Writing,selling, purchasing or varying

DEALINGSBYCONNECTEDEXEMPTPRINCIPALTRADERSWITHRECOGNISEDINTERMEDIARYSTATUSANDDEALINGINACLIENT-SERVINGCAPACITY

Name of exempt principal trader   Investec Bank plc
Company dealt in   International Consolidated Airlines 
  Group, S.A.
Class of relevant security to which the dealings being disclosed relate (Note 1)   Ordinary
Dateofdealing   9th January 2015
Totalnumber of relevant securities acquired Highest price paid (Note 3)

(pence) 		Lowestpricepaid (Note 3)

(pence)


140,497

476p

463.8p
Totalnumber of securities disposed    Highest price received (Note 3)

(pence) 		Lowest price received  (Note 3)

(pence)


140,497

475.9p

463.8p
Product name,

e.g.CFD 		Nature of transaction

(Note 4) 		Number of relevant securities

(Note 5) 		Price per unit

(Note 3)
Productname,
e.g.calloption 		Writing,selling,purchasing,varying etc. Numberofsecuritiestowhichtheoptionrelates (Note 5) Exerciseprice Type,e.g.American,European etc. Expirydate Optionmoneypaid/receivedper unit (Note 3)
Product name,

e.g.calloption 		Number of securities Exercise price per unit (Note 3)

Fulldetailsofanyagreement,arrangementorunderstandingbetweentheperson disclosingandanyotherpersonrelatingtothevotingrightsofanyrelevantsecuritiesunderanyoptionreferredtoonthisformorrelatingtothevotingrightsorfutureacquisitionordisposalofanyrelevantsecuritiestowhichanyderivative referredtoonthisformisreferenced.Ifnone,thisshouldbestated.

distributed by