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Thu 17 Oct 2002, 11:08 Mvelaphanda Resources Limited - Dealing In Securit
Mvelaphanda Resources Limited - Dealing In Securities By Director               
MVELAPHANDA RESOURCES LIMITED                                                   
(Registration number 1980/01395/06)                                             
(Incorporated in the Republic of South Africa)                                  
Share code: MVL         ISIN-number ZAE000037610                                
In compliance with section 3.72 to 3.75 of the JSE Securities Exchange South    
Africa Listing Requirements, the following information is disclosed:-           
Name of Director                        :  Mr WJDI Scott                        
Date of Transaction                     :  16 October 2002                      
Total Number of Linked Units            :  285 000                              
Class of security                       :  Linked units                         
Price of linked Units                   :  R25.05 per linked unit               
Nature of Transaction                   :  Sold                                 
Nature and extent of Director`s                                                 
Interest in the Transaction             :  Direct, Beneficial                   
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 17/10/2002 11:02:22 AM Produced by the JSE SENS Department
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