Mvelaphanda Group Limited - Changes to the Board of Directors

Mvelaphanda Group Limited - Changes to the Board of Directors                   
Mvelaphanda Group Limited                                                       
(Formerly Rebserve Holdings Limited)                                            
(Incorporated in the Republic of South Africa)                                  
(Registration number 1995/004153/06)                                            
Share code: MVG                                                                 
ISIN: ZAE000060737                                                              
("the Company" or "Mvela Group")                                                
Changes to the Board of Directors                                               
Mvela Group is pleased to announce the appointment of the following three       
persons as directors of the Company, effective immediately:                     
Mr Kuseni Dlamini (37), M Phil (Oxford)                                         
(Independent non-executive director)                                            
Mr. Dlamini has held senior appointments at De Beers in South Africa and in the 
United Kingdom, including having previously been head of public affairs at De   
Beers. He currently holds a senior position in respect of human resources at    
Anglogold. He is also a non-executive director of the National Business         
Initiative (NBI) and Teba Limited, and sits on the council the South African    
Institute of International Affairs (SAIIA).                                     
Mr John Moxon (60), FCA, MBA (Cape Town)                                        
(Independent non-executive director)                                            
John Moxon is currently the chairman of Meikles Africa Limited, a Zimbabwe based
company, which is listed on the Harare and London Stock Exchanges, with         
interests in the hotel and retail sectors.                                      
Mr Vusi Mavimbela (50), BSoc(Natal)                                             
(Executive director)                                                            
Mr Vusi Mavimbela is currently employed as a senior executive at Mvela Group    
with responsibility for business strategy and African expansion. Prior to       
joining Mvela Group he held various senior positions in the office of the Deputy
President, including having been special advisor to the President on            
intelligence and security matters.                                              
Mvela Group also announces that Ms Louisa Mojela has resigned as a director of  
the company with immediate effect.                                              
Sandton                                                                         
Wednesday 23 June 2005                                                          
Issued by: Sponsor                                                              
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 23/06/2005 11:50:08 AM Supplied by www.sharenet.co.za                     
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