Mvelaphanda Group - Trading statement issued

     Mvelaphanda Group - Trading statement issued                               
     Mvelaphanda Group Limited                                                  
     (Incorporated in the Republic of South Africa)                             
Registration number 1995/004153/06                                         
     Ordinary share code: MVG                                                   
     Preference share code: MVGP                                                
     Ordinary share ISIN: ZAE000060737                                          
Preference share ISIN: ZAE000073540                                        
     ("Mvela Group")                                                            
     Trading statement issued in terms of section 3.4 of the Listings           
     Requirements of the JSE Limited                                            
Shareholders are advised that:                                             
     -    Mvela Group"s earnings per ordinary share for the year ended 30 June  
          2006 are expected to be up approximately 105%, to between 265 cents   
          per ordinary share and 275 cents per ordinary share; and              
-    Mvela Group"s headline earnings per ordinary share for the year ended 
          30 June 2006 are expected to be up approximately 125%, to between 315 
          cents per ordinary share and 325 cents per ordinary share,            
     compared to the earnings per ordinary share and headline earnings per      
ordinary share for the year ended 30 June 2005.                            
     The reason for the increase in earnings per ordinary share and headline    
     earnings per ordinary share is mainly due to the increase in the value of  
     certain of Mvela Group"s major investments.                                
The financial information in this trading statement has not been reviewed  
     or reported on by Mvela Group"s auditors.                                  
     Mvela Group"s results for the year ended 30 June 2006 are expected to be   
     published on or about 5 September 2006.                                    
Sandton                                                                    
     1 September 2006                                                           
     Sponsor                                                                    
     Deutsche Securities SA (Proprietary) Limited                               
Date: 01/09/2006 08:53:25 AM Supplied by www.sharenet.co.za                     
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