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Fri 29 Oct 2010, 16:43 MVG/MVGP - Mvelaphanda Group Limited - Further explanation to the financial
MVG   MVGP
MVG                                                                             
MVG/MVGP - Mvelaphanda Group Limited - Further explanation to the financial     
information as disclosed in the Mvelaserve Limited Pre-Listing Statement ("PLS")
dated 27 October 2010                                                           
Mvelaphanda Group Limited                                                       
(Incorporated in the Republic of South Africa)                                  
Registration number 1995/004153/06                                              
Ordinary share code: MVG                                                        
Preference share code:                                                          
Ordinary share ISIN: ZAE000060737                                               
Preference share ISIN: ZAE000073540                                             
("Mvela Group" or "the Company")                                                
Further explanation to the financial information as disclosed in the Mvelaserve 
Limited Pre-Listing Statement ("PLS") dated 27 October 2010                     
Shareholders are advised that there is a short presentation on Mvela Group`s    
website -   www.mvelagroup.co.za - that provides explanation to the financial   
and pro forma information as disclosed in the Mvelaserve Limited Pre-Listing    
statement issued on 27 October 2010.                                            
Johannesburg                                                                    
29 October                                                                      
Sponsor to Mvela Group                                                          
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 29/10/2010 16:43:01 Produced by the JSE SENS Department.                  
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