MVG / MVGP - Mvelaphanda Group - Announcement regarding the listing of the

MVG / MVGP - Mvelaphanda Group - Announcement regarding the listing of the      
ordinary shares in the issued share capital of Life Healthcare Group Holdings   
Limited and reminder of cautionary announcement                                 
MVELAPHANDA GROUP LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1995/004153/06)                                           
Ordinary share code:      MVG  ISIN: ZAE000060737                               
Preference share code:    MVGP ISIN: ZAE000073540                               
("Mvela Group")                                                                 
ANNOUNCEMENT REGARDING THE LISTING OF THE ORDINARY SHARES IN THE ISSUED SHARE   
CAPITAL OF LIFE HEALTHCARE GROUP HOLDINGS LIMITED ("LIFE HEALTHCARE") AND       
REMINDER OF CAUTIONARY ANNOUNCEMENT                                             
Holders of ordinary shares and preference shares of Mvela Group ("Shareholders")
are referred to Mvela Group`s announcements released on the Securities Exchange 
News Service ("SENS") on Tuesday, 18 May 2010 and Thursday, 3 June 2010 as well 
as the announcements by Life Healthcare released on SENS on Thursday, 3 June    
2010 and today regarding, inter alia, the anticipated listing date of Life      
Healthcare on the JSE Limited ("the JSE").                                      
Accordingly, Shareholders are advised that 389,273,713 Life Healthcare ordinary 
shares have been placed at a price of R13.50 and that the expected date of      
listing of Life Healthcare, subject to, inter alia, the achievement of a        
shareholder spread acceptable to the JSE, will be Thursday, 10 June 2010.       
Shareholders are referred to the cautionary announcement dated Monday, 8 March  
2010 and the renewals thereof on Friday, 23 April 2010 and Tuesday, 18 May 2010,
and are reminded that they should continue to exercise caution when dealing in  
Mvela Group securities until a further announcement is made.                    
Johannesburg                                                                    
4 June 2010                                                                     
Merchant bank, structuring adviser and transaction sponsor                      
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Sponsor                                                                         
Deutsche Securities (SA) (Proprietary) Limited                                  
Reporting Accountants                                                           
PKF (Jhb) Inc.                                                                  
Attorneys                                                                       
Bowman Gilfillan Inc.                                                           
Advisers to Mvela Group                                                         
Afropulse Group (Proprietary) Limited                                           
Financial PR adviser                                                            
College Hill                                                                    
Date: 04/06/2010 10:06:10 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
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JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.