MVG - Mvelaphanda Group - Announcement regarding the posting of the circular and publication of the pre-listing statement of health strategic investments limited 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 POSTING OF THE CIRCULAR AND PUBLICATION OF THE PRE- LISTING STATEMENT OF HEALTH STRATEGIC INVESTMENTS LIMITED Holders of ordinary shares, redeemable option-holding shares and preference shares in Mvela Group ("Shareholders") are referred to the announcement by Mvela Group released on the Securities Exchange News Service ("SENS") on Tuesday, 22 June 2010 and are advised that the circular regarding the series of transactions undertaken and/or to be undertaken by Mvela Group, Brimstone Investment Corporation Limited ("Brimstone") and various entities controlled by Mvela Group and Brimstone ("Restructuring") and the proposed unbundling by Mvela Group of all its directly held ordinary shares in Health Strategic Investments Limited ("Health") to Mvela Group ordinary shareholders ("Unbundling") (the "Circular") was posted to Shareholders today. The Circular also incorporates a notice convening a combined general meeting of Shareholders to be held at 10:00 on Tuesday, 20 July 2010, at Melrose Arch Hotel, High Street, Melrose Arch, Johannesburg. Shareholders are further referred to the abridged pre-listing statement released earlier today on SENS by Health and are advised that the Health pre-listing statement ("Health PLS") was posted to Shareholders, together with the Circular, today. The Circular and the Health PLS are also available on Mvela Group`s website at: www.mvelagroup.co.za. Johannesburg 28 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: 28/06/2010 17:45:54 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the 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.