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Wed 28 Jun 2006, 16:00 Mvelaphanda Resources Limited - Directors Dealings
MVL
 MVL                                                                             
Mvelaphanda Resources Limited - Directors" Dealings                             
MVELAPHANDA RESOURCES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1980/001395/06)                                            
Share code: MVL & ISIN: ZAE000050266                                            
("Mvela Resources")                                                             
DIRECTORS" DEALINGS IN MVELA RESOURCES SECURITIES                               
In compliance with paragraph 3.63 to 3.74 of the JSE Limited Listings           
Requirements, we hereby disclose the following directors" dealings in securities
of Mvela Resources:                                                             
(1)Name of Director:             TMG Sexwale                                    
Date of transaction:          27 June 2006                                   
   Nature of transaction:        Sale of shares held by the TJS Family Trust for
                                 the funding of an exercise of options          
   Class of securities:          Ordinary Shares                                
Number of securities:         115 773                                        
   Selling price of securities:  R32,0881                                       
   Total value of transaction:   R3 714 935,60                                  
   Nature of interest:           Indirect, beneficial                           
Clearance to deal received:   Yes                                            
(2)Name of Director:             MJ Willcox                                     
   Date of transaction:          27 June 2006                                   
   Nature of transaction:        Sale of shares held by the Matimba Trust for   
the funding of an exercise of options          
   Class of securities:          Ordinary Shares                                
   Number of securities:         57 787                                         
   Selling price of securities:  R32,0881                                       
Total value of transaction:   R 1 854 275,03                                 
   Nature of interest:           Indirect, beneficial                           
   Clearance to deal received:   Yes                                            
(3)Name of Director:             M Xayiya                                       
Date of transaction:          26 June 2006                                   
   Nature of transaction:        Sale of shares held by the Dikela Trust for    
                                 the funding of an exercise of options          
   Class of securities:          Ordinary Shares                                
Number of securities:         19 326                                         
   Selling price of securities:  R32,0881                                       
   Total value of transaction:   R 620 134,62                                   
   Nature of interest:           Indirect, beneficial                           
Clearance to deal received:   Yes                                            
Johannesburg                                                                    
28 June 2006                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 28/06/2006 04:00:19 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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