

931

GBP 5.60

Common - GB0009697037

Swap

LONG

1027

GBP 5.60

Common - GB0009697037

Swap

LONG

1169

GBP 5.59

Common - GB0009697037

Swap

LONG

1275

GBP 5.60

Common - GB0009697037

Swap

LONG

1608

GBP 5.60

Common - GB0009697037

Swap

LONG

3458

GBP 5.59

Common - GB0009697037

Swap

LONG

680

GBP 5.60

Class of

Product

Nature of dealing

Number of

Price per unit

relevant

description

reference securities

security

eg. CFD

Common - GB0009697037

Swap

SHORT

1415

GBP 5.59

Common - GB0009697037

Swap

SHORT

2500

GBP 5.60

Common - GB0009697037

Swap

SHORT

109

GBP 5.60

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:

27/05/2010

Contact name:

Bhavika Mistry

Telephone number:

+44 207 995 4747

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

Product description

Number of securities

Exercise price per unit

security

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

Class of relevant

Nature of dealing

Details

Price per unit (if

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:

27/05/2010

Contact name:

Bhavika Mistry

Telephone number:

+44 207 995 4747

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

Investec Plc

relevant securities this form relates:

(c) Name of the party to the offer with which exempt

Advisor to INVESTEC PLC

principal trader is connected:

(d) Date dealing undertaken:

26/05/2010

(e) Has the EPT previously disclosed, or is it today

YES - .

disclosing, under the 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

59,547

GBP 4.80

GBP 4.62

Common - GB00B17BBQ50

Sale

38,946

GBP 4.79

GBP 4.62

(b) Derivatives transactions (other than options)

Class of

Product

Nature of dealing

Number of

Price per unit

relevant

description

reference securities

security

eg. CFD

Common - GB00B17BBQ50

Swap

LONG

25441

GBP 4.68

Common - GB00B17BBQ50

Swap

LONG

18101

GBP 4.75

Common - GB00B17BBQ50

Swap

LONG

3860

GBP 4.62

Common - GB00B17BBQ50

Swap

LONG

3283

GBP 4.80

Common - GB00B17BBQ50

Swap

LONG

3041

GBP 4.78

Common - GB00B17BBQ50

Swap

LONG

1602

GBP 4.66

Class of

Product

Nature of dealing

Number of

Price per unit

relevant

description

reference securities

security

eg. CFD

Common - GB00B17BBQ50

Swap

SHORT

1306

GBP 4.79

Common - GB00B17BBQ50

Swap

SHORT

1602

GBP 4.62

Common - GB00B17BBQ50

Swap

SHORT

1605

GBP 4.63

Common - GB00B17BBQ50

Swap

SHORT

3403

GBP 4.67

Common - GB00B17BBQ50

Swap

SHORT

3850

GBP 4.63

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

Investec Limited

relevant securities this form relates:

(c) Name of the party to the offer with which exempt

Advisor to Investec Plc

principal trader is connected:

(d) Date dealing undertaken:

26/05/2010

(e) Has the EPT previously disclosed, or is it today

YES - .

disclosing, under the 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

24,807

ZAR 57.00

ZAR 57.00

Common - ZAE000081949

Sale

24,807

ZAR 57.00

ZAR 57.00

(b) Derivatives transactions (other than options)

Class of

Product

Nature of dealing

Number of

Price per unit

relevant

description

reference securities

security

eg. CFD

Common - ZAE000081949

Swap

SHORT

12300

ZAR 56.91

Common - ZAE000081949

Swap

SHORT

12400

ZAR 56.91

(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