MVG/MVGP - Mvelaphanda Group Limited - Change to the board of directors

MVG/MVGP - Mvelaphanda Group Limited - Change to the board of directors         
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")                                                                 
Change to the Board of directors                                                
Mvela Group announces that Mark Willcox has resigned as Chief Investment Officer
and Executive Director of Mvela Group with effect from 1 June 2008.             
Mark Willcox will, however, serve as a Non-Executive Director on the board of   
Mvela Group.                                                                    
Sandton                                                                         
30 May 2008                                                                     
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 30/05/2008 09:11:49 Supplied by www.sharenet.co.za                     
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