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Thu 29 Jun 2006, 16:00 Mvela Resources - Directors dealings in Mvela Reso
MVL
 MVL                                                                             
Mvela Resources - Directors" dealings in Mvela Resources Securities             
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:          28 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:         125 827                                        
   Selling price of securities:  R33,0073                                       
   Total value of transaction:   R4 153 209,54                                  
   Nature of interest:           Indirect, beneficial                           
Clearance to deal received:   Yes                                            
(2)Name of Director:             MJ Willcox                                     
   Date of transaction:          28 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:         125 827                                        
   Selling price of securities:  R33,0073                                       
Total value of transaction:   R 4 153 209,54                                 
   Nature of interest:           Indirect, beneficial                           
   Clearance to deal received:   Yes                                            
(3)Name of Director:             M Xayiya                                       
Date of transaction:          28 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:         27 963                                         
   Selling price of securities:  R33,0073                                       
   Total value of transaction:   R 922 983,13                                   
   Nature of interest:           Indirect, beneficial                           
Clearance to deal received:   Yes                                            
Johannesburg                                                                    
29 June 2006                                                                    
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 29/06/2006 04:00:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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