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Wed 28 Jul 2004, 17:29 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           :  23 July 2004                                   
Number of Shares              :  3 600                                          
Class of security             :  Ordinary Shares                                
Price per Share               :  R16.0588                                       
Total value of Shares         :  R57 811.68                                     
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           :  23 July 2004                                   
Number of Shares              :  1 800                                          
Class of security             :  Ordinary Shares                                
Price per Share               :  R16.0781                                       
Total value of Shares         :  R28 940.58                                     
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           :  23 July 2004                                   
Number of Shares              :  600                                            
Class of security             :  Ordinary Shares                                
Price per Share               :  R16. 2456                                      
Total value of Shares         :  R9 747.36                                      
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                   
26 July 2004                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
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