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Mon 5 Jul 2004, 14:10 DEALING IN SECURITIES BY DIRECTORS
MVELAPHANDA RESOURCES LIMITED - DEALING IN SECURITIES BY DIRECTORS              
  MVELAPHANDA RESOURCES LIMITED                                                   
  (Registration number 1980/01395/06)                                             
  (Incorporated in the Republic of South Africa)                                  
  Share code: MVL         ISIN-number ZAE000050266                                
  Dealing In Securities By Directors                                              
  In compliance with paragraphs 3.63 to 3.74 of the JSE Securities Exchange South 
  Africa Listings Requirements, the following information is disclosed:           
  Name of Director                 :  TMG Sexwale                                 
  Date of Transaction              :  1 July 2004                                 
  Number of Shares                 :  9 720                                       
  Class of security                :  Ordinary Shares                             
  Price per Share                  :  R17.167                                     
  Total value of Shares            :  R166 863,24                                 
  Nature of The Transaction        :  Purchase                                    
  Nature and extent of Director`s                                                 
  interest in the Transaction      :  Indirect, non-beneficial                    
  Confirmation of Clearance        :  Clearance to deal was granted               
  Name of Director                 :  MJ Wilcox                                   
  Date of Transaction              :  1 July 2004                                 
  Number of Shares                 :  4 860                                       
  Class of security                :  Ordinary Shares                             
  Price per Share                  :  R17.193                                     
  Total value of Shares            :  R83 557,98                                  
  Nature of The Transaction        :  Purchase                                    
  Nature and extent of Director`s                                                 
  interest in the Transaction      :  Indirect, non-beneficial                    
  Confirmation of Clearance        :  Clearance to deal was granted               
  Name of Director                 :  MSM Xayiya                                  
  Date of Transaction              :  1 July 2004                                 
  Number of Shares                 :  1 620                                       
  Class of security                :  Ordinary Shares                             
  Price per Share                  :  R17.297                                     
  Total value of Shares            :  R 28 021.14                                 
  Nature of The Transaction        :  Purchase                                    
  Nature and extent of Director`s                                                 
  interest in the Transaction      :  Indirect, non-beneficial                    
  Confirmation of Clearance        :  Clearance to deal was granted               
  Sponsor                                                                         
  PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
  Date: 05/07/2004 02:02:54 PM Produced by the JSE SENS Department                
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