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Mon 20 Jun 2005, 16:37 Appointment Of Executive Director, New Business
Mvela Resources - Appointment Of Executive Director, New Business               
Mvelaphanda Resources Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1980/001395/06)                                            
Share code:  MVL ISIN:  ZAE000050266                                            
(`Mvela Resources`)                                                             
APPOINTMENT OF EXECUTIVE DIRECTOR, NEW BUSINESS                                 
Mvelaphanda Resources Limited (`Mvela Resources`) is pleased to announce the    
appointment of Kgomotso Brian Mosehla as Executive Director, New Business,      
effective immediately.                                                          
Brian has had extensive experience in structured and corporate finance;         
following a five-year stint as a senior member of the Corporate Finance Division
at African Merchant Bank, Brian joined Mvelaphanda Holdings in January 2003 as  
head of Corporate Finance.                                                      
`We welcome Brian to the Mvelaphanda Resources executive team and board` said   
Pine Pienaar, Chief Executive Officer, `Brian`s experience in corporate and     
structured finance add significant value to the skills of the executive team,   
and his focus on new business opportunities will enable Mvelaphanda Resources to
continue to meet its strategic growth objectives.`                              
For further information:                                                        
James Wellsted                                                                  
+27 (0) 11 325 5323                                                             
+27 (0) 83 453 4014                                                             
Johannesburg                                                                    
20 June 2005                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd
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