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RNS Number : 4016M

Bank of America Merrill Lynch

15 August 2011

AMENDMENTS TO SECTION 2(a) and 2(b) 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 and

principal trader is connected: INVESTEC LTD

(d) Date dealing undertaken: 11/08/2011

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

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 190,295 GBP 4.06 GBP 3.85

Common - GB00B17BBQ50 Sale 383,039 GBP 4.07 GBP 3.84

(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 SHORT 87482 GBP 3.94

Common - GB00B17BBQ50 Swap SHORT 59 GBP 3.85

Common - GB00B17BBQ50 Swap SHORT 138 GBP 3.95

Common - GB00B17BBQ50 Swap SHORT 287 GBP 3.99

Common - GB00B17BBQ50 Swap SHORT 345 GBP 3.99

Common - GB00B17BBQ50 Swap SHORT 430 GBP 3.97

Common - GB00B17BBQ50 Swap SHORT 1044 GBP 4.08

Common - GB00B17BBQ50 Swap SHORT 1194 GBP 3.97

Common - GB00B17BBQ50 Swap SHORT 2808 GBP 3.97

Common - GB00B17BBQ50 Swap SHORT 4488 GBP 3.99

Common - GB00B17BBQ50 Swap SHORT 5216 GBP 3.97

Common - GB00B17BBQ50 Swap SHORT 5977 GBP 3.94

Common - GB00B17BBQ50 Swap SHORT 49 GBP 4.06

Common - GB00B17BBQ50 Swap SHORT 8516 GBP 3.99

Common - GB00B17BBQ50 Swap SHORT 2795 GBP 3.94

Common - GB00B17BBQ50 Swap SHORT 7064 GBP 3.95

Class of Product Nature of dealing Number of Price per unit

relevant description reference securities

security eg. CFD

Common - GB00B17BBQ50 Swap LONG 91965 GBP 3.95

Common - GB00B17BBQ50 Swap LONG 13291 GBP 4.01

Common - GB00B17BBQ50 Swap LONG 5957 GBP 3.97

Common - GB00B17BBQ50 Swap LONG 4788 GBP 4.08

Common - GB00B17BBQ50 Swap LONG 3945 GBP 4.08

Common - GB00B17BBQ50 Swap LONG 3892 GBP 4.08

Common - GB00B17BBQ50 Swap LONG 2276 GBP 4.07

Common - GB00B17BBQ50 Swap LONG 2085 GBP 4.08

Common - GB00B17BBQ50 Swap LONG 1000 GBP 3.89

Common - GB00B17BBQ50 Swap LONG 616 GBP 3.84

Common - GB00B17BBQ50 Swap LONG 45 GBP 3.92

Common - GB00B17BBQ50 Swap LONG 29 GBP 3.93

(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 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

security 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: 15/08/2011

Contact name: Doug Berwick

Telephone number: +44 20 7995 8859

This information is provided by RNS

The company news service from the London Stock Exchange

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