Index Change Advice

/

Investec Group Limited (South Africa): Reorganisation

FTSE / JSE Africa Index Series

17 July 2002
Following the reorganisation of Investec Group Limited (SA) into a Dual UK and South African Listed Companies structure, FTSE and JSE announces the following changes:
INDEX /

CHANGE

/ EFFECTIVE FROM START OF TRADING
FTSE/JSE Africa Top 40 / Investec Group Limited (SA, 6465959) will be renamed Investec Ltd. Total shares in issue will be decreased to 38,399,028 with an increased investibility weighting of 100%.
Investec PLC (SA) will be added with a shares in issue total of 70,633,746 and an investibility weighting of 100% (also see notes below). / 22 July 2002
FTSE/JSE Africa All Share / Investec Group Limited (SA, 6465959) will be treated as above.
Investec PLC (SA) will be added to the index as above (also see notes below). / 22 July 2002
FTSE/JSE Africa Financial 15 / Investec Group Limited (SA, 6465959) will be treated as above.
Investec PLC (SA) will be added to the index as above (also see notes below). / 22 July 2002
FTSE/JSE Africa Financial & Industrial 30 / Investec Group Limited (SA, 6465959) will be treated as above.
Investec PLC (SA) will be added to the index as above (also see notes below). / 22 July 2002
FTSE/JSE Africa Financial & Industrial / Investec Group Limited (SA, 6465959) will be treated as above.
Investec PLC (SA) will be added to the index as above (also see notes below). / 22 July 2002
Subject to completion of the global offer of up to 10 million additional shares, Investec PLC may increase its shares in issue to 80,633,746 on 29 July 2002.
A further notice will be issued to confirm this when the outcome is known.

Please also note that for the purpose of weighting the two companies as a single entity in the FTSE/JSE Africa Index series, Investec Group Limited (SA) will be classed as the secondary line of Investec PLC (SA).

The treatment of Investec PLC and Investec Ltd as well as DLC Structures in general within the FTSE/JSE Africa Index Series will be reviewed at the next Advisory Committee Review, and as such the treatment of Investec in the index may change.

Please note that Investec PLC (SA) classification will be 875 (Investment Banks).

For FTSE / JSE index enquiries or further information about FTSE / JSE please contact:

Client Services in UK:Tel: +44 (0) 20 7448 1810 and

Client Services in US: Tel: +1 212 825 1328 or +1 415 445 5660 and

Client Services in Asia Pacific Tel: +852 2230 5800 or +65 223 3738.

JSE Securities Exchange South AfricaTel: (27 11) 520 7702 or +520 7777

Or, email your enquiries to , or visit our websites at