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

MVG/MVGP - Mvelaphanda Group Limited - Announcement regarding the listing of the
ordinary shares in the issued share capital of Life Healthcare Group Holdings   
Limited and further 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       
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Holders of ordinary shares and preference shares of Mvela Group ("Shareholders")
are referred to Mvela Group`s announcement released on the Securities Exchange  
New Service ("SENS") on Tuesday, 27 May 2010 as well as the announcement by Life
Healthcare released on SENS today regarding, inter alia, the revised offer size,
pricing and anticipated listing date of Life Healthcare on the JSE Limited ("the
JSE").                                                                          
Accordingly, Shareholders are advised 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 27 May 2010 and are advised that they should continue to exercise caution   
when dealing in Mvela Group securities until a further announcement is made.    
Johannesburg                                                                    
2 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: 03/06/2010 10:01:02 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,     
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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,          
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